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Property profile & analytics
OFF-MARKET
Estimated value
$1,425,000
Strip malls
2121 Garnett Rd, Tulsa, OK 74129-5105
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US69-0354986
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1977
Construction
WOOD FRAME
Total area
40,132 SF
Lot
3.13 ac (136,517 SF)
Zoning code
CS
APN
34950-94-17-13960
UPID
US69-0354986
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
-
Cintos Car Dealership
-
QuennsFashion Clothing & Fashion Store
-
Gaona Imports Clothing Store
-
Dulceria Arcoiris Specialty Food Shop Candy Store
-
Joyeria Taxco Llc (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$961k
Blend (final)
Blend
$1.43M
Owner & transaction history
Supermercados Morelos LLC · 12 yrs held
Supermercados Morelos LLC
since 2013
7 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
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
$1.43M
Range $1.28M – $1.57M · ±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
$36 / 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
$26,799
Tax year 2023
Assessed value
$199,622
Assessed 2023
Previous assessed
$190,116
+5.0% YoY
Effective rate
13.42%
On assessed value
Assessed land
$42,253
Assessed improvement
$157,369
Land market value
$546,100
Improvement market value
$2,033,900
Total market value
$2,580,000
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
1977
Construction
WOOD FRAME
Heating
ZONE
Cooling
YES
Stories
1
Total area
40,132 SF
Lot
3.13 ac (136,517 SF)
Zoning code
CS
APN
34950-94-17-13960
UPID
US69-0354986
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
1977
Construction
WOOD FRAME
Heating
ZONE
Cooling
Yes
Stories
1
Lot
3.13 ac
Current owner
From public records · entity-resolved
Supermercados Morelos LLC
Entity
Mailing address
PO BOX 690597, TULSA, OK 74169-0597
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 4, 2016
—
Supermercados Morelos LLC
—
Deed Of Trust
related
$250,000 · Firstar Bk
Jun 11, 2015
—
Supermercados Morelos LLC
—
Trustees Deed
related
$121,985 · Firstar Bk
Jul 16, 2014
—
Supermercados Morelos LLC
—
Trustees Deed
related
$150,000 · Firstar Bk
Aug 19, 2013
$1,300,000
Supermercados Morelos LLC
Center Corp
Warranty Deed
$1,040,000 · Firstar Bk/milwaukee
—
—
Supermercados Morelos LLC
—
Loan Modification
related
$250,000 · Firstar Bk
—
—
Supermercados Morelos LLC
—
Loan Modification
related
$250,000 · Firstar Bk
—
—
Supermercados Morelos LLC
—
Loan Modification
related
$150,000 · Firstar Bk
—
—
Supermercados Morelos LLC
—
Loan Modification
related
$150,000 · Firstar Bk
—
—
Supermercados Morelos LLC
—
Loan Modification
related
$150,000 · Firstar Bk
—
—
Supermercados Morelos LLC
—
Loan Modification
related
$150,000 · Firstar Bk
—
—
Supermercados Morelos LLC
—
Loan Modification
related
$949,425 · Firstar Bk
—
—
Supermercados Morelos LLC
—
Loan Modification
related
$943,872 · Firstar Bk
—
—
Supermercados Morelos LLC
—
Loan Modification
related
$250,000 · Firstar Bk
—
—
Supermercados Morelos LLC
—
Loan Modification
related
$250,000 · Firstar 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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