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Property profile & analytics
OFF-MARKET
Warehouses
8199 116th E Ave, Owasso, OK 74055-2647
Entity Owned
21-yr Hold
Free & Clear
Property ID
US69-1117784
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1995
Construction
STEEL FRAME
Total area
11,748 SF
Lot
0.7 ac (30,448 SF)
Zoning code
IL
APN
61435-14-29-46130
UPID
US69-1117784
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Witten Industries LLC · 21 yrs held
Witten Industries LLC
since 2004
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$5,815
Tax year 2023
Assessed value
$53,218
Assessed 2023
Previous assessed
$53,218
+0.0% YoY
Effective rate
10.93%
On assessed value
Assessed land
$15,070
Assessed improvement
$38,148
Land market value
$137,000
Improvement market value
$346,800
Total market value
$483,800
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
1995
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
11,748 SF
Lot
0.7 ac (30,448 SF)
Zoning code
IL
APN
61435-14-29-46130
UPID
US69-1117784
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
1995
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.7 ac
Current owner
From public records · entity-resolved
Witten Industries LLC
Entity
Free & Clear · 21 yrs held
Mailing address
PO BOX 269, OWASSO, OK 74055-0269
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
22 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 9, 2019
—
Witten Industries LLC
—
Deed
related
$135,913 · First Bk/owasso
Jan 23, 2018
—
Witten Industries LLC
—
Deed
related
$250,000 · First Bk/owasso
Dec 22, 2017
—
Witten Industries LLC
—
Deed
related
$20,000 · First Bk/owasso
May 2, 2017
—
Witten Indistries LLC
—
Loan Modification
related
$1,313,290 · First Bk/owasso
Jan 23, 2017
—
Witten Industries LLC
—
Deed
related
$165,000 · First Bk/owasso
Sep 15, 2016
—
Witten Industries LLC
—
Deed
related
$135,000 · First Bk/owasso
Jul 29, 2010
—
Witten Industries LLC
—
Trustees Deed
related
$25,000 · First Bank Of Owasso
Jul 22, 2009
—
Witten Industries LLC
—
Trustees Deed
related
$25,000 · First Bank Of Owasso
Dec 14, 2004
—
Witten Industries LLC
R & D Properties INC
Warranty Deed
related
—
—
—
Witten Industries LLC
—
Deed Of Trust
related
$122,470 · First Bk/owasso
—
—
Witten Industries LLC
—
Deed Of Trust
related
$385,000 · First Bank Of Owasso
—
—
Witten Industries LLC
—
Deed Of Trust
related
$320,807 · First Bank Of Owasso
—
—
Witten Industries LLC
—
Loan Modification
related
$250,000 · First Bk/owasso
—
—
Witten Industries LLC
—
Loan Modification
related
$20,000 · First Bk/owasso
—
—
Witten Industries LLC
—
Loan Modification
related
$165,000 · First Bk/owasso
—
—
Witten Industries LLC
—
Loan Modification
related
$135,000 · First Bk/owasso
—
—
Witten Industries LLC
—
Deed Of Trust
related
$80,214 · First Bk/owasso
—
—
Witten Industries LLC
—
Deed Of Trust
related
$25,000 · First Bank Of Owasso
—
—
Witten Industries LLC
—
Deed Of Trust
related
$40,000 · First Bank Of Owasso
—
—
Witten Industries LLC
—
Loan Modification
related
$40,000 · First Bk/owasso
—
—
Witten Industries LLC
—
Loan Modification
related
$120,000 · First Bk/owasso
—
—
Witten Industries LLC
—
Deed Of Trust
related
$135,913 · First Bk/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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