Financial
Distress signals
Property profile

5840 S Memorial Dr Tulsa, OK 74145

FOR SALE
Office buildings
Property ID
US69-0518436
61,118 SF 3.29 ac lot Built 1974
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This office property provides approximately 2,024 square feet of interior space and includes a layout of six offices, a wet bar, a reception area, and a large open work area. The suite is configured with a private entry.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$27k
Tax billed · 2023
Assessed value$200k
Assessed land$72k
Assessed improvement$128k
Effective rate13.42%

Value estimate

· Sep 2026
$4.55M
$4.10M – $5.01M
Submarket $/SF estimate$4.53M
NOI build-up
Gross scheduled income$963k
Vacancy & credit loss−$43k
Operating expenses−$276k
NOI · 21.04% cap applied$644k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$118/SF
Submarket average, outlier-cleaned · 269 recorded sales of this use type
Observed band · Q1–Q3$74 – $177

Cap rate analysis

How does the asset earn?
21.04%
$644k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CS
CS Commercial Shopping CG Commercial General CH Commercial-High CBD Central Business IL Industrial-Light IM Industrial-Moderate IH Indust...
General categoryCOMMERCIAL
JurisdictionTULSA

Location intelligence

Which uses thrive at this corner?
Best fit: Laundry Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundry Service10.1
Pawn Shop9.8
HVAC Service9.7

Location

5840 S Memorial Dr Tulsa, OK 74145
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8141 48th, Tulsa, OK 74145-6906 $3,445,000 Oct 2024 17,938 SF
5550 94th E, Tulsa, OK 74145-8110 $820,000 Jul 2023 8,273 SF
3510 79th E, Tulsa, OK 74145-1337 $125,000 Oct 2021 11,420 SF
8166 44th, Tulsa, OK 74145-4831 $475,000 Sep 2021 11,196 SF
8301 51st, Tulsa, OK 74145-9014 $450,000 Sep 2020 27,360 SF
7407 46th, Tulsa, OK 74145-6305 $340,000 Oct 2018 7,840 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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