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Property profile & analytics
FOR SALE
Turn key restaurants
11012 East 81St St, Tulsa, OK 74133
Entity Owned
5-yr Hold
Free & Clear
Property ID
US69-1458365
For Sale
1 / 66
$2,650,000
11012 East 81St St, Tulsa, OK 74133
View Listing →
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2020
Total area
2,880 SF
Lot
0.91 ac (39,770 SF)
Zoning code
CO
APN
77564-84-18-16640
UPID
US69-1458365
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
-
Slim Chickens Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.01M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.86M
Blend (final)
Blend
$2.33M
Owner & transaction history
Whispering Pines Oregon LLC · 5 yrs held
Whispering Pines Oregon LLC
since 2021
Last sale
$2.8M
5 recorded transactions
Zoning & alternative use
CO · 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
$2,185,000
ML approach
$2,010,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.33M
Range $2.09M – $2.56M · ±10% · vs last sale $2.79M (Jun 16 2021)
Last sale anchor
$2.79M
Jun 16 2021
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
$807 / 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
$25,749
Tax year 2023
Assessed value
$190,608
Assessed 2023
Previous assessed
$190,608
+0.0% YoY
Effective rate
13.51%
On assessed value
Assessed land
$74,800
Assessed improvement
$115,808
Land market value
$680,000
Improvement market value
$1,052,800
Total market value
$1,732,800
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
Turn key restaurants
Use group
RESTAURANT
Status
For Sale
Year built
2020
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
2,880 SF
Lot
0.91 ac (39,770 SF)
Zoning code
CO
APN
77564-84-18-16640
UPID
US69-1458365
Jurisdiction
TULSA
Zoning & alternative use
CO · Tulsa, OK
Zoning CO · permitted uses
CO · 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
2020
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.91 ac
Current owner
From public records · entity-resolved
Whispering Pines Oregon LLC
Entity
Free & Clear · 5 yrs held
Mailing address
940 S COAST DR STE #115, COSTA MESA, CA 92626-7808
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 16, 2021
$2,790,000
Whispering Pines Oregon LLC
Sc81 Garnett LLC
Special Warranty Deed
—
Jan 7, 2020
$680,000
Sc81 Garnett LLC
Memorial Drive LLC
Warranty Deed
$1,796,162 · Vast Bank NA
Mar 3, 2009
—
Osaka Kdb INC
—
Trustees Deed
related
$2,785,500 · Security Bank
Nov 26, 2008
$1,050,000
Osaka Kdb INC
Memorial Drive LLC
Warranty Deed
$840,000 · Security Bank
Nov 26, 2008
—
Memorial Drive LLC
Memorial Drive LLC
Quit Claim 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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