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Property profile & analytics
OFF-MARKET
Strip malls
1563 Sheridan Rd, Tulsa, OK 74112
Entity Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US69-0688502
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1970
Construction
WOOD FRAME
Total area
15,866 SF
Lot
1.7 ac (73,965 SF)
Zoning code
CS
APN
43575-93-11-10910
UPID
US69-0688502
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
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
Jbc Prop Invs Vi LLC · 8 yrs held
Jbc Prop Invs Vi LLC
since 2018
3 recorded transactions
Zoning & alternative use
CS · Tulsa, OK
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 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
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
$3,249
Tax year 2023
Assessed value
$24,200
Assessed 2023
Previous assessed
$24,200
+0.0% YoY
Effective rate
13.43%
On assessed value
Assessed land
$22,374
Assessed improvement
$1,826
Land market value
$203,400
Improvement market value
$16,600
Total market value
$220,000
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
1970
Construction
WOOD FRAME
Heating
ZONE
Cooling
YES
Stories
1
Total area
15,866 SF
Lot
1.7 ac (73,965 SF)
Zoning code
CS
APN
43575-93-11-10910
UPID
US69-0688502
Jurisdiction
TULSA
Zoning & alternative use
CS · Tulsa, OK
Zoning CS · permitted uses
CS · 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.
Building & site characteristics
From public records
Year built
1970
Construction
WOOD FRAME
Heating
ZONE
Cooling
Yes
Stories
1
Lot
1.7 ac
Current owner
From public records · entity-resolved
Jbc Prop Invs Vi LLC
Entity
Free & Clear · 8 yrs held
Mailing address
2611 S MEMORIAL DRD, TULSA, OK 74129-2601
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 24, 2018
$300,000
Jbc Prop Invs Vi LLC
Richard C Gardner Family LLC
Grant Deed
—
Feb 27, 2018
$300,000
Jbc Property Invs Vi LLC
Richard C Gardner Family LLC
Warranty Deed
$307,015 · Welch St Bk
Mar 21, 2012
$750,000
Richard C Gardner LLC
W K Myers Family LP
Warranty Deed
$400,000 · W K Myers Family LP
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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