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Property profile & analytics
FOR SALE
Medical Office Space
4520 S Harvard Ave Tulsa, OK 74135
Entity Owned
16-yr Hold
~
Est. High Equity
Property ID
US69-0208321
For Sale
1 / 9
$3,400,000
4520 S Harvard Ave, Tulsa, OK 74135
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1981
Construction
WOOD FRAME
Total area
25,247 SF
Lot
0.72 ac (31,233 SF)
Zoning code
OL
APN
44925-93-29-07020
UPID
US69-0208321
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
-
Mark Sadler, PhD Physician Medical Clinic
-
Dr. Mitchell Anderson Physician
-
Dr. Christina Beartrack Physician
-
Jordan Barnwell Physician
-
Dr. James Stover Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.47M
Blend (final)
Blend
$2.00M
Owner & transaction history
Hec Holdings LLC · 16 yrs held
Hec Holdings LLC
since 2009
7 recorded transactions
Zoning & alternative use
OL · 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.00M
Range $1.80M – $2.19M · ±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
$79 / 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
$22,447
Tax year 2023
Assessed value
$167,200
Assessed 2023
Previous assessed
$190,069
-12.0% YoY
Effective rate
13.43%
On assessed value
Assessed land
$30,943
Assessed improvement
$136,257
Land market value
$281,300
Improvement market value
$1,238,700
Total market value
$1,520,000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Sale
Year built
1981
Construction
WOOD FRAME
Heating
ZONE
Cooling
YES
Stories
2
Total area
25,247 SF
Lot
0.72 ac (31,233 SF)
Zoning code
OL
APN
44925-93-29-07020
UPID
US69-0208321
Jurisdiction
TULSA
Zoning & alternative use
OL · Tulsa, OK
Zoning OL · permitted uses
OL · 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
1981
Construction
WOOD FRAME
Heating
ZONE
Cooling
Yes
Stories
2
Lot
0.72 ac
Current owner
From public records · entity-resolved
Hec Holdings LLC
Entity
Mailing address
4520 S HARVARD AVE STE #135, TULSA, OK 74135-2916
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 4, 2019
—
Hec Holdings LLC
—
Deed
related
$150,000 · Arvest Mtg
Mar 15, 2017
—
Hec Holdings LLC
—
Deed
related
$147,235 · Arvest Bank
Feb 7, 2017
—
Hec Holdings LLC
—
Deed
related
$1,532,962 · Arvest Mtg
Oct 1, 2009
$2,047,500
Hec Holdings LLC
Acron USA Fonds Harvard Garden
Warranty Deed
related
$1,853,000 · Arvest Mtg
—
—
USA Fonds Harvard Garden Acron
—
Deed Of Trust
related
$977,126 · Bank Of Oklahoma
—
—
Hec Holdings LLC
—
Deed Of Trust
related
$489,000 · Arvest Bank
—
—
Hec Holdings LLC
—
Deed Of Trust
related
$520,000 · Arvest Bank
—
—
Hec Holdings LLC
—
Loan Modification
related
$1,608,348 · Arvest Mtg
—
—
Hec Holdings LLC
—
Loan Modification
related
$1,532,962 · Arvest Mtg
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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