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Property profile & analytics
OFF-MARKET
Estimated value
$3,900,000
Warehouses
6031 129th E Ave, Tulsa, OK 74134-6704
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US69-0586379
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2008
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
59,468 SF
Lot
4.86 ac (211,745 SF)
Zoning code
IL
APN
76255-94-33-68760
UPID
US69-0586379
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.42M
Blend (final)
Blend
$3.90M
Owner & transaction history
Csbg LLC · 6 yrs held
Csbg LLC
since 2020
7 recorded transactions
Zoning & alternative use
IL · Tulsa, OK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$6.5M
+77.6%
Neighborhood: shopping center
$4.3M
+17.7%
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
WAREHOUSE, STORAGE
$3,640,000
Current use
RETAIL STORES
$6,470,000
Change: +78% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$4,290,000
Change: +18% · Conversion: Moderate
Blend value · Realmo final
$3.90M
Range $3.51M – $4.29M · ±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
$66 / 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
$45,803
Tax year 2023
Assessed value
$339,053
Assessed 2023
Previous assessed
$339,053
+0.0% YoY
Effective rate
13.51%
On assessed value
Assessed land
$88,000
Assessed improvement
$251,053
Land market value
$800,000
Improvement market value
$2,282,300
Total market value
$3,082,300
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2008
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
ZONE
Cooling
YES
Stories
1
Total area
59,468 SF
Lot
4.86 ac (211,745 SF)
Zoning code
IL
APN
76255-94-33-68760
UPID
US69-0586379
Jurisdiction
TULSA
Zoning & alternative use
IL · Tulsa, OK
Zoning IL · permitted uses
IL · 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
WAREHOUSE, STORAGE Current
Est. value
$3.6M
RETAIL STORES
Est. value
$6.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.3M
WAREHOUSE, STORAGE Current
RETAIL STORES
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
2008
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
ZONE
Cooling
Yes
Stories
1
Lot
4.86 ac
Current owner
From public records · entity-resolved
Csbg LLC
Entity
Free & Clear · 6 yrs held
Mailing address
111 S ELGIN AVE, TULSA, OK 74120-1816
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
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 25, 2020
—
Csbg LLC
Raymond A Miller
Correction Deed
related
—
Jul 11, 2018
$853,500
Beaverdale Investments LLC
Sdt LLC
Grant Deed
—
Jul 2, 2014
$3,088,000
Csbg LLC
Miller,raymond A JR & Christine R
Grant Deed
—
Jul 2, 2014
—
Sdt LLC
Southcor Developers LLC
Grant Deed
related
—
May 23, 2008
$3,599,000
Southcor Developers LLC
61st Street Dev LLC
Grant Deed
$3,600,000 · F & M Bank & Trust Co
Aug 21, 2007
$800,000
61st Street Development LLC
Kansas City Life Insurance
Grant Deed
$4,000,000 · F & M Bank & Trust Co
—
—
Csbg LLC
—
Loan Modification
related
$3,100,000 · Arvest Mtg
—
—
Csbg LLC
—
Loan Modification
related
$2,381,922 · Arvest Mtg
—
—
Southcor Developers LLC
—
Deed Of Trust
related
$3,100,000 · Arvest Mtg
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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