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Property profile & analytics
OFF-MARKET
Estimated value
$3,230,000
Flex space
1354 Sheridan Rd, Tulsa, OK 74112-5416
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US69-0475611
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1975
Construction
STEEL FRAME
Total area
58,336 SF
Lot
7.09 ac (308,840 SF)
Zoning code
IM
APN
99310-93-10-20680
UPID
US69-0475611
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
-
Industrial Controls of Oklahoma, LLC Electrical Service General Contractor
-
Dresser-Rand Co Industrial Manufacturer
-
AccuLoc6 Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.32M
Comparable Approach
Comparable
$2.34M
Blend (final)
Blend
$3.23M
Owner & transaction history
Siemens Energy INC · 6 yrs held
Siemens Energy INC
since 2019
3 recorded transactions
Zoning & alternative use
IM · Tulsa, OK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$4.2M
+12.0%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$4,675,000
6.5%
$4,315,000
7%
$4,005,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$3,755,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$4,205,000
Change: +12% · Conversion: Difficult
Blend value · Realmo final
$3.23M
Range $2.91M – $3.55M · ±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
$55 / 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
$40,241
Tax year 2023
Assessed value
$299,750
Assessed 2023
Previous assessed
$207,900
+44.2% YoY
Effective rate
13.42%
On assessed value
Assessed land
$67,947
Assessed improvement
$231,803
Land market value
$617,700
Improvement market value
$2,107,300
Total market value
$2,725,000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1975
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
AC.PACKAGE
Stories
1
Total area
58,336 SF
Lot
7.09 ac (308,840 SF)
Zoning code
IM
APN
99310-93-10-20680
UPID
US69-0475611
Jurisdiction
TULSA
Zoning & alternative use
IM · Tulsa, OK
Zoning IM · permitted uses
IM · 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
INDUSTRIAL (GENERAL) Current
Est. value
$3.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.2M
INDUSTRIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
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
1975
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
7.09 ac
Current owner
From public records · entity-resolved
Siemens Energy INC
Entity
Free & Clear · 6 yrs held
Mailing address
6767 E VIRGIN ST, TULSA, OK 74115-3647
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 17, 2023
—
Slam Management Sheridan LLC
—
Deed
related
$1,659,000 · Samuel C Huckaby 1993 Revocable Trust
Jan 27, 2022
—
Slam Management Sheridan LLC
—
Deed
related
$2,452,500 · Security Bank
Oct 23, 2019
$1,800,000
Siemens Energy INC
Siemens Corp
Grant 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.
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