New search
Property profile & analytics
OFF-MARKET
Estimated value
$580,000
Bars & Pubs
514 2nd St, Tulsa, OK 74120-1809
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US69-0637328
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
1920
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
12,576 SF
Lot
0.37 ac (15,987 SF)
Zoning code
CBD
APN
00500-92-01-36070
UPID
US69-0637328
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
-
Whiskey 918 Nightclub DJ & Entertainment
-
ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$370k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$796k
Blend (final)
Blend
$580k
Owner & transaction history
White Buffalo 2nd Street LLC · 9 yrs held
White Buffalo 2nd Street LLC
since 2017
7 recorded transactions
Zoning & alternative use
CBD · 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
$370,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$580k
Range $522k – $638k · ±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
$46 / 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
$20,675
Tax year 2023
Assessed value
$154,000
Assessed 2023
Previous assessed
$154,000
+0.0% YoY
Effective rate
13.43%
On assessed value
Assessed land
$26,400
Assessed improvement
$127,600
Land market value
$240,000
Improvement market value
$1,160,000
Total market value
$1,400,000
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
Bars & Pubs
Use group
BAR, TAVERN
Status
Off-Market
Year built
1920
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
12,576 SF
Lot
0.37 ac (15,987 SF)
Zoning code
CBD
APN
00500-92-01-36070
UPID
US69-0637328
Jurisdiction
TULSA
Zoning & alternative use
CBD · Tulsa, OK
Zoning CBD · permitted uses
CBD · 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
1920
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.37 ac
Current owner
From public records · entity-resolved
White Buffalo 2nd Street LLC
Entity
Mailing address
PO BOX 4769, TULSA, OK 74159-0769
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 24, 2017
$1,400,000
White Buffalo 2nd Street LLC
Wildcat LLC
Warranty Deed
$1,190,000 · Avb Bank
Mar 16, 2015
—
Wildcat LLC
Burkhart Michael W & Susan R
Grant Deed
related
$1,199,345 · Burkhart Michael W Trust (pt)
Mar 2, 2015
$1,200,000
Michael W Burkhart
514 LLC
Grant Deed
—
Mar 9, 2007
—
514 LLC
Sharp,david P
Warranty Deed
—
Feb 26, 2001
—
George U Sabos
Sabos,james G
Quit Claim Deed
related
—
Sep 7, 2000
$25,000
David P Sharp
Sabos,george U
Quit Claim Deed
related
—
—
—
David P Sharp
—
Deed Of Trust
related
$300,000 · F & M Bank & Trust Co
—
—
George U Sabos
—
Deed Of Trust
related
$200,000 · F & M Bank & Trust Co
—
—
George U Sabos
—
Deed Of Trust
related
$200,000 · F & M Bank & Trust Co
—
—
Jack W Steinmeyer
—
Deed Of Trust
related
$196,000 · F & M Bank & Trust Co
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 514 2nd St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
