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Property profile & analytics
OFF-MARKET
Estimated value
$625,000
Retail space
721 Main St Stillwater, OK 74074-4669
Entity Owned
10-yr Hold
Free & Clear
Property ID
US69-0811322
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1920
Total area
3,468 SF
Lot
2 ac (87,120 SF)
APN
600025949
UPID
US69-0811322
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
-
Los Aztecas Restaurant 2 Restaurant
-
Hazel Modella Art Gallery Art Gallery
-
Little Sapling Market (Bike/Boat/Book/etc) Store
-
AR Workshop Stillwater Artistic Handicrafts Candle Store
-
Pizza Inn Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$715k
Comparable Approach
Comparable
$634k
Blend (final)
Blend
$625k
Owner & transaction history
Goodgrove Companies INC · 10 yrs held
Goodgrove Companies INC
since 2016
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$590,000
+27.0%
Office building
$560,000
+20.6%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$775,000
6.5%
$715,000
7%
$665,000
Alternative Use
Use
Estimation
RETAIL STORES
$465,000
Current use
COMMERCIAL (GENERAL)
$590,000
Change: +27% · Conversion: Easy
OFFICE BUILDING
$560,000
Change: +21% · Conversion: Easy
Blend value · Realmo final
$625k
Range $563k – $688k · ±10%
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
$180 / 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
$6,695
Tax year 2023
Assessed value
$65,984
Assessed 2023
Previous assessed
$62,842
+5.0% YoY
Effective rate
10.15%
On assessed value
Assessed land
$16,722
Assessed improvement
$49,262
Land market value
$175,000
Improvement market value
$515,530
Total market value
$690,530
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1920
Heating
NONE
Cooling
AC.PACKAGE
Buildings
2
Stories
12
Total area
3,468 SF
Lot
2 ac (87,120 SF)
APN
600025949
UPID
US69-0811322
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
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$465,000
COMMERCIAL (GENERAL)
Est. value
$590,000
OFFICE BUILDING
Est. value
$560,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1920
Heating
NONE
Cooling
Yes
Stories
12
Buildings
2
Lot
2 ac
Current owner
From public records · entity-resolved
Goodgrove Companies INC
Entity
Free & Clear · 10 yrs held
Mailing address
PO BOX 2591, STILLWATER, OK 74076-2591
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 30, 2016
—
Goodgrove Companies INC
Deeann Williams Thomas
Warranty Deed
—
Oct 5, 2007
—
Mark Thomas
Territory Western Apparel INC
Grant Deed
related
—
—
—
Mark Thomas
—
Deed Of Trust
related
$160,000 · Exchange Bank & Trust Co
—
—
Deeann Williams-thomas
—
Loan Modification
related
$200,000 · Exchange Bank & Trust Co
—
—
Territory Western Apparel INC
—
Loan Modification
related
—
—
—
Deeann Williams-thomas
—
Loan Modification
related
—
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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