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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1080 141st St Glenpool, OK 74033

    • Grocery and convenience stores
    • 5,650 SF
    • 0.96 lot acres
    OFF-MARKET
    Last Sale
    May 25, 2022
    $600,000
    Value Estimations
    $660,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US69-0751400
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Grocery and convenience stores

    Property Details for 1080 141st St

    Year built
    1995
    Construction
    WOOD FRAME
    Lot size
    0.96 lot acres
    Property size
    5,650 SF
    Zone code
    CG
    Property type
    Grocery and convenience stores
    APN
    57360-72-13-56830
    APU
    57360721356830

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $580,000
      ML approach
      $555,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $889,000
      Market price range: $688k - $3.68M
      AI Estimate
      $383,000
      Market price range: $384k - $649k

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $405,000
      Current use
      COMMERCIAL (GENERAL)
      $865,000
      Change: +114% Conversion: Easy
      OFFICE BUILDING
      $655,000
      Change: +62% Conversion: Moderate
      RETAIL STORES
      $615,000
      Change: +52% Conversion: Easy
      INDUSTRIAL (GENERAL)
      $370,000
      Change: -8% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Glenpool
    County
    Tulsa
    State
    Oklahoma
    Longitude
    -95.9933
    Latitude
    35.9588
    CBSA code
    46140
    CBSA name
    TULSA, OK METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $7,710
    $9,251
    $56,749
    $66,000
    -
    $84,100
    $515,900
    $600,000

    Comparable in this City

    • Value Estimation
      $300,000
      4,514 SF

      12100 Waco Ave

      CONVENIENCE STORE • 4,514 SF
      12100 Waco Ave, Glenpool, OK 74033-5660
      View Details
    • Value Estimation
      $280,000
      2,368 SF

      670 141st St

      CONVENIENCE STORE • 2,368 SF
      670 141st St, Glenpool, OK 74033-3577
      View Details
    • Value Estimation
      $275,000
      4,240 SF

      13601 Casper St

      CONVENIENCE STORE • 4,240 SF
      13601 Casper St, Glenpool, OK 74033-2604
      View Details
    • Value Estimation
      $250,000
      2,160 SF

      400 141st St

      CONVENIENCE STORE • 2,160 SF
      400 141st St, Glenpool, OK 74033-3401
      View Details
    • Value Estimation
      $320,000
      4,748 SF

      15085 Broadway St

      CONVENIENCE STORE • 4,748 SF
      15085 Broadway St, Glenpool, OK 74033-5263
      View Details
    • Value Estimation
      $365,000
      4,514 SF

      91 141st St

      CONVENIENCE STORE • 4,514 SF
      91 141st St, Glenpool, OK 74033-3572
      View Details

    Similar Nearby for Sale

    • $1,200,000
      6,750 SF

      Glenpool Automotive/Retail Property For Sale

      6,750 SF automotive/retail property in Glenpool, OK for sale.
      13802 S Union Pl, Glenpool, OK 74033
      View Details
    • $760,122

      Glenpool Commercial Development Land

      Commercial development land in Glenpool, Oklahoma, south of Tulsa.
      161st 171St St, Glenpool, OK 74033
      View Details
    • $1,700,000
      Pending

      Glenpool Development Opportunity: 60 Acres

      60 acres in Glenpool, OK, ideal for residential or mixed-use development.
      13708 S Elwood Ave, Glenpool, OK 74033
      View Details
    • Contact for pricing

      Glenpool Commercial Land For Sale

      19.2 acres of land in Glenpool Commerce Collective.
      W 171St St, Glenpool, OK 74033
      View Details
    • $560,000
      Pending

      Glenpool Land Development Opportunity

      20 acres of land ideal for residential or mixed-use development.
      13708 S Elwood Ave, Glenpool, OK 74033
      View Details
    • $695,000
      5,000 SF

      Glenpool Flex Space For Sale

      5,000 SF flex space on 0.4 acres in Glenpool.
      821 E 141St St, Glenpool, OK 74033
      View Details

    Similar Nearby for Lease

    • $35 SF/Yr
      10,754 SF

      Glenpool Retail Center Investment

      High-traffic retail space in growing Glenpool, OK
      0 Cor 151 & Hwy 75, Glenpool, OK 74033
      View Details
    • $35 SF/Yr
      8,450 SF

      Retail Space in Glenpool Corridor

      Retail space available in Glenpool's newest mixed-use corridor.
      151St St, Glenpool, OK 74033
      View Details
    • $35 SF/Yr
      7,000 SF

      Retail Space in Glenpool Corridor

      Retail space for lease in high-visibility Glenpool mixed-use corridor.
      151St St, Glenpool, OK 74033
      View Details
    • $35 SF/Yr
      7,000 SF

      Retail Space in Glenpool Corridor

      Retail space for lease in high-visibility Glenpool mixed-use corridor.
      151St St, Glenpool, OK 74033
      View Details
    • $13 SF/Yr
      3,400 SF

      Glenpool Office Space Available

      3,400 square feet of office space for lease.
      14226 S Elm St, Glenpool, OK 74033
      View Details
    • $10 SF/Yr
      132,422 SF

      Glenpool Commercial Land Development

      Prime Glenpool land, Hwy 75 visibility.
      151st 0.75-6 Acres, Glenpool, OK 74033
      View Details
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    Glenpool, OK 74033
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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