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    Property profile & analytics

    1516 Peoria Ave Tulsa, OK 74120-6202

    • Bars
    • 2,380 SF
    • 0.19 lot acres
    OFF-MARKET
    Value Estimation
    $260,000
    Last Sale
    Sep 23, 2022
    $250,000
    Location Intelligence
    Property ID
    US69-0467575
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Empire Bar / Sports Bar / Bar
    • Tapa Mobile / Restaurant
    • BGTR Limited / Saddlery

    Property Details for 1516 Peoria Ave

    Year built
    1940
    Construction
    WOOD FRAME
    Lot size
    0.19 lot acres
    Property size
    2,380 SF
    Zone code
    CS
    Property type
    Bars
    Property subtype
    Pubs
    APN
    28600-92-12-10610
    APU
    28600921210610

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $265,000

    • CAP approach

      CAP return
      Estimation
      6%
      $290,000
      6.5%
      $255,000
      7%
      $250,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $265,000
      Geo Method
      $270,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $235,000
      Retail
      $255,000
      Mixed-Use
      $225,000
      Hospitality
      $230,000
      Educational
      $250,000
      Residential Income
      $285,000
      Energy
      $260,000
      Income-Based Land
      $235,000
      Food Service
      $230,000

    Location Insight

    • Map
    • Local Demand
    City
    Tulsa
    County
    Tulsa
    State
    Oklahoma
    Longitude
    -95.976
    Latitude
    36.14
    CBSA code
    46140
    CBSA name
    TULSA, OK METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,487
    $7,610
    $25,816
    $33,426
    -
    $105,000
    $356,200
    $461,200

    Comparable in this City

    • Value Estimation by Request
      4,700 SF

      325 2nd St

      BAR, TAVERN • 4,700 SF
      325 2nd St, Tulsa, OK 74120-1804
      View Details
    • Value Estimation
      $340,000
      2,176 SF

      1338 3rd St

      BAR, TAVERN • 2,176 SF
      1338 3rd St, Tulsa, OK 74120-2802
      View Details
    • Value Estimation
      $215,000
      3,280 SF

      412 2nd St

      BAR, TAVERN • 3,280 SF
      412 2nd St, Tulsa, OK 74120-1807
      View Details
    • Value Estimation by Request
      5,740 SF

      114 Elgin Ave

      BAR, TAVERN • 5,740 SF
      114 Elgin Ave, Tulsa, OK 74120-1817
      View Details
    • Value Estimation
      $535,000
      1,800 SF

      401 1st St

      BAR, TAVERN • 1,800 SF
      401 1st St, Tulsa, OK 74120
      View Details
    • Value Estimation by Request
      2,612 SF

      318 2nd St

      BAR, TAVERN • 2,612 SF
      318 2nd St, Tulsa, OK 74120-1805
      View Details

    Similar Nearby for Sale

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      Downtown Tulsa Retail Opportunity

      Freestanding building in Tulsa's East Village District with expansion potential.
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    • $975,000
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      Freestanding Building with Heavy Commercial Zoning

      14,000 SF building with redevelopment potential in Tulsa, OK.
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    • $499,000
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      Six-unit residential income property with ADU potential in up-and-coming neighborhood.
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      Modern Office Building with Garage

      Renovated office building with drive-in garage and solar panels.
      1126 S Frankfort Ave, Tulsa, OK 74120
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      141,000 SF

      Downtown Tulsa Development Opportunity

      3.237 acre CBD-zoned land in downtown Tulsa.
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    • $399,000

      2.31 Acres Secured Industrial Land

      2.31 acres of secured industrial land near downtown Tulsa.
      46 N Quincy Ave, Tulsa, OK 74120
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    Similar Nearby for Lease

    • Contact for pricing
      4,800 SF

      Retail Location for Lease

      Retail space suitable for bar, restaurant, brewery, or event center.
      723 E 2Nd St, Tulsa, OK 74120
      View Details
    • Contact for pricing
      22,864 SF

      Santa Fe Square Office Suites

      Tulsa Class A Office Space Available
      0 Elgin Ave, Tulsa, OK 74120
      View Details
    • $22 SF/Yr
      7,000 SF

      Downtown Tulsa Commercial Gem

      7,000 SF, Flexible Space, RT 66
      924 Detroit Ave, Tulsa, OK 74120
      View Details
    • $19 SF/Yr
      2,604 SF

      New Retail Space Available

      New construction retail space with dedicated parking and patio.
      624 S Peoria Ave, Tulsa, OK 74120
      View Details
    • Contact for pricing
      50,000 SF

      Downtown Tulsa Restaurant Space

      Prime Retail, 2,550 SF Available
      111 Greenwood Ave, Tulsa, OK 74120
      View Details
    • Contact for pricing
      1,500 SF

      Retail Space with Highway Access

      Retail space with immediate highway access and pylon signage.
      1605 N Peoria Ave, Tulsa, OK 74120
      View Details

    Property Visit Statistics

    • Visits by month
      41.1k
    • Visitors by month
      23.5k
    • Avg Time on site
      10 min
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    Tulsa, OK 74120-6202
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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