Coates Commercial Properties, LLC
- Ben CoatesLeasing & Sales Associate · Company website
How we got $348K
Based on 1 employees reported for PPP in 2020, grown 8% a year since.
Estimated value over time
▲ 103% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
What we know
Signs of a sale Some signs of a sale
- In business 21 years (since 2005)
- Founder still runs it after 21 years
- Family in the business (Ben Coates, Leasing & Sales Associate)
From public records and the company's website, not a statement that it's for sale.
What they do
Coates Commercial Properties, LLC is a commercial real estate brokerage in Tulsa that provides tenant and landlord representation for office, industrial/warehouse, retail and land properties.
From the company's website. Industry: Offices of Real Estate Agents and Brokers.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- BACCO TREE SERVICE INC · Owasso, 12 mi · $40.8M
- KEY MAINTENANCE INC · Chouteau, 33 mi · $31.3M
- HARDIN STAFFING LLC · Collinsville, 19 mi · $26.4M
- PRO-MOW LAWN AND LANDSCAPE, LLC · Tulsa, 5 mi · $18.2M
- SOUTHWOOD LANDSCAPE & NURSERY CO., INC. · Tulsa, 5 mi · $11.9M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| COATES COMMERCIAL PROPERTIES, LLC this business | $544K | — |
| TULSA PROMENADE REALTY MANAGEMENT LLC Tulsa · 17 employees | $9.3M | 0.3 mi |
| Dynamic Realtors Tulsa | $966K | 0.3 mi |
| Nai Petrous, Llc Tulsa | $966K | 0.3 mi |
| Nai Rupe Helmer, Llc Tulsa | $966K | 0.3 mi |
| Robert Gregory Co Tulsa | $966K | 0.3 mi |
| sgf Commercial Real Estate Services Tulsa | $966K | 0.4 mi |
Ranges & sources
| Revenue range | $408K – $708K |
| EBITDA range | $130K – $226K |
| Industry (NAICS) | Offices of Real Estate Agents and Brokers (531210) |
| Value range | $209K – $542K |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
History & advisors
“Coates Commercial Properties, LLC was founded in 2005 by Patrick Coates, CCIM, its managing broker.”
Advisors
- BankingMapleMark BankPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| MapleMark Bank PPP 2020, PPP 2021 | All 20 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/30/2020 | first | $21K | 1 |
| 3/5/2021 | second | $21K | 1 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Coates Commercial Properties, LLC
Coates Commercial Properties, LLC is an offices of real estate agents and brokers company in Tulsa, Oklahoma, in business since 2005. It is owned by Patrick Coates (Founder). Its estimated annual revenue is about $544K, with roughly $174K of EBITDA. It has about 1 employees. Its estimated business value is $348K (likely range $209K–$542K).
Common questions
- Who owns Coates Commercial Properties, LLC?
- Coates Commercial Properties, LLC is owned by Patrick Coates (Founder), according to public sources such as the company's website or filings.
- How much revenue does Coates Commercial Properties, LLC make?
- SeeBITDA estimates Coates Commercial Properties, LLC's annual revenue at about $544K (likely between $408K and $708K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Coates Commercial Properties, LLC worth?
- About $348K, roughly 2× its estimated EBITDA of $174K, typical for a offices of real estate agents and brokers company its size. Likely range: $209K–$542K.
- How many employees does Coates Commercial Properties, LLC have?
- About 1, as reported on its PPP loan.
- When was Coates Commercial Properties, LLC founded?
- Coates Commercial Properties, LLC has been in business since 2005.