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Property profile & analytics
OFF-MARKET
Estimated value
$5,660,000
Automotive properties
550 Memorial Dr, Tulsa, OK 74115-7906
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US69-0517484
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1986
Construction
STEEL FRAME
Total area
50,681 SF
Lot
10.07 ac (438,649 SF)
Zoning code
CS
APN
18790-03-35-28900
UPID
US69-0517484
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
-
Southwest Trailers & Equipment Auto Repair Shop
-
Great Western Trailer Tulsa, OK Sales-Rentals-Leasing-Parts-Service-Repairs Car Dealership
-
Great Western Trailer Sales Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.41M
Blend (final)
Blend
$5.66M
Owner & transaction history
Swt LLC · 6 yrs held
Swt LLC
since 2019
6 recorded transactions
Zoning & alternative use
CS · Tulsa, OK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$8.7M
+25.3%
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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$6,945,000
Current use
MEDICAL BUILDING
$8,700,000
Change: +25% · Conversion: Difficult
COMMERCIAL (GENERAL)
$6,885,000
Change: -1% · Conversion: Moderate
OFFICE BUILDING
$6,000,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$5.66M
Range $5.09M – $6.23M · ±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
$112 / 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
$32,917
Tax year 2023
Assessed value
$245,190
Assessed 2023
Previous assessed
$245,190
+0.0% YoY
Effective rate
13.43%
On assessed value
Assessed land
$96,503
Assessed improvement
$148,687
Land market value
$877,300
Improvement market value
$1,351,700
Total market value
$2,229,000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1986
Construction
STEEL FRAME
Heating
ZONE
Cooling
YES
Buildings
2
Stories
1
Total area
50,681 SF
Lot
10.07 ac (438,649 SF)
Zoning code
CS
APN
18790-03-35-28900
UPID
US69-0517484
Jurisdiction
TULSA
Zoning & alternative use
CS · Tulsa, OK
Zoning CS · permitted uses
CS · 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
AUTO REPAIR, GARAGE Current
Est. value
$6.9M
MEDICAL BUILDING
Est. value
$8.7M
COMMERCIAL (GENERAL)
Est. value
$6.9M
OFFICE BUILDING
Est. value
$6.0M
AUTO REPAIR, GARAGE Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
1986
Construction
STEEL FRAME
Heating
ZONE
Cooling
Yes
Stories
1
Buildings
2
Lot
10.07 ac
Current owner
From public records · entity-resolved
Swt LLC
Entity
Mailing address
4312 N GEORGIA AVE, OKLAHOMA CITY, OK 73118-2425
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 3, 2020
—
Swt LLC
—
Deed
related
$4,908,675 · Bancfirst
Oct 11, 2019
$2,000,000
Swt LLC
Leasing Dev Ford
Grant Deed
$4,200,000 · Bancfirst
Jan 3, 2011
$2,000,000
Leasing Dev Ford
Ford Investment Ents Corp
Quit Claim Deed
related
—
Jul 26, 2001
—
Ford Investment Corp
Frn Of Tulsa LLC
Quit Claim Deed
related
—
Apr 13, 1998
$4,030,000
Frn Of Tulsa
Thornton Family LLC
Warranty Deed
related
—
Apr 13, 1998
$2,370,000
Frn Of Tulsa
Chalmers Thornton Mgmt Co
Grant Deed
related
$7,000,000 · Ford Motor Credit
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.
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