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Property profile & analytics
FOR LEASE
Office buildings
5350 E 46Th St Tulsa, OK 74135
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US69-0483696
For Lease
1 / 21
$16.50 SF/Yr
5350 E 46Th St, Tulsa, OK 74135
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1978
Construction
WOOD FRAME
Total area
22,792 SF
Lot
1.66 ac (72,222 SF)
Zoning code
OM
APN
24750-93-27-02370
UPID
US69-0483696
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
-
Impact Technologies LLC Business Park Industrial Park
-
Oklahoma College of Healthcare Inc. Vocational School Training Center
-
Pinnacle Enterprise, LLC Law Firm
-
Healthcare Consultant USA Inc. Consultant
-
Oklahoma Community Caregivers Home Health Care Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.18M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.32M
Blend (final)
Blend
$1.22M
Owner & transaction history
W & A Group LLC · 1 yrs held
W & A Group LLC
since 2025
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
OM · 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
$1,145,000
ML approach
$1,180,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,880,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,645,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$1.22M
Range $1.10M – $1.34M · ±10% · vs last sale $1.23M (Feb 28 2025)
Last sale anchor
$1.23M
Feb 28 2025
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
$54 / 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
$14,827
Tax year 2023
Assessed value
$110,440
Assessed 2023
Previous assessed
$110,440
+0.0% YoY
Effective rate
13.43%
On assessed value
Assessed land
$31,768
Assessed improvement
$78,672
Land market value
$288,800
Improvement market value
$715,200
Total market value
$1,004,000
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1978
Construction
WOOD FRAME
Heating
CENTRAL
Cooling
AC.PACKAGE
Stories
1
Total area
22,792 SF
Lot
1.66 ac (72,222 SF)
Zoning code
OM
APN
24750-93-27-02370
UPID
US69-0483696
Jurisdiction
TULSA
Zoning & alternative use
OM · Tulsa, OK
Zoning OM · permitted uses
OM · 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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.6M
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1978
Construction
WOOD FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.66 ac
Current owner
From public records · entity-resolved
W & A Group LLC
Entity
Mailing address
1821 SE WASHINGTON BLVD, BARTLESVILLE, OK 74006-6735
Ownership since
2025
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
Feb 28, 2025
$1,230,000
W & A Group LLC
Hood Holdings LLC
Warranty Deed
$984,000 · Prosperity Bank
Oct 31, 2023
—
Hood Holdings LLC
—
Deed
related
$1,000,000 · Bancfirst
May 27, 2020
—
Hood Holdings LLC
—
Deed
related
$2,800,207 · Stride Bk NA
Oct 20, 2016
$965,000
Hood Holdings LLC
Acorn Resources INC
Warranty Deed
related
$675,500 · Armstrong Bk
Feb 25, 2014
$1,000,000
Acorn Resources INC
Thousand Oaks Investment Corp
Warranty Deed
—
—
—
Thousand Oaks Investment Corp
—
Loan Modification
related
$850,000 · Brown Walter R Trust (pt)
—
—
Thousand Oaks Investment Corp
—
Deed Of Trust
related
$850,000 · Brown Walter R Trust (tr)
—
—
Hood Holdings LLC
—
Deed Of Trust
related
$2,800,207 · Stride Bk NA
—
—
Thousand Oaks Investment Corp
—
Deed Of Trust
related
$175,000 · Michael L & Donna Mccollam
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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