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    Property profile & analytics

    506 Sheridan Rd Tulsa, OK 74112-3144

    • Strip malls
    • 8,850 SF
    • 0.60 lot acres
    OFF-MARKET
    Value Estimation
    $340,000
    Last Sale
    Dec 29, 2022
    $337,500
    Location Intelligence
    Property ID
    US69-0404988
    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

    • The Bearded Gentleman (barbering parlour) / Barber Shop
    • Admiral Hair Station / Hair Salon
    • Torres Realm Custom Grillz & Jewelry / Jewelry Designer / Tire Shop

    Property Details for 506 Sheridan Rd

    Year built
    1970
    Construction
    WOOD FRAME
    Lot size
    0.60 lot acres
    Property size
    8,850 SF
    Zone code
    CS
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    16300-93-03-02690
    APU
    16300930302690

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $355,000

    • CAP approach

      CAP return
      Estimation
      6%
      $275,000
      6.5%
      $300,000
      7%
      $310,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $315,000
      Geo Method
      $290,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $330,000
      Retail
      $315,000
      Mixed-Use
      $280,000
      Hospitality
      $275,000
      Educational
      $300,000
      Residential Income
      $265,000
      Energy
      $260,000
      Income-Based Land
      $335,000
      Food Service
      $280,000

    Location Insight

    • Map
    • Local Demand
    City
    Tulsa
    County
    Tulsa
    State
    Oklahoma
    Longitude
    -95.905
    Latitude
    36.1538
    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
    $4,984
    $11,583
    $25,542
    $37,125
    -
    $105,300
    $232,200
    $337,500

    Comparable in this City

    • Value Estimation
      $485,000
      8,035 SF

      1902 Harvard Ave

      SHOPPING CENTER, STRIP CENTER • 8,035 SF
      1902 Harvard Ave, Tulsa, OK 74112-6828
      View Details
    • Value Estimation
      $255,000
      5,000 SF

      814 Sheridan Rd

      SHOPPING CENTER, STRIP CENTER • 5,000 SF
      814 Sheridan Rd, Tulsa, OK 74112-3142
      View Details
    • Value Estimation
      $505,000
      8,332 SF

      1102 Yale Ave

      SHOPPING CENTER, STRIP CENTER • 8,332 SF
      1102 Yale Ave, Tulsa, OK 74112-5343
      View Details
    • Value Estimation
      $480,000
      21,000 SF

      4614 11th St

      SHOPPING CENTER, STRIP CENTER • 21,000 SF
      4614 11th St, Tulsa, OK 74112-4214
      View Details
    • Value Estimation by Request
      7,200 SF

      420 91st E Ave

      SHOPPING CENTER, STRIP CENTER • 7,200 SF
      420 91st E Ave, Tulsa, OK 74112
      View Details
    • Value Estimation
      $250,000
      7,809 SF

      1524 Harvard Ave

      SHOPPING CENTER, STRIP CENTER • 7,809 SF
      1524 Harvard Ave, Tulsa, OK 74112-5822
      View Details

    Similar Nearby for Sale

    • New
      Contact for pricing
      2,208 SF

      Retail Space Ideal for Car Lot

      Commercial space in Tulsa, OK, suitable for a car lot.
      5742 E 11Th St, Tulsa, OK 74112
      View Details
    • $225,000
      1,200 SF

      Restaurant Opportunity on High-Traffic Intersection

      Restaurant building with equipment included on a high-traffic intersection.
      601 S Sheridan Rd, Tulsa, OK 74112
      View Details
    • $415,000
      2,425 SF

      Turn-Key Dispensary & Restaurant Opportunity

      Versatile commercial property with dispensary and restaurant potential in Tulsa.
      432 S Sheridan Rd, Tulsa, OK 74112
      View Details
    • $1,325,000
      11.31 Acres

      Prime Tulsa Commercial Land

      ±11 Acres, Hwy 75 & 71st
      71st Hwy, Tulsa, OK 74112
      View Details
    • $795,000
      10,700 SF

      Industrial Building Near Airport

      10,700 SF industrial building with office and warehouse space.
      1711 N Sheridan Rd, Tulsa, OK 74112
      View Details
    • $699,000
      11,133 SF

      Tulsa Office Building - 11,133 SF

      Prime Tulsa office space, 0.94 acres, $699,000.
      8740 11Th St, Tulsa, OK 74112
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,800 SF

      Retail Space on Memorial Drive

      Retail suites with frontage on Memorial, great location and visibility.
      8922 S Memorial Dr, Tulsa, OK 74112
      View Details
    • Contact for pricing
      6,713 SF

      Retail Space in Tulsa Center

      Regional power center anchored by Target and Reasor’s Foods.
      1625-1649 S Yale Ave, Tulsa, OK 74112
      View Details
    • $1,695,000
      3,200 SF

      Remodeled Retail Space For Rent

      Recently remodeled retail space in thriving Midtown/Cherry Street area.
      1517 S Harvard Ave, Tulsa, OK 74112
      View Details
    • $25 SF/Yr
      3,198 SF

      Retail Space on Memorial Drive

      Retail space available in a high-traffic Tulsa location.
      7106 S Memorial Dr, Tulsa, OK 74112
      View Details
    • $7 SF/Yr
      12,060 SF

      Retail Space on Memorial Drive

      Large retail space in revitalizing area with ample parking.
      907 S Memorial Dr, Tulsa, OK 74112
      View Details
    • $562,595
      2,300 SF

      Retail Space on Harvard Avenue

      2,300 SF retail space with parking and signage.
      1746-1748 S Harvard Ave, Tulsa, OK 74112
      View Details
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    Tulsa, OK 74112-3144
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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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