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Property profile & analytics
OFF-MARKET
Estimated value
$1,715,000
Community centers
15020 Memorial Dr Bixby, OK 74008-3717
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US69-0442442
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
61,360 SF
Lot
6.65 ac (289,630 SF)
Zoning code
CS
APN
55955-73-14-51150
UPID
US69-0442442
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
-
Subway Take-out & Catering Catering Service
-
Daylight Donuts Bakery Discount Store
-
Freetimepros Business Management Consultant
-
Native Earth Holistic and Spiritual wellness Center Department Store
-
Spartan Nutrition Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.43M
Blend (final)
Blend
$1.72M
Owner & transaction history
Spartan-98 LP · 8 yrs held
Spartan-98 LP
since 2018
4 recorded transactions
Zoning & alternative use
CS · Bixby, OK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
It is designed to accommodate convenience, neighborhood, subcommunity and regional shopping centers, providing a wide range of retail and personal service uses.
Zone name
Commercial Shopping Center
General category
COMMERCIAL
Zone area
946.48 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.72M
Range $1.54M – $1.89M · ±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
$28 / 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
$49,084
Tax year 2023
Assessed value
$380,468
Assessed 2023
Previous assessed
$380,468
+0.0% YoY
Effective rate
12.90%
On assessed value
Assessed land
$159,291
Assessed improvement
$221,177
Land market value
$1,448,100
Improvement market value
$2,010,700
Total market value
$3,458,800
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
AC.PACKAGE
Stories
1
Total area
61,360 SF
Lot
6.65 ac (289,630 SF)
Zoning code
CS
APN
55955-73-14-51150
UPID
US69-0442442
Jurisdiction
TULSA
Zoning & alternative use
CS · Bixby, OKZoning CS · permitted uses
CS · Bixby, OK
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
It is designed to accommodate convenience, neighborhood, subcommunity and regional shopping centers, providing a wide range of retail and personal service uses.
Zone name
Commercial Shopping Center
General category
COMMERCIAL
Zone area
946.48 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
6.65 ac
Current owner
From public records · entity-resolved
Spartan-98 LP
Entity
Mailing address
3314 E 51ST ST STE 200A, TULSA, OK 74135-3527
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 20, 2018
—
Spartan-98 LP
—
Deed
related
$1,380,079 · Bancfirst
—
—
Spartan-98 LP
—
Deed Of Trust
related
$1,676,099 · Bancfirst
—
—
Spartan-98
—
Deed Of Trust
related
$1,928,185 · Onb Bank & Trust Co
—
—
Spartan-98 LP
—
Loan Modification
related
$1,380,079 · Bancfirst
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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