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Property profile & analytics
OFF-MARKET
Estimated value
$12,850,000
Retail properties & Spaces
446 Elm St Jenks, OK 74037-3704
Entity Owned
10-yr Hold
Absentee Owner
Free & Clear
Property ID
US69-0945586
Property profile
Verified
Property type
Retail properties & Spaces
Use group
ROADSIDE MARKET
Year built
2009
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
80,336 SF
Lot
7.77 ac (338,461 SF)
Zoning code
AG
APN
60681-82-24-44300
UPID
US69-0945586
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
-
Coinstar Bank Credit Union
-
PHONE DOCTORS | iPhone & Mobile Device Repair of Jenks Computer & Electronic Repair Tech Support Center
-
Redbud Cafe Cafe & Coffee Shop
-
Reasor's Pharmacy Pharmacy
-
Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.19M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$12.85M
Owner & transaction history
Lrs Jenks Ok LLC · 10 yrs held
Lrs Jenks Ok LLC
since 2015
Last sale
$13.2M
7 recorded transactions
Zoning & alternative use
AG · Jenks, OK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$13.5M
+1,079.0%
Office building
$9.6M
+743.7%
Restaurant
$7.9M
+591.1%
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 Jenks submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jenks 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
$12,245,000
ML approach
$8,185,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$13,460,000
Change: +1,079% · Conversion: Difficult
OFFICE BUILDING
$9,630,000
Change: +744% · Conversion: Difficult
RESTAURANT
$7,890,000
Change: +591% · Conversion: Difficult
Blend value · Realmo final
$12.85M
Range $11.57M – $14.14M · ±10% · vs last sale $13.15M (Mar 27 2025)
Last sale anchor
$13.15M
Mar 27 2025
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
$160 / 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
$131,303
Tax year 2023
Assessed value
$1,009,250
Assessed 2023
Previous assessed
$1,009,250
+0.0% YoY
Effective rate
13.01%
On assessed value
Assessed land
$279,246
Assessed improvement
$730,004
Land market value
$2,538,600
Improvement market value
$6,636,400
Total market value
$9,175,000
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
Retail properties & Spaces
Use group
ROADSIDE MARKET
Status
Off-Market
Year built
2009
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
80,336 SF
Lot
7.77 ac (338,461 SF)
Zoning code
AG
APN
60681-82-24-44300
UPID
US69-0945586
Jurisdiction
TULSA
Zoning & alternative use
AG · Jenks, OK
Zoning AG · permitted uses
AG · Jenks, OK
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jenks. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$13.5M
OFFICE BUILDING
Est. value
$9.6M
RESTAURANT
Est. value
$7.9M
COMMERCIAL (GENERAL)
OFFICE BUILDING
RESTAURANT
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
2009
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
7.77 ac
Current owner
From public records · entity-resolved
Lrs Jenks Ok LLC
Entity
Free & Clear · 10 yrs held
Mailing address
420 S 145TH E AVE STE B, TULSA, OK 74108-1305
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 28, 2015
—
Lrs Jenks Ok LLC
—
Trustees Deed
related
$8,750,000 · Ladder Cap Fin
Oct 22, 2015
$12,160,000
Lrs Jenks Ok LLC
Whlr-jenks LLC
Grant Deed
—
Sep 25, 2013
$11,400,000
Whlr-jenks LLC
Reasors LLC
Grant Deed
$8,550,000 · Citizens Security Bank
Oct 15, 2009
—
Reasors LLC
—
Deed Of Trust
related
$11,400,000 · J P Morgan Chase Bank
Sep 18, 2009
$11,400,000
Reasors LLC
Super Market Developers INC
Grant Deed
—
Aug 6, 2008
$2,100,000
Super Market Developers INC
William Asset Management LLC
Warranty Deed
—
—
—
Reasors LLC
—
Deed Of Trust
related
$40,000,000 · Bank Of Oklahoma
—
—
Reasors LLC
—
Deed Of Trust
related
$24,600,000 · Reasor Larry G Trust (pt)
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
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