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Property profile & analytics
OFF-MARKET
Drive through restaurants
1501 Muskogee Ave Tahlequah, OK 74464-5285
Entity Owned
3-yr Hold
Free & Clear
Property ID
US69-1378488
Property summary
AI-generated overview
This exceptional investment opportunity presents a brand-new, 6,917-square-foot medical office building in Tahlequah, Oklahoma. Located at 1501 S Muskogee Ave, this fee-simple property sits on a 0.87-acre lot and is currently leased to Parachute Plasma under a 20-year absolute triple-net (NNN) lease, offering significant long-term stability. The lease commenced upon closing and features a strong corporate guarantee from a multi-location company. The current annual net operating income (NOI) is $348,342, representing a 7.50% capitalization rate on the $4,644,560 asking price. The building, constructed in 2023, boasts a price per square foot of $671.47. A key feature of this lease is the built-in rent escalations
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1980
Total area
5,042 SF
Lot
0.87 ac (37,949 SF)
APN
3080-00-020-004-0-000-00
UPID
US69-1378488
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
-
Parachute - Plasma Donation Center Medical Clinic
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
Pp Tahlequah Ok Owner LLC · 3 yrs held
Pp Tahlequah Ok Owner LLC
since 2023
Last sale
$200,000
3 recorded transactions
Zoning & alternative use
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 Tahlequah submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tahlequah 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
$2,066
Tax year 2023
Assessed value
$22,000
Assessed 2023
Previous assessed
$22,000
+0.0% YoY
Effective rate
9.39%
On assessed value
Assessed land
$7,082
Assessed improvement
$14,918
Land market value
$64,382
Improvement market value
$135,618
Total market value
$200,000
Applied tax rate
203.0000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1980
Heating
YES
Cooling
YES
Stories
1
Total area
5,042 SF
Lot
0.87 ac (37,949 SF)
APN
3080-00-020-004-0-000-00
UPID
US69-1378488
Jurisdiction
CHEROKEE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1980
Heating
YES
Cooling
Yes
Stories
1
Lot
0.87 ac
Current owner
From public records · entity-resolved
Pp Tahlequah Ok Owner LLC
Entity
Free & Clear · 3 yrs held
Mailing address
701 NBROADWAY #300, OKLAHOMA CITY, OK 73102
Ownership since
2023
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
Nov 5, 2025
—
Pp Tahlequah Ok Owner LLC
—
Deed
related
$9,936,453 · Lnl Stopfall LLC
Mar 30, 2023
$200,000
Pp Tahlequah Ok Owner LLC
Napolish Of Tahequah INC
Special Warranty Deed
—
Feb 2, 2006
$300,000
Mcdonald's USA LLC
Earline Mcjunkin
Individual Deed
—
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.
Try Rey
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