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Property profile & analytics
OFF-MARKET
Estimated value
$3,485,000
Strip malls
1150 Garnett Rd, Tulsa, OK 74128-1822
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US69-2359429
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1972
Construction
STEEL FRAME
Total area
80,000 SF
Lot
7.41 ac (322,823 SF)
Zoning code
CS
APN
99407-94-07-07560
UPID
US69-2359429
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
-
Walgreens Photo (Bike/Boat/Book/etc) Store
-
COVID-19 Drive-thru Testing at Walgreens Pharmacy
-
FedEx OnSite Postal Service Courier Service
-
Walgreens Grocery & Convenience Store
-
Walgreens Pharmacy Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.83M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.78M
Blend (final)
Blend
$3.49M
Owner & transaction history
Star One LLC · 4 yrs held
Star One LLC
since 2021
Last sale
$3.9M
7 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
$3,045,000
ML approach
$2,830,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$5,770,000
Current use
INDUSTRIAL (GENERAL)
$5,150,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$3.49M
Range $3.14M – $3.83M · ±10% · vs last sale $3.89M (Jul 29 2021)
Last sale anchor
$3.89M
Jul 29 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
$44 / 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
$57,438
Tax year 2023
Assessed value
$427,845
Assessed 2023
Previous assessed
$427,845
+0.0% YoY
Effective rate
13.42%
On assessed value
Assessed land
$142,054
Assessed improvement
$285,791
Land market value
$1,291,400
Improvement market value
$2,598,100
Total market value
$3,889,500
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1972
Construction
STEEL FRAME
Heating
ZONE
Cooling
YES
Stories
1
Total area
80,000 SF
Lot
7.41 ac (322,823 SF)
Zoning code
CS
APN
99407-94-07-07560
UPID
US69-2359429
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.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$5.8M
INDUSTRIAL (GENERAL)
Est. value
$5.2M
NEIGHBORHOOD: SHOPPING CENTER Current
INDUSTRIAL (GENERAL)
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
1972
Construction
STEEL FRAME
Heating
ZONE
Cooling
Yes
Stories
1
Lot
7.41 ac
Current owner
From public records · entity-resolved
Star One LLC
Entity
Mailing address
4200 N BUSH BLVD, OKLAHOMA CITY, OK 73112-2523
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 29, 2021
$3,889,500
Star One LLC
Super A Corporation INC
Warranty Deed
—
Jul 16, 2014
$3,400,000
Super A Corp INC
Nbc Ok
Grant Deed
$2,749,457 · First Bk/owasso
Jun 9, 2014
$2,900,000
Ok Nbc
Sheriff Of Tulsa County
Trustees Deed
—
Dec 5, 2006
$3,600,000
Swadener Investment Props LLC
Bagwell,ray L & Eva S
Warranty Deed
$2,902,952 · Nbanc
Nov 6, 2006
—
Ray L Bagwell
—
Trustees Deed
related
$200,867 · Arkansas Valley State Bank
Oct 30, 2002
$2,500,000
Ray L Bagwell
Ramsey,tr
Grant Deed
$2,050,000 · Ramsey Trust
—
—
Super A Corp INC
—
Deed Of Trust
related
$2,300,000 · Bancfirst
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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