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Property profile & analytics
OFF-MARKET
Estimated value
$5,705,000
Retail properties & Spaces
11815 86th N St Owasso, OK 74055-2536
Individually Owned
6-yr Hold
Free & Clear
Property ID
US69-0687633
Property profile
Verified
Property type
Retail properties & Spaces
Use group
ROADSIDE MARKET
Year built
1995
Construction
STEEL FRAME
Total area
72,538 SF
Lot
5.81 ac (253,084 SF)
Zoning code
CS
APN
61054-14-20-56685
UPID
US69-0687633
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
-
Reasor's Pharmacy Pharmacy
-
Alicia R. Easlon, Pharm Pharmacy
-
InnerSage Menopause Medical Center Medical Group
-
Primo Water Refill Big Box & Wholesale Store
-
Coinstar Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.54M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.71M
Owner & transaction history
Pearlman Geller Fam Foun · 6 yrs held
Pearlman Geller Fam Foun
since 2020
Last sale
$6.1M
3 recorded transactions
Zoning & alternative use
CS · Owasso, OK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$7.9M
+667.4%
Restaurant
$6.2M
+501.8%
Office building
$5.1M
+398.7%
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 Owasso submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Owasso 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
$5,085,000
ML approach
$5,540,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$7,910,000
Change: +667% · Conversion: Difficult
RESTAURANT
$6,205,000
Change: +502% · Conversion: Difficult
OFFICE BUILDING
$5,140,000
Change: +399% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,485,000
Change: +335% · Conversion: Difficult
MEDICAL BUILDING
$4,345,000
Change: +321% · Conversion: Difficult
WAREHOUSE, STORAGE
$4,270,000
Change: +314% · Conversion: Difficult
RETAIL STORES
$3,630,000
Change: +252% · Conversion: Difficult
Blend value · Realmo final
$5.71M
Range $5.13M – $6.28M · ±10% · vs last sale $6.10M (Jul 14 2020)
Last sale anchor
$6.10M
Jul 14 2020
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
$79 / 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
$73,320
Tax year 2023
Assessed value
$671,000
Assessed 2023
Previous assessed
$671,000
+0.0% YoY
Effective rate
10.93%
On assessed value
Assessed land
$83,523
Assessed improvement
$587,477
Land market value
$759,300
Improvement market value
$5,340,700
Total market value
$6,100,000
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
1995
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
AC.PACKAGE
Stories
1
Total area
72,538 SF
Lot
5.81 ac (253,084 SF)
Zoning code
CS
APN
61054-14-20-56685
UPID
US69-0687633
Jurisdiction
TULSA
Zoning & alternative use
CS · Owasso, OK
Zoning CS · permitted uses
CS · Owasso, OK
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Owasso. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$7.9M
RESTAURANT
Est. value
$6.2M
OFFICE BUILDING
Est. value
$5.1M
AUTO REPAIR, GARAGE
Est. value
$4.5M
MEDICAL BUILDING
Est. value
$4.3M
WAREHOUSE, STORAGE
Est. value
$4.3M
RETAIL STORES
Est. value
$3.6M
COMMERCIAL (GENERAL)
RESTAURANT
OFFICE BUILDING
AUTO REPAIR, GARAGE
MEDICAL BUILDING
WAREHOUSE, STORAGE
RETAIL STORES
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
1995
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
5.81 ac
Current owner
From public records · entity-resolved
Pearlman Geller Fam Foun
Individual
Free & Clear · 6 yrs held
Mailing address
828 WOODACRES RD, SANTA MONICA, CA 90402-2108
Ownership since
2020
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
Jul 14, 2020
$6,100,000
Pearlman Geller Fam Foun
3gen Properties LLC
Warranty Deed
—
Mar 26, 2020
—
3gen Properties LLC
Pearlman J H & F 2 Trust No
Warranty Deed
—
Jun 2, 2004
—
Pearlman,tr
Pearlman,tr
Quit Claim 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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