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Property profile & analytics
OFF-MARKET
Strip malls
12908 Memorial Dr Bixby, OK 74008-2502
Entity Owned
4-yr Hold
Free & Clear
Property ID
US69-2286224
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1975
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
8,654 SF
Lot
1 ac (43,560 SF)
Zoning code
CG
APN
97302-73-02-00900
UPID
US69-2286224
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
-
Grill'd Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
12908 S Memorial Dr LLC · 4 yrs held
12908 S Memorial Dr LLC
since 2021
7 recorded transactions
Zoning & alternative use
CG · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$10,706
Tax year 2023
Assessed value
$82,984
Assessed 2023
Previous assessed
$82,984
+0.0% YoY
Effective rate
12.90%
On assessed value
Assessed land
$38,324
Assessed improvement
$44,660
Land market value
$348,400
Improvement market value
$406,000
Total market value
$754,400
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
1975
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
AC.PACKAGE
Stories
1
Total area
8,654 SF
Lot
1 ac (43,560 SF)
Zoning code
CG
APN
97302-73-02-00900
UPID
US69-2286224
Jurisdiction
TULSA
Zoning & alternative use
CG · Bixby, OK
Zoning CG · permitted uses
CG · 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
Year built
1975
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1 ac
Current owner
From public records · entity-resolved
12908 S Memorial Dr LLC
Entity
Free & Clear · 4 yrs held
Mailing address
6963 S LEWIS AVE, TULSA, OK 74136-3914
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 3, 2021
—
12908 S Memorial Dr LLC
Village Square Bixby LLC
Re-recorded Document
related
—
Nov 23, 2021
—
12908 S Memorial Dr LLC
Village Square Bixby LLC
Warranty Deed
—
Aug 22, 2016
—
Village Sq Bixby LLC B-villag
—
Deed
related
$500,000 · First Oklahoma Bk
Jun 20, 2016
$925,000
Village Sq Bixby LLC B-villag
Village Square I LP
Warranty Deed
related
—
Jun 23, 2008
$850,000
Square I Village
Village Square Center LLC
Warranty Deed
$850,000 · Regent Bank
Nov 16, 2006
—
Village Square Center LLC
Schwabe,ronald E
Quit Claim Deed
related
—
—
—
Village Square I LP
—
Loan Modification
related
$625,769 · Regent Bk
—
—
Ronald E Schwabe
—
Deed Of Trust
related
$93,881 · Bancfirst
—
—
Village Sq Bixby LLC B-villag
—
Deed Of Trust
related
$500,000 · First Oklahoma Bk
—
—
Ronald E Schwabe
—
Deed Of Trust
related
$50,000 · Bancfirst
—
—
Village Square I LP
—
Deed Of Trust
related
$691,439 · Regent Bank
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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