New search
Property profile & analytics
OFF-MARKET
Estimated value
$755,000
Flex space
5615 Mingo Rd, Tulsa, OK 74117-4002
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US69-0017996
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1984
Construction
STEEL FRAME
Total area
20,000 SF
Lot
2.09 ac (90,866 SF)
Zoning code
IM
APN
57525-04-06-00670
UPID
US69-0017996
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
-
Slim Haney Machining Inc Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$755k
Owner & transaction history
Ok Construction Equipment LLC · 14 yrs held
Ok Construction Equipment LLC
since 2011
7 recorded transactions
Zoning & alternative use
IM · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$38 / 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
$8,915
Tax year 2023
Assessed value
$78,858
Assessed 2023
Previous assessed
$71,080
+10.9% YoY
Effective rate
11.31%
On assessed value
Assessed land
$4,343
Assessed improvement
$74,515
Land market value
$90,900
Improvement market value
$1,559,600
Total market value
$1,650,500
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1984
Construction
STEEL FRAME
Heating
ZONE
Cooling
YES
Buildings
2
Stories
1
Total area
20,000 SF
Lot
2.09 ac (90,866 SF)
Zoning code
IM
APN
57525-04-06-00670
UPID
US69-0017996
Jurisdiction
TULSA
Zoning & alternative use
IM · Tulsa, OK
Zoning IM · permitted uses
IM · 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
1984
Construction
STEEL FRAME
Heating
ZONE
Cooling
Yes
Stories
1
Buildings
2
Lot
2.09 ac
Current owner
From public records · entity-resolved
Ok Construction Equipment LLC
Entity
Mailing address
5615 N MINGO RD, TULSA, OK 74117-4002
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 4, 2020
—
Box Companies INC
—
Deed
related
$977,674 · Bancfirst
Nov 18, 2016
—
Box Companies INC
—
Deed
related
$550,000 · Bancfirst
May 10, 2012
—
Ok Construction Equipment LLC
—
Trustees Deed
related
$239,595 · Avb Bank
Dec 29, 2011
$50,000
Ok Construction Equipment LLC
Box Companies INC
Warranty Deed
—
Dec 29, 2011
—
Box Companies INC
Box Companies INC
Quit Claim Deed
related
—
Jan 18, 2006
$550,000
Box Companies INC
Eastern Etching & Mfg
Warranty Deed
$649,350 · Security Bank
—
—
Box Companies INC
—
Deed Of Trust
related
$485,000 · Bancfirst
—
—
Box Companies INC
—
Loan Modification
related
$550,000 · Bancfirst
—
—
Box Companies INC
—
Loan Modification
related
$977,674 · Bancfirst
—
—
Box Companies INC
—
Deed Of Trust
related
$1,280,000 · Citizens Security Bank & Trust
—
—
Box Companies INC
—
Deed Of Trust
related
$299,000 · Small Business Capital Corp
—
—
Box Companies INC
—
Deed Of Trust
related
$342,500 · Citizens Security Bank & Trust
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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