Back to Search
Property profile & analytics
FOR LEASE
Office buildings
202 S Cheyenne Ave Tulsa, OK 74103
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US69-2426576
For Lease
1 / 5
$25 SF/Yr
202 S Cheyenne Ave, Tulsa, OK 74103
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2013
Construction
CONCRETE
Total area
497,385 SF
Lot
0.79 ac (34,282 SF)
Zoning code
CBD
APN
00500-92-02-35060
UPID
US69-2426576
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
-
SP+ Parking Parking Lot & Garage
-
Touch of Class Florist | Send Flowers Tulsa, OK (Bike/Boat/Book/etc) Store
-
Coterra Energy Inc. Oil And Gas Exploration Service
-
Touch of Class Florist (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.01M
Owner & transaction history
Clf Cheyenne Tulsa LLC · 14 yrs held
Clf Cheyenne Tulsa LLC
since 2011
7 recorded transactions
Zoning & alternative use
CBD · 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
$10 / 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
$650,287
Tax year 2023
Assessed value
$4,843,850
Assessed 2023
Previous assessed
$4,843,850
+0.0% YoY
Effective rate
13.43%
On assessed value
Assessed land
$122,529
Assessed improvement
$4,721,321
Land market value
$1,113,900
Improvement market value
$42,921,100
Total market value
$44,035,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
2013
Construction
CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
11
Total area
497,385 SF
Lot
0.79 ac (34,282 SF)
Zoning code
CBD
APN
00500-92-02-35060
UPID
US69-2426576
Jurisdiction
TULSA
Zoning & alternative use
CBD · Tulsa, OK
Zoning CBD · permitted uses
CBD · 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
2013
Construction
CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
11
Lot
0.79 ac
Current owner
From public records · entity-resolved
Clf Cheyenne Tulsa LLC
Entity
Mailing address
PO BOX 460369, HOUSTON, TX 77056-8369
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 17, 2020
—
Vep Il LLC
—
Deed Of Trust
related
$793,000 · Arvest Mtg
Aug 1, 2011
$1,500,000
Clf Cheyenne Tulsa LLC
Cheyenne Dev LLC
Grant Deed
$31,000,000 · Bank Of Oklahoma
Aug 1, 2011
—
Clf Cheyenne Tulsa LLC
One Place LLC
Quit Claim Deed
related
—
Aug 28, 2009
—
Jack E Short
Rummerfield,benjamin F
Affidavit Of Death
related
—
Jan 5, 2009
$1,000,000
Cheyenne Dev LLC
Geotrend LLC
Warranty Deed
—
Mar 16, 2005
$1,250,000
Geotrend LLC
Benrum
Quit Claim Deed
related
—
Mar 10, 2005
—
Benrum
Rummerfield Benjamin F Trust
Quit Claim Deed
related
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
