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Property profile & analytics
OFF-MARKET
Estimated value
$2,080,000
Commercial land
12251 Memorial Dr Bixby, OK 74008
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US69-2177336
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
2.31 ac (100,406 SF)
Zoning code
CS
APN
57637-73-01-19980
UPID
US69-2177336
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.08M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.08M
Owner & transaction history
Mbh Holdings LLC · 1 yrs held
Mbh Holdings LLC
since 2024
Last sale
$2.1M
7 recorded transactions
Zoning & alternative use
CS · Bixby, 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 Bixby submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bixby 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
$2,080,000
ML approach
$2,080,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.08M
Range $1.87M – $2.29M · ±10% · vs last sale $2.08M (Sep 25 2024)
Last sale anchor
$2.08M
Sep 25 2024
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
—
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
$7,256
Tax year 2023
Assessed value
$56,243
Assessed 2023
Previous assessed
$56,243
+0.0% YoY
Effective rate
12.90%
On assessed value
Assessed land
$56,243
Land market value
$1,003,900
Total market value
$1,003,900
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
2.31 ac (100,406 SF)
Zoning code
CS
APN
57637-73-01-19980
UPID
US69-2177336
Jurisdiction
TULSA
Zoning & alternative use
CS · Bixby, OK
Zoning CS · permitted uses
CS · Bixby, OK
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bixby. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
2.31 ac
Current owner
From public records · entity-resolved
Mbh Holdings LLC
Entity
Mailing address
11927 S 14TH CT STE #200, JENKS, OK 74037-5086
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 25, 2024
$2,079,500
Mbh Holdings LLC
Hunter Construction Management INC
Warranty Deed
$1,598,000 · Fifth Third Bank NA
Jun 12, 2023
$610,000
Hunter Construction Management INC
Bixby Land Resources Group LLC
Warranty Deed
$1,800,000 · Mabrey Bank
Oct 9, 2018
—
Residences At Boardwalk LP
—
Loan Modification
related
$2,480,000 · Spiritbank
Jun 6, 2017
—
Bixby Land Resources Group LLC
—
Deed Of Trust
related
$1,500,000 · Regent Bk
Mar 31, 2016
—
Residences At Boardwalk LP
Residences At Boardwalk LP
Quit Claim Deed
related
—
Dec 31, 2015
—
Chateau Villas LP
—
Deed Of Trust
related
$250,000 · Arvest Mtg
Dec 30, 2014
—
Kelly Family Trust
Shimp T J & Lois Trust B
Quit Claim Deed
related
$1,200,000 · Arvest Mtg
Dec 30, 2014
$2,141,300
Black Gold Properties LLC
Sheriff Of Tulsa County|small Linda V Trust
Foreclosure
—
Jul 8, 2009
—
Kelly Family Trust
Shimp T J & Lois Trust
Quit Claim Deed
related
—
—
—
Bixby Land Resource Group LLC
—
Loan Modification
related
$3,000,000 · Regent Bk
—
—
Residences At Boardwalk LP
—
Loan Modification
related
—
—
—
Bixby Land Resources Group LLC
—
Loan Modification
related
$3,000,000 · Regent Bk
—
—
Bixby Land Resources Group LLC
—
Loan Modification
related
$3,000,000 · Regent Bk
—
—
Residences At Boardwalk LP
—
Loan Modification
related
$3,230,000 · Spiritbank
—
—
Bixby Land Resources Group LLC
—
Loan Modification
related
$3,000,000 · Regent Bk
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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