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Property profile & analytics
FOR SALE
Manufacturing properties
8747 E Prairie Grove Rd Guthrie, OK 73044
Individually Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US69-1039442
For Sale
1 / 4
$390,000
8747 E Prairie Grove Rd, Guthrie, OK 73044
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Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2020
Total area
10,000 SF
Lot
76.44 ac (3,329,726 SF)
APN
420011547
UPID
US69-1039442
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
$955k
Comparable Approach
Comparable
$760k
Blend (final)
Blend
$830k
Owner & transaction history
Michael Friday · 7 yrs held
Michael Friday
since 2018
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$895,000
+54.1%
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 Guthrie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Guthrie 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%
$1,035,000
6.5%
$955,000
7%
$885,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$580,000
Current use
COMMERCIAL (GENERAL)
$895,000
Change: +54% · Conversion: Difficult
Blend value · Realmo final
$830k
Range $747k – $913k · ±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
$83 / 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
$9,053
Tax year 2023
Assessed value
$108,773
Assessed 2023
Previous assessed
$52,505
+107.2% YoY
Effective rate
8.32%
On assessed value
Assessed land
$3,010
Assessed improvement
$105,763
Land market value
$27,368
Improvement market value
$961,478
Total market value
$988,846
Applied tax rate
11.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Sale
Year built
2020
Heating
YES
Cooling
YES
Stories
1
Total area
10,000 SF
Lot
76.44 ac (3,329,726 SF)
APN
420011547
UPID
US69-1039442
Jurisdiction
LOGAN
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
INDUSTRIAL (GENERAL) Current
Est. value
$580,000
COMMERCIAL (GENERAL)
Est. value
$895,000
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
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
2020
Heating
YES
Cooling
Yes
Stories
1
Lot
76.44 ac
Current owner
From public records · entity-resolved
Michael Friday
Individual
Free & Clear · 7 yrs held
Mailing address
6608 N WESTERN AVE STE #1030, OKLAHOMA CITY, OK 73116-7326
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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
May 7, 2020
—
Michael Friday
—
Deed
related
$2,008,193 · F&m Bk
Jan 10, 2020
—
Michael Friday
—
Deed Of Trust
related
$1,005,540 · F&m Bk
Oct 3, 2018
—
Michael Friday
Ashlock,chad B & Tommie A
Warranty Deed
related
—
Feb 16, 2016
$112,500
Chad D Ashlock
Kendall John P Trust
Grant Deed
related
$112,500 · John P Kendall
Dec 5, 2014
—
Cahd Ashlock
John Paul Kendall
Warranty Deed
—
Aug 18, 2014
$6,000
Chad Ashlock
Kendall,john P
Grant Deed
—
Nov 30, 2011
—
Kendall,john P Trust
Kendall,john P
Quit Claim Deed
related
—
—
—
Michael Friday
—
Loan Modification
related
$2,008,193 · F&m 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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