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    Property profile & analytics

    4850 Elwood Ave Tulsa, OK 74107-8129

    • Strip malls
    • 21,000 SF
    • 2.20 lot acres
    OFF-MARKET
    Value Estimation
    $1,060,000
    Last Sale
    Mar 10, 2023
    $1,065,000
    Location Intelligence
    Property ID
    US69-0688860
    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

    • Midnight Run Services, LLC. / Security System Supplier / Locksmith
    • C & D Recovery LLC / Towing Service

    Property Details for 4850 Elwood Ave

    Year built
    1960
    Construction
    WOOD FRAME
    Lot size
    2.20 lot acres
    Property size
    21,000 SF
    Zone code
    IM
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    99226-92-26-53080
    APU
    99226922653080

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,060,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,110,000
      6.5%
      $1,160,000
      7%
      $990,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,100,000
      Geo Method
      $1,140,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,065,000
      Retail
      $935,000
      Mixed-Use
      $1,190,000
      Hospitality
      $850,000
      Educational
      $870,000
      Residential Income
      $1,110,000
      Energy
      $970,000
      Income-Based Land
      $1,010,000
      Food Service
      $1,000,000

    Location Insight

    • Map
    • Local Demand
    City
    Tulsa
    County
    Tulsa
    State
    Oklahoma
    Longitude
    -95.9941
    Latitude
    36.0938
    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
    $10,854
    $11,979
    $68,871
    $80,850
    -
    $157,800
    $907,200
    $1,065,000

    Comparable in this City

    • Value Estimation
      $375,000
      13,570 SF

      4935 Un Ave

      SHOPPING CENTER, STRIP CENTER • 13,570 SF
      4935 Un Ave, Tulsa, OK 74107-7839
      View Details
    • Value Estimation
      $405,000
      6,288 SF

      1630 51st St

      SHOPPING CENTER, STRIP CENTER • 6,288 SF
      1630 51st St, Tulsa, OK 74107-8023
      View Details
    • Value Estimation by Request
      5,120 SF

      4122 25th W Ave

      SHOPPING CENTER, STRIP CENTER • 5,120 SF
      4122 25th W Ave, Tulsa, OK 74107-6506
      View Details
    • Value Estimation
      $325,000
      7,890 SF

      3310 42nd Pl

      SHOPPING CENTER, STRIP CENTER • 7,890 SF
      3310 42nd Pl, Tulsa, OK 74107-5922
      View Details
    • Value Estimation
      $340,000
      2,460 SF

      5910 33rd W Avea

      SHOPPING CENTER, STRIP CENTER • 2,460 SF
      5910 33rd W Avea, Tulsa, OK 74107-9227
      View Details
    • Value Estimation
      $365,000
      7,444 SF

      6025 33rd W Ave

      SHOPPING CENTER, STRIP CENTER • 7,444 SF
      6025 33rd W Ave, Tulsa, OK 74107-9244
      View Details

    Similar Nearby for Sale

    • $999,999
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      Historic Route 66 Restaurant

      Tulsa eatery, established business.
      4070 Southwest Blvd, Tulsa, OK 74107
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    • $999,999
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      Route 66 Restaurant Opportunity

      5,450 SF restaurant with equipment and 46 parking spaces.
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    • $699,000
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      West Tulsa Warehouse Opportunity

      Spacious industrial warehouse, vacant, great location.
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    • $195,000
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      Tulsa Land: 3.33 Acres Prime Location

      Exceptional Tulsa acreage, ideal development.
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    • Contact for pricing

      Commercial Land Near Midtown Neighborhoods

      Commercial land with high traffic and great visibility available.
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    Similar Nearby for Lease

    • $4 SF/Yr
      158,735 SF

      Town West Shopping Center: Prime Tulsa Space

      Versatile Retail, Office, & Warehouse Space
      5610 Skelly Dr, Tulsa, OK 74107
      View Details
    • Contact for pricing
      14,000 SF

      Retail Center at I-44 Harvard

      High-profile retail center located at a major intersection.
      3502 E 51St St, Tulsa, OK 74107
      View Details
    • $16 SF/Yr
      2,491 SF

      Retail Space in Central Tulsa

      Retail space with high visibility and traffic in central Tulsa.
      5602-5636 E Skelly Dr, Tulsa, OK 74107
      View Details
    • $10 SF/Yr
      17,343 SF

      Retail Space For Lease

      Retail space available for lease in Tulsa, Oklahoma.
      4227-4289 Southwest Blvd, Tulsa, OK 74107
      View Details
    • $9 SF/Yr
      2,520 SF

      Retail Space on Historic Route

      Located on Historic Route 66 with excellent visibility.
      1307 22Nd Pl, Tulsa, OK 74107
      View Details
    • $5 SF/Yr
      17,360 SF

      Tulsa Industrial Warehouse

      17,360 SF Warehouse, 2.5 Acres
      5100 21St St, Tulsa, OK 74107
      View Details
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    4850 Elwood Ave
    Tulsa, OK 74107-8129
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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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