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Property profile & analytics
OFF-MARKET
Medical Office Space
8439 117th E Ave Owasso, OK 74055-2142
Entity Owned
23-yr Hold
~
Est. High Equity
Property ID
US69-0037613
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1980
Construction
WOOD FRAME
Total area
3,238 SF
Lot
0.73 ac (31,625 SF)
Zoning code
OM
APN
61415-14-29-51460
UPID
US69-0037613
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
Newberry Enterprises LLC · 23 yrs held
Newberry Enterprises LLC
since 2003
4 recorded transactions
Zoning & alternative use
OM · Owasso, OK
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
$5,783
Tax year 2023
Assessed value
$52,921
Assessed 2023
Previous assessed
$52,921
+0.0% YoY
Effective rate
10.93%
On assessed value
Assessed land
$16,269
Assessed improvement
$36,652
Land market value
$147,900
Improvement market value
$333,200
Total market value
$481,100
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1980
Construction
WOOD FRAME
Heating
ZONE
Cooling
YES
Stories
1
Total area
3,238 SF
Lot
0.73 ac (31,625 SF)
Zoning code
OM
APN
61415-14-29-51460
UPID
US69-0037613
Jurisdiction
TULSA
Zoning & alternative use
OM · Owasso, OKZoning OM · permitted uses
OM · Owasso, OK
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Owasso Zoning Code PDF
Building & site characteristics
From public records
Year built
1980
Construction
WOOD FRAME
Heating
ZONE
Cooling
Yes
Stories
1
Lot
0.73 ac
Current owner
From public records · entity-resolved
Newberry Enterprises LLC
Entity
Mailing address
8439 N 117TH E AVE, OWASSO, OK 74055-2142
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2003
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 1, 2018
—
Newbury Ents LLC
—
Deed
related
$325,580 · American Bk/ok
Jun 12, 2003
$364,000
Newberry Enterprises LLC
Whitehead,james R & Patricia
Grant Deed
$295,737 · American Bank Of Oklahoma
—
—
Newbury Ents LLC
—
Deed Of Trust
related
$325,580 · American Bk/ok
—
—
Newbury Ents LLC
—
Deed Of Trust
related
$254,051 · American Bank Of Oklahoma
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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