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Property profile & analytics
OFF-MARKET
Estimated value
$835,000
Strip malls
1416 11th St Ste 3, Tulsa, OK 74120-4644
Entity Owned
5-yr Hold
Free & Clear
Property ID
US69-0481996
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1935
Construction
WOOD FRAME
Total area
6,328 SF
Lot
0.33 ac (14,505 SF)
Zoning code
CH
APN
30775-93-07-08820
UPID
US69-0481996
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
-
Umber Clothing & Fashion Store
-
Farmers Insurance - Kelly Fiddner Insurance Agency
-
Bloom Labs (Bike/Boat/Book/etc) Store
-
Grandfather's Clock Gallery Computer & Electronic Repair
-
Bear Agency Group Advertising Agency Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$805k
CAP Approach
CAP
$1.10M
Comparable Approach
Comparable
$709k
Blend (final)
Blend
$835k
Owner & transaction history
Harwood Properties No 5 LLC · 5 yrs held
Harwood Properties No 5 LLC
since 2020
Last sale
$923,000
7 recorded transactions
Zoning & alternative use
CH · Tulsa, OK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.1M
+138.1%
Auto repair, garage
$865,000
+90.1%
Commercial (general)
$860,000
+88.4%
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
$815,000
ML approach
$805,000
CAP Approach
CAP Return
Estimation
6%
$1,190,000
6.5%
$1,100,000
7%
$1,020,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,085,000
Change: +138% · Conversion: Difficult
AUTO REPAIR, GARAGE
$865,000
Change: +90% · Conversion: Difficult
COMMERCIAL (GENERAL)
$860,000
Change: +88% · Conversion: Easy
OFFICE BUILDING
$750,000
Change: +64% · Conversion: Moderate
RETAIL STORES
$690,000
Change: +51% · Conversion: Easy
Blend value · Realmo final
$835k
Range $752k – $919k · ±10% · vs last sale $923k (Dec 21 2020)
Last sale anchor
$923k
Dec 21 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
$132 / 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
$13,630
Tax year 2023
Assessed value
$101,530
Assessed 2023
Previous assessed
$101,530
+0.0% YoY
Effective rate
13.42%
On assessed value
Assessed land
$19,162
Assessed improvement
$82,368
Land market value
$174,200
Improvement market value
$748,800
Total market value
$923,000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1935
Construction
WOOD FRAME
Heating
CENTRAL
Cooling
AC.PACKAGE
Stories
1
Total area
6,328 SF
Lot
0.33 ac (14,505 SF)
Zoning code
CH
APN
30775-93-07-08820
UPID
US69-0481996
Jurisdiction
TULSA
Zoning & alternative use
CH · Tulsa, OK
Zoning CH · permitted uses
CH · 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
MEDICAL BUILDING
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$865,000
COMMERCIAL (GENERAL)
Est. value
$860,000
OFFICE BUILDING
Est. value
$750,000
RETAIL STORES
Est. value
$690,000
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
1935
Construction
WOOD FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.33 ac
Current owner
From public records · entity-resolved
Harwood Properties No 5 LLC
Entity
Free & Clear · 5 yrs held
Mailing address
2645 E 26TH PL, TULSA, OK 74114-4305
Mailing matches property
Yes
Owner-occupied
Yes
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 21, 2020
$923,000
Harwood Properties No 5 LLC
Jimickel LLC
Warranty Deed
—
Jan 21, 2020
—
Jimickel LLC
—
Deed Of Trust
related
$600,000 · Grand Bk
Jul 2, 2012
—
Jimickel LLC
Payne,michael D
Quit Claim Deed
related
—
Feb 27, 2012
$70,000
Michael D Payne
Raper,j W
Warranty Deed
—
Jul 28, 2010
—
J W Raper
—
Trustees Deed
related
—
Feb 22, 2002
—
Wayne E Thayer
Raper,j W
Quit Claim Deed
related
—
—
—
J W Raper
—
Deed Of Trust
related
$39,073 · Community Bank & Trust Co
—
—
Jimickel LLC
—
Loan Modification
related
—
—
—
Jimickel LLC
—
Deed Of Trust
related
$200,000 · Grand Bk
—
—
Jimickel LLC
—
Loan Modification
related
—
—
—
Jimickel LLC
—
Deed Of Trust
related
$379,000 · Grand Bk
—
—
J W Raper
—
Deed Of Trust
related
$101,899 · Community Bank & Trust Co
—
—
Jimickel LLC
—
Loan Modification
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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