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    Property profile & analytics

    3823 51st St Tulsa, OK 74135-3603

    • Turn key restaurants
    • 4,329 SF
    • 0.57 lot acres
    OFF-MARKET
    Value Estimation
    $1,010,000
    Last Sale
    Dec 09, 2024
    $1,007,000
    Location Intelligence
    Property ID
    US69-2286031
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Jamil's Steakhouse / Steak House / Lebanese Restaurant
    • Perfect Touch Catering by Jamil's / Self-Catering Accommodation
    • Catering Tulsa / Restaurant

    Property Details for 3823 51st St

    Year built
    1996
    Construction
    WOOD FRAME
    Lot size
    0.57 lot acres
    Property size
    4,329 SF
    Zone code
    CO
    Property type
    Turn key restaurants
    APN
    11360-93-28-02000
    APU
    11360932802000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,005,000

    • CAP approach

      CAP return
      Estimation
      6%
      $975,000
      6.5%
      $1,150,000
      7%
      $1,120,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $980,000
      Geo Method
      $1,085,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $965,000
      Retail
      $980,000
      Mixed-Use
      $940,000
      Hospitality
      $1,045,000
      Educational
      $900,000
      Residential Income
      $910,000
      Energy
      $970,000
      Income-Based Land
      $985,000
      Food Service
      $1,195,000

    Location Insight

    • Map
    • Local Demand
    City
    Tulsa
    County
    Tulsa
    State
    Oklahoma
    Longitude
    -95.9341
    Latitude
    36.0903
    CBSA code
    46140
    CBSA name
    TULSA, OK METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $13,069
    $34,155
    $63,195
    $97,350
    -
    $310,500
    $574,500
    $885,000

    Comparable in this City

    • Value Estimation by Request
      3,942 SF

      4249 Yale Ave

      RESTAURANT • 3,942 SF
      4249 Yale Ave, Tulsa, OK 74135-6004
      View Details
    • Value Estimation
      $335,000
      5,953 SF

      4634 31st St

      RESTAURANT • 5,953 SF
      4634 31st St, Tulsa, OK 74135-2127
      View Details
    • Value Estimation
      $675,000
      9,082 SF

      4848 Yale Ave

      RESTAURANT • 9,082 SF
      4848 Yale Ave, Tulsa, OK 74135-7007
      View Details
    • Value Estimation
      $395,000
      4,810 SF

      3109 Yale Ave

      RESTAURANT • 4,810 SF
      3109 Yale Ave, Tulsa, OK 74135-8007
      View Details
    • Value Estimation by Request
      6,067 SF

      4723 Yale Ave

      RESTAURANT • 6,067 SF
      4723 Yale Ave, Tulsa, OK 74135-7004
      View Details
    • Value Estimation by Request
      6,259 SF

      4515 51st St

      RESTAURANT • 6,259 SF
      4515 51st St, Tulsa, OK 74135-3701
      View Details

    Similar Nearby for Sale

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      2,795 SF

      New Freddy’s Restaurant For Sale

      New Freddy’s restaurant with drive-thru, opening August 2025.
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      Tulsa Retail Investment Opportunity

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      High-Traffic Retail/Medical Property For Sale

      12,450 SF retail/medical property on 0.91 acres.
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      Tulsa Medical Office For Sale

      Medical office building with easy highway access in Tulsa, OK.
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    Similar Nearby for Lease

    • $30 SF/Yr
      5,049 SF

      Restaurant Space Available For Rent

      5,049 SF restaurant space with existing infrastructure.
      4733 S Yale Ave, Tulsa, OK 74135
      View Details
    • $7 SF/Yr
      5,000 SF

      Industrial Space with Showroom

      Industrial space featuring a showroom and convenient highway access.
      4570 W 57Th St, Tulsa, OK 74135
      View Details
    • $14 SF/Yr
      2,080 SF

      Prime Retail Space For Lease

      High-traffic location near Reasor's, AMC, and Chick-fil-A.
      4002 S Yale Ave, Tulsa, OK 74135
      View Details
    • $14 SF/Yr
      11,573 SF

      Harvard Ave Retail Center

      Tulsa Strip Mall - 9 Suites Available
      4775 Harvard Ave, Tulsa, OK 74135
      View Details
    • Contact for pricing
      5,386 SF

      Retail Space in Tulsa Mall Corridor

      Retail space for lease in high-traffic Tulsa Promenade Mall corridor.
      5527 E 41St St, Tulsa, OK 74135
      View Details
    • $20 SF/Yr
      117,000 SF

      Kingspointe Retail Center: Tulsa

      Prime Tulsa retail space, multiple units available.
      5962 Yale Ave, Tulsa, OK 74135
      View Details
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    Tulsa, OK 74135-3603
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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