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Property profile & analytics
OFF-MARKET
Estimated value
$2,030,000
Office buildings
1 3rd St Ste 1010 Tulsa, OK 74103-3500
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US69-0593984
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1981
Construction
STEEL FRAME
Total area
324,973 SF
Lot
1.34 ac (58,501 SF)
Zoning code
CBD
APN
00500-92-01-35430
UPID
US69-0593984
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
-
Federal Public Defender Public Defender'S Office
-
US Energy Department Federal Government Office
-
Chrysalis Software (Bike/Boat/Book/etc) Store Corporate Office
-
Southwestern Power Administration Electric Utility Company
-
Lumen Energy Corporation Gas Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.03M
Owner & transaction history
Metropolitan Tulsa Invs LLC · 20 yrs held
Metropolitan Tulsa Invs LLC
since 2006
3 recorded transactions
Zoning & alternative use
CBD · Tulsa, OK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$6 / 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
$250,888
Tax year 2023
Assessed value
$1,868,812
Assessed 2023
Previous assessed
$1,868,812
+0.0% YoY
Effective rate
13.42%
On assessed value
Assessed land
$193,006
Assessed improvement
$1,675,806
Land market value
$1,754,600
Improvement market value
$15,234,600
Total market value
$16,989,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1981
Construction
STEEL FRAME
Heating
ZONE
Cooling
YES
Stories
17
Total area
324,973 SF
Lot
1.34 ac (58,501 SF)
Zoning code
CBD
APN
00500-92-01-35430
UPID
US69-0593984
Jurisdiction
TULSA
Zoning & alternative use
CBD · Tulsa, OK
Zoning CBD · permitted uses
CBD · 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.
Building & site characteristics
From public records
Year built
1981
Construction
STEEL FRAME
Heating
ZONE
Cooling
Yes
Stories
17
Lot
1.34 ac
Current owner
From public records · entity-resolved
Metropolitan Tulsa Invs LLC
Entity
Mailing address
2 W 2ND ST STE #22, TULSA, OK 74103-3122
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 12, 2006
$42,500,000
Metropolitan Tulsa Invs LLC
Trizec Trs Realty 2 INC
Trustees Deed
$33,500,000 · Cibc
Dec 29, 2004
—
Trizec Trs Realty 2 INC
Trizec Realty INC
Quit Claim Deed
related
—
Aug 2, 2004
$37,000,000
Trizec Realty INC
Trizechahn Regional Pooling Ll
Grant 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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