New search
Property profile & analytics
OFF-MARKET
Estimated value
$675,000
Strip malls
2606 Sheridan Rd, Tulsa, OK 74129-1045
Entity Owned
7-yr Hold
Free & Clear
Property ID
US69-0041976
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1965
Construction
STEEL FRAME
Total area
24,452 SF
Lot
1.21 ac (52,795 SF)
Zoning code
CS
APN
39250-93-15-21105
UPID
US69-0041976
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
-
Lit Nutrition Tulsa (an Herbalife club) Specialty Food Shop (Bike/Boat/Book/etc) Store
-
Blue Moon Discs (Bike/Boat/Book/etc) Store
-
CaliOkie Magick Metaphysical Supply Store Service Establishment
-
Hedge Maze Giftshop (Bike/Boat/Book/etc) Store
-
Healthcomp Limited Home Health Care Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$470k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$675k
Owner & transaction history
Center 26 LLC · 7 yrs held
Center 26 LLC
since 2018
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
$470,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$675k
Range $608k – $743k · ±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
$28 / 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
$9,975
Tax year 2023
Assessed value
$74,305
Assessed 2023
Previous assessed
$74,305
+0.0% YoY
Effective rate
13.42%
On assessed value
Assessed land
$40,656
Assessed improvement
$33,649
Land market value
$369,600
Improvement market value
$305,900
Total market value
$675,500
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
1965
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Total area
24,452 SF
Lot
1.21 ac (52,795 SF)
Zoning code
CS
APN
39250-93-15-21105
UPID
US69-0041976
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
1965
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Stories
2
Lot
1.21 ac
Current owner
From public records · entity-resolved
Center 26 LLC
Entity
Free & Clear · 7 yrs held
Mailing address
5880 S MINGO RD, TULSA, OK 74146-6425
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 18, 2022
—
Center 26 LLC
—
Deed
related
$652,818 · Security Bank
Feb 25, 2019
—
Center 26 Lllc
—
Deed
related
$650,000 · Tulsa FCU
Sep 4, 2018
$535,000
Center 26 LLC
Richard C Gardner R/e LLC
Warranty Deed
—
Jul 27, 2016
—
Bankruptcy Estate Of Loi-rose Cor
Nguyen,loi D
Quit Claim Deed
related
—
Oct 28, 2015
—
Loi-rose Corp
Nguyen,loi
Quit Claim Deed
related
—
Jun 17, 2003
$740,000
Loi D Nguyen
Paras LLC
Grant Deed
$605,000 · Summit Bank
Dec 8, 1999
—
Paras LLC
Sheth,ketankumar K
Grant Deed
related
—
Oct 26, 1999
$580,000
Ketankumar K Sheth
Twenty-first Properties INC
Grant Deed
$464,000 · Citizens Bank Tulsa
—
—
Loi D Nguyen
—
Loan Modification
related
—
—
—
Paras LLC
—
Deed Of Trust
related
$403,000 · Oklahoma National Bank
—
—
Loi D Nguyen
—
Deed Of Trust
related
$360,000 · Summit Bank
—
—
Loi D Nguyen
—
Deed Of Trust
related
$586,954 · Summit Bank
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?”
You own 2606 Sheridan Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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.
