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Property profile & analytics
OFF-MARKET
Estimated value
$2,835,000
Turn key restaurants
701 Main St, Stillwater, OK 74074-4669
Entity Owned
1-yr Hold
Free & Clear
Property ID
US69-0917401
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1925
Total area
6,750 SF
Lot
4 ac (174,240 SF)
APN
600025926
UPID
US69-0917401
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Regional Finance Loan Service
-
Granny's Kitchen Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.70M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.66M
Blend (final)
Blend
$2.84M
Owner & transaction history
Grace Rae Properties LLC · 1 yrs held
Grace Rae Properties LLC
since 2025
Last sale
$3.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Stillwater submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stillwater submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$2,745,000
ML approach
$2,695,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.84M
Range $2.55M – $3.12M · ±10% · vs last sale $2.95M (Feb 14 2025)
Last sale anchor
$2.95M
Feb 14 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$420 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$20,603
Tax year 2023
Assessed value
$203,045
Assessed 2023
Previous assessed
$193,376
+5.0% YoY
Effective rate
10.15%
On assessed value
Assessed land
$18,725
Assessed improvement
$184,320
Land market value
$297,500
Improvement market value
$2,928,320
Total market value
$3,225,820
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1925
Heating
CENTRAL
Cooling
CENTRAL
Buildings
3
Stories
10
Total area
6,750 SF
Lot
4 ac (174,240 SF)
APN
600025926
UPID
US69-0917401
Jurisdiction
PAYNE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1925
Heating
CENTRAL
Cooling
Yes
Stories
10
Buildings
3
Lot
4 ac
Current owner
From public records · entity-resolved
Grace Rae Properties LLC
Entity
Free & Clear · 1 yrs held
Mailing address
214 W MAIN ST, WEATHERFORD, OK 73096-4839
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 14, 2025
$2,950,000
Grace Rae Properties LLC
Aggie Development LLC
Special Warranty Deed
—
Sep 20, 2021
—
Aggie Development LLC
—
Deed
related
$200,000 · Exchange Bank & Trust Co
Mar 19, 2018
—
Aggie Dev LLC
—
Deed
related
$1,980,107 · Exchange Bk
May 12, 2017
—
Aggie Dev LLC
—
Deed
related
$1,833,985 · Exchange Bk
Nov 2, 2010
—
Aggie Dev LLC
City Of Stillwater
Warranty Deed
$396,958 · Exchange Bank & Trust Co
Aug 17, 2007
—
City Of Stillwater Oklahoma
Stillwater Childrens Museum L
Quit Claim Deed
related
—
Aug 17, 2007
$500,000
Childrens Museum L Stillwater
Roaring Fork Associates LLC
Grant Deed
related
—
—
—
Aggie Dev LLC
—
Loan Modification
related
$1,785,000 · Exchange Bank
—
—
Aggie Dev LLC
—
Loan Modification
related
$1,654,028 · Exchange Bank & Trust Co
—
—
Aggie Dev LLC
—
Deed Of Trust
related
$398,877 · Stillwater Ind'l & Redev Autho
—
—
Aggie Dev LLC
—
Loan Modification
related
$1,833,985 · Exchange Bk
—
—
Aggie Dev LLC
—
Loan Modification
related
$1,980,107 · Exchange Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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