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Property profile & analytics
OFF-MARKET
Estimated value
$710,000
Warehouses
8150 116th E Ave, Owasso, OK 74055-2646
Entity Owned
6-yr Hold
Free & Clear
Property ID
US69-0149703
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1980
Construction
STEEL FRAME
Total area
20,250 SF
Lot
1.94 ac (84,506 SF)
Zoning code
IL
APN
61435-14-29-46050
UPID
US69-0149703
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$886k
Blend (final)
Blend
$710k
Owner & transaction history
Murray Womble INC · 6 yrs held
Murray Womble INC
since 2019
7 recorded transactions
Zoning & alternative use
IL · Owasso, OK
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 Owasso submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Owasso 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$710k
Range $639k – $781k · ±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
$35 / 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
$11,714
Tax year 2023
Assessed value
$107,206
Assessed 2023
Previous assessed
$103,180
+3.9% YoY
Effective rate
10.93%
On assessed value
Assessed land
$32,538
Assessed improvement
$74,668
Land market value
$295,800
Improvement market value
$678,800
Total market value
$974,600
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1980
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
3
Stories
1
Total area
20,250 SF
Lot
1.94 ac (84,506 SF)
Zoning code
IL
APN
61435-14-29-46050
UPID
US69-0149703
Jurisdiction
TULSA
Zoning & alternative use
IL · Owasso, OK
Zoning IL · permitted uses
IL · Owasso, OK
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Owasso. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1980
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
3
Lot
1.94 ac
Current owner
From public records · entity-resolved
Murray Womble INC
Entity
Free & Clear · 6 yrs held
Mailing address
8150 N 116TH E AVE, OWASSO, OK 74055-2646
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 26, 2025
—
Murray Womble INC
—
Deed
related
$250,000 · First Bank Of Owasso
Jun 29, 2022
—
Murray Womble INC
—
Deed
related
$2,000,000 · First Bank Of Owasso
Jan 13, 2020
—
Murray Womble INC
—
Deed
related
$108,874 · First Bk/owasso
Jan 7, 2020
—
Murray Womble INC
—
Deed
related
$995,000 · First Bk/owasso
Dec 26, 2019
—
Murray Womble INC
Addm LP
Warranty Deed
—
—
—
Murray Womble INC
—
Deed Of Trust
related
$995,000 · First Bk/owasso
—
—
Murray Womble INC
—
Deed Of Trust
related
$108,874 · First Bk/owasso
—
—
Addm
—
Deed Of Trust
related
$245,418 · First Bank Of Owasso
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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