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Property profile & analytics
OFF-MARKET
Commercial land
Broad W St Sand Springs, OK 74063
Individually Owned
9-yr Hold
Absentee Owner
Free & Clear
Property ID
US69-1069144
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
3.62 ac (157,687 SF)
Zoning code
IH
APN
99110-91-10-40530
UPID
US69-1069144
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
Marion D Grigsby · 9 yrs held
Marion D Grigsby
since 2017
1 recorded transaction
Zoning & alternative use
IH · Sand Springs, OK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
D. Purposes of the IH Industrial Heavy District The IH District is designed to provide areas for manufacturing and other industrial activities which may constitute substantial environmental influences or hazards. 9-3 Zoning Code of the City of Sand Springs
Zone name
Industrial Heavy District
General category
INDUSTRIAL
Zone area
183.55 ac
Source
SSZCCOVER 4-17-07
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 Sand Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sand Springs 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
$396
Tax year 2023
Assessed value
$3,465
Assessed 2023
Previous assessed
$3,465
+0.0% YoY
Effective rate
11.43%
On assessed value
Assessed land
$3,465
Land market value
$31,500
Total market value
$31,500
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
YES
Lot
3.62 ac (157,687 SF)
Zoning code
IH
APN
99110-91-10-40530
UPID
US69-1069144
Jurisdiction
TULSA
Zoning & alternative use
IH · Sand Springs, OKZoning IH · permitted uses
IH · Sand Springs, OK
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
D. Purposes of the IH Industrial Heavy District The IH District is designed to provide areas for manufacturing and other industrial activities which may constitute substantial environmental influences or hazards. 9-3 Zoning Code of the City of Sand Springs
Zone name
Industrial Heavy District
General category
INDUSTRIAL
Zone area
183.55 ac
Source
SSZCCOVER 4-17-07
Building & site characteristics
From public records
Heating
YES
Lot
3.62 ac
Current owner
From public records · entity-resolved
Marion D Grigsby
Individual
Free & Clear · 9 yrs held
Mailing address
1117 INDUSTRIAL PL, SAND SPRINGS, OK 74063-6327
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 4, 2017
—
Marion D Grigsby
Grigsby Neelie L Trust
Quit Claim Deed
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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