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Property profile & analytics
OFF-MARKET
Warehouses
1607 5th Ct, Tulsa, OK 74120
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US69-0637684
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1997
Construction
STEEL FRAME
Total area
6,272 SF
Lot
0.56 ac (24,611 SF)
Zoning code
IM
APN
16150-93-06-09610
UPID
US69-0637684
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
Group M Investment INC · 20 yrs held
Group M Investment INC
since 2006
4 recorded transactions
Zoning & alternative use
IM · 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
$2,927
Tax year 2023
Assessed value
$21,802
Assessed 2023
Previous assessed
$21,802
+0.0% YoY
Effective rate
13.43%
On assessed value
Assessed land
$8,118
Assessed improvement
$13,684
Land market value
$73,800
Improvement market value
$124,400
Total market value
$198,200
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1997
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Stories
1
Total area
6,272 SF
Lot
0.56 ac (24,611 SF)
Zoning code
IM
APN
16150-93-06-09610
UPID
US69-0637684
Jurisdiction
TULSA
Zoning & alternative use
IM · Tulsa, OK
Zoning IM · permitted uses
IM · 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
1997
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.56 ac
Current owner
From public records · entity-resolved
Group M Investment INC
Entity
Mailing address
PO BOX 14066, TULSA, OK 74159-1066
Ownership since
2006
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
May 10, 2006
$549,000
Group M Investment INC
Sb Properties LLC
Warranty Deed
$539,013 · F & M Bank & Trust Co
Apr 26, 2001
—
Pelizzoni-lanier LLC
Pelizzoni & Lanier Gp
Quit Claim Deed
related
—
—
—
Group M Investments INC
—
Loan Modification
related
$539,013 · Prosperity Bk
—
—
Group M Investment INC
—
Deed Of Trust
related
$500,000 · Prosperity Bk
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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