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Property profile & analytics
FOR SALE
Turn key restaurants
6116 W 41St St, Tulsa, OK 74107
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US69-0185253
For Sale
1 / 2
$680,000
6116 W 41St St, Tulsa, OK 74107
View Listing →
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2004
Construction
STEEL FRAME
Total area
2,130 SF
Lot
0.71 ac (30,753 SF)
Zoning code
CS
APN
57000-92-29-02147
UPID
US69-0185253
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
-
Simple Simon's Pizza Restaurant
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
Rjd Properties LLC · 9 yrs held
Rjd Properties LLC
since 2016
7 recorded transactions
Zoning & alternative use
CS · 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
—
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
$7,571
Tax year 2023
Assessed value
$66,770
Assessed 2023
Previous assessed
$66,770
+0.0% YoY
Effective rate
11.34%
On assessed value
Assessed land
$10,835
Assessed improvement
$55,935
Land market value
$98,500
Improvement market value
$508,500
Total market value
$607,000
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
Turn key restaurants
Use group
RESTAURANT
Status
For Sale
Year built
2004
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
2,130 SF
Lot
0.71 ac (30,753 SF)
Zoning code
CS
APN
57000-92-29-02147
UPID
US69-0185253
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.
Building & site characteristics
From public records
Year built
2004
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.71 ac
Current owner
From public records · entity-resolved
Rjd Properties LLC
Entity
Mailing address
12175 S YUKON AVE, GLENPOOL, OK 74033-6621
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
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
May 3, 2017
—
Rjd Properties LLC
—
Deed
related
$550,000 · The Bank
Mar 16, 2017
—
Rjd Properties LLC
—
Deed
related
$442,000 · Peoples Bk
Nov 9, 2016
$349,000
Rjd Properties LLC
Bank Of Commerce
Grant Deed
$413,278 · Peoples Bk
Feb 19, 2015
—
Bank Of Commerce
Sheriff Of Tulsa County|taco Miko INC
Trustees Deed
related
—
May 1, 2008
$588,000
Taco Miko INC
T & C Robbins LLC
Warranty Deed
$563,178 · Bank Of Commerce
Jan 19, 2005
$10,000
T & C Robbins LLC
Robbins,tommy & Catherine
Quit Claim Deed
related
$360,000 · American Heritage Bank
Aug 24, 2004
$98,500
Tommy Robbins
Smith,daniel W JR & Tina S
Grant Deed
$98,431 · American Heritage Bank
—
—
Rjd Properties LLC
—
Loan Modification
related
$442,000 · Peoples Bk
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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