Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    505 19th St Owasso, OK 74055-4617
    Back to Search
    Property profile & analytics

    505 19th St, Owasso, OK 74055-4617

    View on Map
    • Individual retail properties
    • 3,731 SF
    • 0.79 lot acres
    Off-Market
    Property ID
    US69-0629871
    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

    • The Skin Spa / Spa & Massage Center / Skin Care Clinic
    • Desert Rose Esthetics / Hair Salon
    • Boutique at Bella Dea / Business Service Center / Corporate Office
    • Jello Skincare / Spa & Massage Center / Skin Care Clinic
    • Home Town Charm / Clothing & Fashion Store

    Property Details for 505 19th St

    Year built
    2013
    Construction
    WOOD FRAME
    Lot size
    0.79 lot acres
    Zone code
    CG
    Property type
    Individual retail properties
    APN
    61023-14-19-60030
    APU
    61023141960030

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Feb 14, 2017 — Brogran LLC — Grant Deed · related $4.8M · First Bk/owasso
    Dec 21, 2011 $250,000 Brogran LLC Delois Ramey Warranty Deed $659k · First Bank Of Owasso
    — — Brogran LLC — Deed Of Trust · related $450k · First Bk/owasso
    — — Brogran LLC — Deed Of Trust · related $332k · First Bk/owasso

    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
    Owasso
    County
    Tulsa
    State
    Oklahoma
    Longitude
    -95.8492
    Latitude
    36.2856
    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
    $8,366
    $30,239
    $46,321
    $76,560
    -
    $274,900
    $421,100
    $696,000

    Comparable in this City

    • Value Estimation by Request
      12,800 SF

      9395 Owasso Expy

      GYM, HEALTH SPA
      9395 Owasso Expy, Owasso, OK 74055-5454
      View Details
    • Value Estimation by Request
      2,882 SF

      12802 86th N Pl

      LAUNDROMAT (SELF-SERVICE)
      12802 86th N Pl, Owasso, OK 74055-2517
      View Details
    • Value Estimation
      $540,000
      18,488 SF

      10001 127th E Ave

      GYM, HEALTH SPA
      10001 127th E Ave, Owasso, OK 74055-4692
      View Details
    • Value Estimation by Request
      3,850 SF

      12801 86th N St

      LAUNDROMAT (SELF-SERVICE)
      12801 86th N St, Owasso, OK 74055-2507
      View Details
    • Value Estimation by Request
      4.19 Acres

      112th Garnett Rd

      Lifestyle centers
      112th Garnett Rd, Owasso, OK 74055
      View Details
    • Value Estimation by Request
      0.71 Acres

      11310 96Th St

      Individual retail properties
      11310 96Th St, Owasso, OK 74055
      View Details

    Similar Nearby for Sale

    • $530,000
      1,900 SF

      Highway Frontage Commercial Building

      Move-in ready building with expansion and development potential.
      17983 E 116Th St N, Owasso, OK 74055
      View Details
    • Contact for pricing
      1,900 SF

      Highway Frontage Commercial Building

      Newly constructed, adaptable building with high visibility and expansion potential.
      17983 E 116Th St N, Owasso, OK 74055
      View Details
    • $530,000

      Highway Frontage Mixed-Use Building

      New mixed-use building with highway frontage, expansion potential.
      17983 East 116Th St North, Owasso, OK 74055
      View Details
    • $1,199,999

      Garnett Road Commercial Real Estate

      Prime commercial real estate with high-traffic frontage on Garnett Road.
      10010 North Garnett Rd, Owasso, OK 74055
      View Details
    • Contact for pricing
      26,510 SF

      Industrial/Flex Property For Sale

      26,510 SqFt Industrial/Flex property with 8.32% CAP rate.
      7708 N Owasso Expy, Owasso, OK 74055
      View Details
    • $700,000
      3.88 Acres

      Prime Land in Owasso, OK

      Highly visible land parcel in a rapidly growing area.
      8021 E 86Th St North, Owasso, OK 74055
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,471 SF

      Retail Space in Owasso, OK

      Retail space available for lease in Owasso, Oklahoma.
      401-435 E 2Nd Ave, Owasso, OK 74055
      View Details
    • Contact for pricing
      1,961 SF

      Retail Space in Regional Center

      Retail space in regional power center with national tenants.
      9045 N 121 Ave E, Owasso, OK 74055
      View Details
    • Contact for pricing

      Owasso Retail Space Available

      Retail space for rent in Owasso, Oklahoma.
      12105 E 96Th St, Owasso, OK 74055
      View Details
    • Contact for pricing
      6,331 SF

      Retail Space in Owasso

      Retail space available for lease in Owasso, Oklahoma.
      9017 N 121 Ave E, Owasso, OK 74055
      View Details
    • Contact for pricing
      1,679 SF

      Retail Space in Owasso, OK

      Retail space available for lease in Owasso, Oklahoma.
      102 S Main St, Owasso, OK 74055
      View Details
    • Contact for pricing
      4,000 SF

      Retail Space in Regional Center

      Retail space with highway access in a strong retail corridor.
      9002 N 121 Ave E, Owasso, OK 74055
      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.
    505 19th St
    Owasso, OK 74055-4617
    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
    505 19th St, Owasso, OK, 74055
    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!