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Property profile & analytics
OFF-MARKET
Estimated value
$1,460,000
Medical Office Space
12620 Memorial Dr Bixby, OK 74008-2676
Entity Owned
7-yr Hold
Free & Clear
Property ID
US69-1359216
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2019
Construction
STEEL FRAME
Total area
10,017 SF
Lot
1.17 ac (51,052 SF)
Zoning code
CG
APN
57959-73-02-08250
UPID
US69-1359216
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
-
Utica Park Clinic - Bixby Medical Clinic
-
Richard Gordon MD Pediatrician Medical Clinic
-
Alison Sajan, M.D. Pediatrician Medical Clinic
-
Estacia Cooper, APRN-CNP Physician
-
Christin Baker-Hankton, D.O. Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.79M
Comparable Approach
Comparable
$982k
Blend (final)
Blend
$1.46M
Owner & transaction history
South Tulsa Storage LLC · 7 yrs held
South Tulsa Storage LLC
since 2019
7 recorded transactions
Zoning & alternative use
CG · Bixby, OK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
It is intended to accommodate existing development of mixed commercial uses which are well established, while providing a degree of protection to adjacent residential areas, and to accommodate the grouping of certain commercial and light industrial uses which are compatible with one another.
Zone name
Commercial General
General category
INDUSTRIAL
Zone area
469.89 ac
Source
Realmo
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,940,000
6.5%
$1,790,000
7%
$1,665,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,850,000
Current use
AUTO REPAIR, GARAGE
$1,755,000
Change: -5% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,535,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$1.46M
Range $1.31M – $1.61M · ±10%
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
$146 / 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
$53,373
Tax year 2023
Assessed value
$413,710
Assessed 2023
Previous assessed
$413,710
+0.0% YoY
Effective rate
12.90%
On assessed value
Assessed land
$79,750
Assessed improvement
$333,960
Land market value
$725,000
Improvement market value
$3,036,000
Total market value
$3,761,000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2019
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
10,017 SF
Lot
1.17 ac (51,052 SF)
Zoning code
CG
APN
57959-73-02-08250
UPID
US69-1359216
Jurisdiction
TULSA
Zoning & alternative use
CG · Bixby, OKZoning CG · permitted uses
CG · Bixby, OK
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
It is intended to accommodate existing development of mixed commercial uses which are well established, while providing a degree of protection to adjacent residential areas, and to accommodate the grouping of certain commercial and light industrial uses which are compatible with one another.
Zone name
Commercial General
General category
INDUSTRIAL
Zone area
469.89 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.9M
AUTO REPAIR, GARAGE
Est. value
$1.8M
COMMERCIAL (GENERAL)
Est. value
$1.5M
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
COMMERCIAL (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
2019
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.17 ac
Current owner
From public records · entity-resolved
South Tulsa Storage LLC
Entity
Free & Clear · 7 yrs held
Mailing address
7170 S BRADEN AVE STE #200, TULSA, OK 74136-6316
Ownership since
2019
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
Mar 8, 2019
—
South Tulsa Storage LLC
Upcb LLC
Correction Deed
related
—
Jan 15, 2019
$3,761,500
South Tulsa Sturage LLC
Upcb LLC
Grant Deed
—
Aug 3, 2018
$700,000
Upcgc LLC
Garrett Creek Dev LLC
Grant Deed
$2,824,106 · Firstar Bk
Feb 1, 2018
—
Encore II LLC
Encore II LLC
Quit Claim Deed
related
—
Feb 1, 2018
$725,000
Upcb LLC
Encore II LLC
Warranty Deed
$2,713,483 · Firstar Bank NA
Jul 20, 2016
—
Encore II LLC
—
Deed
related
$510,000 · Bank Of Ok
—
—
Encore II LLC
—
Deed Of Trust
related
$510,000 · Bank Of Ok
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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