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Property profile & analytics
FOR LEASE
Commercial real estate
11351 E 36Th St N Tulsa, OK 74116
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US69-0545249
For Lease
1 / 4
$6,985,000
11351 E 36Th St N, Tulsa, OK 74116
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
54,134 SF
Lot
21.48 ac (935,582 SF)
Zoning code
IH
APN
90417-04-17-07410
UPID
US69-0545249
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
Current use
Occupant on record · Public records
-
Southwest Stone Inc Building Supply
-
Mc Hugh Law Firm: Mc Hugh Michael L Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$7.87M
Comparable Approach
Comparable
$5.94M
Blend (final)
Blend
$6.99M
Owner & transaction history
Southwest Stone INC · 14 yrs held
Southwest Stone INC
since 2012
7 recorded transactions
Zoning & alternative use
IH · Tulsa, OK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$9.3M
+26.4%
Auto repair, garage
$7.4M
+0.9%
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 Tulsa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tulsa 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%
$8,525,000
6.5%
$7,870,000
7%
$7,310,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$7,355,000
Current use
MEDICAL BUILDING
$9,295,000
Change: +26% · Conversion: Easy
AUTO REPAIR, GARAGE
$7,420,000
Change: +1% · Conversion: Difficult
OFFICE BUILDING
$6,410,000
Change: -13% · Conversion: Easy
RETAIL STORES
$5,890,000
Change: -20% · Conversion: Easy
Blend value · Realmo final
$6.99M
Range $6.29M – $7.68M · ±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
$129 / 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
$30,114
Tax year 2023
Assessed value
$224,310
Assessed 2023
Previous assessed
$213,629
+5.0% YoY
Effective rate
13.43%
On assessed value
Assessed land
$9,428
Assessed improvement
$214,882
Land market value
$93,500
Improvement market value
$2,131,100
Total market value
$2,224,600
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 real estate
Use group
COMMERCIAL (GENERAL)
Status
For Lease
Year built
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
ZONE
Cooling
YES
Buildings
2
Stories
2
Total area
54,134 SF
Lot
21.48 ac (935,582 SF)
Zoning code
IH
APN
90417-04-17-07410
UPID
US69-0545249
Jurisdiction
TULSA
Zoning & alternative use
IH · Tulsa, OK
Zoning IH · permitted uses
IH · Tulsa, OK
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tulsa. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$7.4M
MEDICAL BUILDING
Est. value
$9.3M
AUTO REPAIR, GARAGE
Est. value
$7.4M
OFFICE BUILDING
Est. value
$6.4M
RETAIL STORES
Est. value
$5.9M
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
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
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
ZONE
Cooling
Yes
Stories
2
Buildings
2
Lot
21.48 ac
Current owner
From public records · entity-resolved
Southwest Stone INC
Entity
Mailing address
11351 E 36TH ST N, TULSA, OK 74116-1301
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 28, 2022
—
Southwest Stone INC
—
Deed
related
$2,148,000 · Westreet FCU
Mar 23, 2012
—
Southwest Stone INC
Cox,eddie C JR
Warranty Deed
related
$2,650,000 · Ameristate Bank
Mar 16, 2009
—
Southwest Stone INC
—
Trustees Deed
related
$350,000 · Arvest Bank
Feb 6, 2009
—
Eddie C Cox JR.
Southwest Stone INC
Warranty Deed
$350,000 · Arvest Bank
Jan 15, 2009
—
Southwest Stone INC
Cox,eddie C JR
Warranty Deed
related
—
Jul 21, 2005
—
Eddie C Cox JR.
—
Trustees Deed
related
$640,000 · Arvest Bank
—
—
Southwest Stone INC
—
Deed Of Trust
related
$1,385,163 · Arvest Bank
—
—
Eddie C Cox
—
Deed Of Trust
related
$170,000 · Arvest Bank
—
—
Southwest Stone INC
—
Deed Of Trust
related
$99,658 · Arvest Bank
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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