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Property profile & analytics
OFF-MARKET
Warehouses
Sand Springs, OK 74063
Individually Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US69-1024486
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2019
Construction
STEEL FRAME
Total area
6,250 SF
Lot
4.11 ac (179,032 SF)
Zoning code
IL
APN
54825-91-35-03280
UPID
US69-1024486
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
James D Dye · 9 yrs held
James D Dye
since 2017
6 recorded transactions
Zoning & alternative use
IL · Sand Springs, OK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
B. Purposes of the IL Industrial Light District The IL District is designed to provide an environment conducive to the development of industrial facilities and to provide areas suitable for manufacturing, and other industrial activities which have slight or no objectionable environmental influences. C. Purposes of the IM Industrial Moderate District The IM D…
Zone name
Industrial Light District
General category
INDUSTRIAL
Zone area
762.53 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
$2,783
Tax year 2023
Assessed value
$24,353
Assessed 2023
Previous assessed
$23,193
+5.0% YoY
Effective rate
11.43%
On assessed value
Assessed land
$2,019
Assessed improvement
$22,334
Land market value
$44,800
Improvement market value
$495,700
Total market value
$540,500
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2019
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Stories
1
Total area
6,250 SF
Lot
4.11 ac (179,032 SF)
Zoning code
IL
APN
54825-91-35-03280
UPID
US69-1024486
Jurisdiction
TULSA
Zoning & alternative use
IL · Sand Springs, OKZoning IL · permitted uses
IL · Sand Springs, OK
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
B. Purposes of the IL Industrial Light District The IL District is designed to provide an environment conducive to the development of industrial facilities and to provide areas suitable for manufacturing, and other industrial activities which have slight or no objectionable environmental influences. C. Purposes of the IM Industrial Moderate District The IM District is designed to group together a wide range of industrial uses, which may produce moderately objectionable environmental influences in their operation and appearance. 9-2 Zoning Code of the City of Sand Springs 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 Light District
General category
INDUSTRIAL
Zone area
762.53 ac
Source
SSZCCOVER 4-17-07
Building & site characteristics
From public records
Year built
2019
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Lot
4.11 ac
Current owner
From public records · entity-resolved
James D Dye
Individual
Mailing address
9120 W 51ST ST, TULSA, OK 74107-8538
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 7, 2020
—
James D Dye
—
Deed
related
$175,000 · Bancfirst
May 23, 2017
$350,000
James D Dye
Madewell,steven & Deborah
Grant Deed
$225,000 · Steven & Randall Madewell
Mar 29, 2017
—
Steven Madewell
Madewell John L Trust
Quit Claim Deed
related
—
Apr 6, 2004
—
Madewell,tr
Madewell,john L
Quit Claim Deed
related
—
—
—
James D Dye
—
Deed Of Trust
related
$225,000 · Bancfirst
—
—
James D Dye
—
Deed Of Trust
related
$175,000 · Bancfirst
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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