Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3959 31st St Tulsa, OK 74135-1508
    Back to Search
    Property profile & analytics

    3959 31st St, Tulsa, OK 74135-1508

    View on Map
    • Specialty properties
    • 13,661 SF
    • 2.16 lot acres
    Off-Market
    Property ID
    US69-0659624
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Stanleys Funeral & Cremation Service / Social Service Agency

    Property Details for 3959 31st St

    Year built
    1961
    Construction
    WOOD FRAME
    Lot size
    2.16 lot acres
    Zone code
    OL
    Property type
    Specialty properties
    APN
    40575-93-16-15170
    APU
    40575931615170

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 26, 2015 — House-stumpff LLC — Trustees Deed · related $250k · Bank Of Ok
    Oct 4, 2005 $955,000 House-stumpff LLC Sci Oklahoma Funeral Svcs INC Grant Deed $1.3M · Onb Bank & Trust Co
    Sep 25, 2001 — Sci Oklahoma Funeral Svcs INC Sentry Operating Co Grant Deed · related —
    — — House-stumpff LLC — Deed Of Trust · related $4.7M · Bank Of Ok
    — — Vb Real Estates LLC — Deed Of Trust · related $810k · Bank One NA
    — — House-stumpff LLC — Loan Modification · related $955k · Patriot Bk

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Tulsa
    County
    Tulsa
    State
    Oklahoma
    Longitude
    -95.9309
    Latitude
    36.1195
    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
    $17,888
    $51,876
    $81,367
    $133,243
    -
    $471,600
    $739,700
    $1,211,300

    Comparable in this City

    • Value Estimation
      $13,000,000
      75,722 SF

      5002 Fulton Ave

      PROFESSIONAL CLUBS/ASSOCIATIONS
      5002 Fulton Ave, Tulsa, OK 74135-6950
      View Details
    • Value Estimation
      $2,655,000
      15,475 SF

      4051 41st Pl

      PROFESSIONAL CLUBS/ASSOCIATIONS
      4051 41st Pl, Tulsa, OK 74135
      View Details
    • Value Estimation by Request
      1,119 SF

      4739 Fulton Ave

      PROFESSIONAL CLUBS/ASSOCIATIONS
      4739 Fulton Ave, Tulsa, OK 74135-6914
      View Details
    • Value Estimation by Request
      1,352 SF

      4801 Braden Ave

      PROFESSIONAL CLUBS/ASSOCIATIONS
      4801 Braden Ave, Tulsa, OK 74135-7158
      View Details
    • Value Estimation
      $2,880,000
      12,161 SF

      3333 41st St

      CREMATORIUM, MORTUARY
      3333 41st St, Tulsa, OK 74135-4644
      View Details
    • Value Estimation
      $4,615,000
      26,873 SF

      5202 Hudson Ave

      PROFESSIONAL CLUBS/ASSOCIATIONS
      5202 Hudson Ave, Tulsa, OK 74135-7500
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,795 SF

      New Freddy’s Restaurant For Sale

      New Freddy’s restaurant with drive-thru, opening August 2025.
      5119 E 51St St, Tulsa, OK 74135
      View Details
    • $151,000
      0.49 Acres

      Vacant Lot in Central Tulsa

      Ready-to-build lot near shopping, dining, and schools.
      5427 E 32Nd Pl, Tulsa, OK 74135
      View Details
    • Contact for pricing

      Prime Land Site in Tulsa

      Approximately one-acre commercial land with development potential in Tulsa, Oklahoma.
      5115 E 51St St, Tulsa, OK 74135
      View Details
    • Contact for pricing
      5,184 SF

      Medical/Multi-Use Building Near Highway

      Medical or multi-use building with easy highway access.
      3227 Lakewood Ave, Tulsa, OK 74135
      View Details
    • $179,000
      480 SF

      Tulsa Office Space For Sale

      480 SF office space in high-traffic Tulsa location.
      5912 E 31St St, Tulsa, OK 74135
      View Details
    • Contact for pricing
      13,160 SF

      Retail Property in Midtown Tulsa

      Renovated, fully occupied retail property in a high-traffic Tulsa corridor.
      3701 S Harvard Ave, Tulsa, OK 74135
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Class A Office Building

      Ten-story office building with parking garage and highway access.
      5100 E Skelly Dr, Tulsa, OK 74135
      View Details
    • Contact for pricing
      2,866 SF

      Office Space in Park Towers

      Elegant office space available for rent in Tulsa, Oklahoma.
      5314 S Yale Ave, Tulsa, OK 74135
      View Details
    • Contact for pricing
      1,236 SF

      Office Space with Multiple Offices

      Office space featuring multiple offices, kitchen, and open area.
      5416 S Yale Ave, Tulsa, OK 74135
      View Details
    • Contact for pricing
      1,317 SF

      Tulsa Office Space For Rent

      Office space available for lease in Tulsa, Oklahoma.
      4111 S Darlington Ave, Tulsa, OK 74135
      View Details
    • Contact for pricing

      5505-5667 East 41st St, Tulsa, OK 74135

      Retail space
      5505-5667 East 41St St, Tulsa, OK 74135
      View Details
    • Contact for pricing

      Neighborhood Retail Center For Lease

      Retail spaces available in updated neighborhood center.
      3100 S Jamestown Ave, Tulsa, OK 74135
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3959 31st St
    Tulsa, OK 74135-1508
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3959 31st St, Tulsa, OK, 74135
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!