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Property profile & analytics
OFF-MARKET
Estimated value
$11,640,000
Retail properties & Spaces
10111 Memorial Dr Tulsa, OK 74133-7243
Entity Owned
4-yr Hold
Free & Clear
Property ID
US69-0417269
Property profile
Verified
Property type
Retail properties & Spaces
Use group
ROADSIDE MARKET
Year built
2013
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
25,028 SF
Lot
1.47 ac (64,207 SF)
Zoning code
CS
APN
58385-83-25-61540
UPID
US69-0417269
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
-
Sprouts Farmers Market Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.24M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$11.64M
Owner & transaction history
Fslro 10111 S Memorial Tulsa LLC · 4 yrs held
Fslro 10111 S Memorial Tulsa LLC
since 2022
Last sale
$11.4M
3 recorded transactions
Zoning & alternative use
CS · 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
Method
Estimation
Statistic approach
$12,055,000
ML approach
$9,240,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$11.64M
Range $10.48M – $12.80M · ±10% · vs last sale $11.43M (Feb 15 2022)
Last sale anchor
$11.43M
Feb 15 2022
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
$465 / 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
$151,849
Tax year 2023
Assessed value
$1,187,065
Assessed 2023
Previous assessed
$425,656
+178.9% YoY
Effective rate
12.79%
On assessed value
Assessed land
$91,784
Assessed improvement
$1,095,281
Land market value
$834,400
Improvement market value
$9,957,100
Total market value
$10,791,500
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
Retail properties & Spaces
Use group
ROADSIDE MARKET
Status
Off-Market
Year built
2013
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
ZONE
Cooling
YES
Stories
1
Total area
25,028 SF
Lot
1.47 ac (64,207 SF)
Zoning code
CS
APN
58385-83-25-61540
UPID
US69-0417269
Jurisdiction
TULSA
Zoning & alternative use
CS · Tulsa, OK
Zoning CS · permitted uses
CS · 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
2013
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
ZONE
Cooling
Yes
Stories
1
Lot
1.47 ac
Current owner
From public records · entity-resolved
Fslro 10111 S Memorial Tulsa LLC
Entity
Free & Clear · 4 yrs held
Mailing address
8111 DOUGLAS AVE #600, DALLAS, TX 75225
Ownership since
2022
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
Feb 15, 2022
$11,430,000
Fslro 10111 S Memorial Tulsa LLC
Cole Gs Bixby Ok LLC
Warranty Deed
—
Aug 1, 2013
$9,359,500
Cole Gs Bixby Ok LLC
Armstrong 101st Memorial LLC
Grant Deed
—
Sep 17, 2012
$1,200,000
Armstrong 101st Memorial LLC
Manley 101st & Memorial LLC
Grant Deed
—
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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