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Property profile & analytics
OFF-MARKET
Estimated value
$10,130,000
Retail space
213 Archer St Tulsa, OK 74103-2403
Entity Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US69-0147620
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1940
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
69,212 SF
Lot
1.01 ac (43,821 SF)
Zoning code
CBD
APN
00500-92-01-30040
UPID
US69-0147620
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
$10.25M
Comparable Approach
Comparable
$11.08M
Blend (final)
Blend
$10.13M
Owner & transaction history
Denver Archer LLC · 7 yrs held
Denver Archer LLC
since 2019
5 recorded transactions
Zoning & alternative use
CBD · Tulsa, OK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$16.5M
+118.9%
Medical building
$11.9M
+57.9%
Auto repair, garage
$9.5M
+26.0%
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%
$11,105,000
6.5%
$10,250,000
7%
$9,520,000
Alternative Use
Use
Estimation
RETAIL STORES
$7,525,000
Current use
RESTAURANT
$16,475,000
Change: +119% · Conversion: Easy
MEDICAL BUILDING
$11,885,000
Change: +58% · Conversion: Difficult
AUTO REPAIR, GARAGE
$9,490,000
Change: +26% · Conversion: Difficult
COMMERCIAL (GENERAL)
$9,405,000
Change: +25% · Conversion: Easy
OFFICE BUILDING
$8,195,000
Change: +9% · Conversion: Easy
Blend value · Realmo final
$10.13M
Range $9.12M – $11.14M · ±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
$146 / 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
$172,580
Tax year 2023
Assessed value
$1,285,515
Assessed 2023
Previous assessed
$1,224,300
+5.0% YoY
Effective rate
13.42%
On assessed value
Assessed land
$54,140
Assessed improvement
$1,231,375
Land market value
$657,000
Improvement market value
$14,943,000
Total market value
$15,600,000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1940
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Stories
2
Total area
69,212 SF
Lot
1.01 ac (43,821 SF)
Zoning code
CBD
APN
00500-92-01-30040
UPID
US69-0147620
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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$7.5M
RESTAURANT
Est. value
$16.5M
MEDICAL BUILDING
Est. value
$11.9M
AUTO REPAIR, GARAGE
Est. value
$9.5M
COMMERCIAL (GENERAL)
Est. value
$9.4M
OFFICE BUILDING
Est. value
$8.2M
RETAIL STORES Current
RESTAURANT
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1940
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
2
Lot
1.01 ac
Current owner
From public records · entity-resolved
Denver Archer LLC
Entity
Free & Clear · 7 yrs held
Mailing address
1712 S MADISON AVE, TULSA, OK 74120-6817
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 8, 2019
—
Denver Archer LLC
Nixon Properties INC
Quitclaim Deed
related
—
Sep 2, 2016
—
Archer Building LLC
—
Deed
related
$12,000,000 · Private Individual
Dec 16, 2014
—
Bokf Foundation
Bokf NA
Quit Claim Deed
related
—
Aug 6, 2007
$1,850,000
Bank Of Oklahoma NA
Sand Springs Home
Grant Deed
related
—
—
—
Archer Building LLC
—
Deed Of Trust
related
$12,000,000 · Private Individual
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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