Neo Metro Properties Corp.
How we got $931K
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 39% 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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| NEO METRO PROPERTIES CORP. this business | $1.3M | — |
| OWASSO SELF STORAGE Owasso · 1 employees | $658K | 0.2 mi |
| Attic Storage of Owasso Owasso | $1.7M | 0.5 mi |
| 76 Storage Center Owasso | $1.7M | 0.5 mi |
| Doc's Hideaway Mini Storage Owasso | $1.7M | 1.2 mi |
| Safelock Storage Owasso | $1.7M | 1.3 mi |
| Elm Creek Mini Storage Owasso | $1.7M | 1.5 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $986K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.4M |
| Estimate: the two combined (geometric mean) | $1.3M |
| EBITDA margin (industry, adjusted for size) | 29% |
| EBITDA = revenue × margin | $388K |
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $931K |
| Multiple for this size and industry | 2.4× |
| Value range | $490K – $1.3M |
| Revenue range | $883K – $1.5M |
| EBITDA range | $255K – $442K |
| Industry (NAICS) | Lessors of Residential Buildings and Dwellings (531110) |
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
People & advisors
Advisors
- BankingFirst Bank of OwassoPPP / 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 Roles are as stated there and may be out of date.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
| First Bank of Owasso PPP 2020 | All 426 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/13/2020 | first | $18K | 2 |
About Neo Metro Properties Corp.
Neo Metro Properties Corp. is a lessors of residential buildings and dwellings company in Owasso, Oklahoma. Its estimated annual revenue is about $1.3M, with roughly $388K of EBITDA. It has about 2 employees. Its estimated business value is $931K (likely range $490K–$1.3M).
Common questions
- Who owns Neo Metro Properties Corp.?
- The owner of Neo Metro Properties Corp. isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
- How much revenue does Neo Metro Properties Corp. make?
- SeeBITDA estimates Neo Metro Properties Corp.'s annual revenue at about $1.3M (likely between $883K and $1.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Neo Metro Properties Corp. worth?
- About $931K, roughly 2.4× its estimated EBITDA of $388K, typical for a lessors of residential buildings and dwellings company its size. Likely range: $490K–$1.3M.
- How many employees does Neo Metro Properties Corp. have?
- About 2, as reported on its PPP loan.