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Property profile & analytics
OFF-MARKET
Specialty properties
5920 Owasso Ave Tulsa, OK 74126-2317
Individually Owned
6-yr Hold
Free & Clear
Property ID
US69-0138840
Property profile
Verified
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Year built
1952
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,841 SF
Lot
0.48 ac (20,996 SF)
Zoning code
RS
APN
54375-02-01-08410
UPID
US69-0138840
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
-
A Third Place Community Foundation Church
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
William Reed · 6 yrs held
William Reed
since 2019
7 recorded transactions
Zoning & alternative use
RS · Tulsa, OK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
RS-1 Residential Single-family 1 ↑ RS-2 Residential Single-family 2 RS-3 Residential Single-family 3 RS-4 Residential Single-family 4 RS-5 Residential Single-family 5 RD Residential Duplex RT Residential Townhouse RM-0 Residential Multi-family 0 RM-1 Residential Multi-family 1 RM-2 Residential Multi-family 2 RM-3 Residential Multi-family 3 Most intensive "R"…
Zone name
Residential Single Family
General category
RESIDENTIAL
Zone area
51.20 ac
Source
code of ordinances
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
—
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
$500
Tax year 2023
Assessed value
$4,422
Assessed 2023
Previous assessed
$4,422
+0.0% YoY
Effective rate
11.31%
On assessed value
Assessed land
$2,310
Assessed improvement
$2,112
Land market value
$21,000
Improvement market value
$19,200
Total market value
$40,200
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
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Status
Off-Market
Year built
1952
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
ZONE
Cooling
YES
Stories
2
Total area
3,841 SF
Lot
0.48 ac (20,996 SF)
Zoning code
RS
APN
54375-02-01-08410
UPID
US69-0138840
Jurisdiction
TULSA
Zoning & alternative use
RS · Tulsa, OKZoning RS · permitted uses
RS · Tulsa, OK
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
RS-1 Residential Single-family 1 ↑ RS-2 Residential Single-family 2 RS-3 Residential Single-family 3 RS-4 Residential Single-family 4 RS-5 Residential Single-family 5 RD Residential Duplex RT Residential Townhouse RM-0 Residential Multi-family 0 RM-1 Residential Multi-family 1 RM-2 Residential Multi-family 2 RM-3 Residential Multi-family 3 Most intensive "R" district RMH Residential Manufactured Housing RMH not included in relative intensity scale B. Purposes. Residential zoning districts are primarily intended to create, maintain and promote a variety of housing opportunities for individual households and to maintain and promote the desired physical character of existing and developing neighborhoods. While the districts primarily accommodate residential uses, some nonresidential uses are also allowed. The various R district are primarily differentiated on the basis of allowed building types, density and lot and building regulations.
Zone name
Residential Single Family
General category
RESIDENTIAL
Zone area
51.20 ac
Source
code of ordinances
Building & site characteristics
From public records
Year built
1952
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
ZONE
Cooling
Yes
Stories
2
Lot
0.48 ac
Current owner
From public records · entity-resolved
William Reed
Individual
Free & Clear · 6 yrs held
Mailing address
5910 N OWASSO AVE, TULSA, OK 74126-2317
Mailing matches property
Yes
Owner-occupied
Yes
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 22, 2019
$10,000
William Reed
A Third Place Cmnty Foun
Warranty Deed
—
Dec 9, 2010
$73,500
A Third Place Community Foun
Onb Bk & Trust Co
Grant Deed
$67,169 · Spiritbank NA
Mar 17, 2008
—
Onb Bank & Trust Co
Sheriff Of Tulsa County
Trustees Deed
related
—
Feb 15, 2006
$150,000
Joyful Times Ministries INC
Zion Fellowship Living Waters Churc
Warranty Deed
$121,215 · Community Bank & Trust Co
Oct 26, 2004
—
Zion Fellowship Ministries INC
Zion Child Care & Learning Cen
Quit Claim Deed
related
$359,454 · Community Bank & Trust Co
Mar 31, 1998
$15,000
Zion Fellowship Living Waters
Oklahoma Indian Missionary Con
Warranty Deed
related
—
—
—
Zion Fellowship Ministries INC
—
Deed Of Trust
related
$30,292 · Community Bank & Trust Co
—
—
A Third Place Community Foun
—
Loan Modification
related
—
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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