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Property profile & analytics
OFF-MARKET
Estimated value
$61,670,000
Office buildings
6929 Lakewood Ave, Tulsa, OK 74117-1808
Entity Owned
Absentee Owner
Free & Clear
Property ID
US69-0482873
Property summary
AI-generated overview
This exceptional Tulsa County office campus, the Verizon Cherokee Campus, offers up to 366,345 square feet of contiguous, leasable space within its 860,000-square-foot total. The property features five distinct modules connected by interior corridors, providing convenient access to ample campus amenities. A centrally located visitor entrance and abundant surrounding parking enhance accessibility. The campus boasts large floor plates, promoting efficient business operations, with individual floors exceeding 65,000 square feet. The minimum divisible space is 29,325 square feet, offering flexibility for various business needs. Located at 6929 N Lakewood Ave, Tulsa, OK 74117, this executive office space presents a prime opportunity. The entire 366,345 square feet is currently vacant and available. Existing furniture may be available for lease. This property is ideal for businesses seeking a prestigious and functional workspace in a well-maintained campus setting. Contact us to learn more about leasing options and explore the potential of this remarkable Tulsa office space.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1985
Construction
CONCRETE
Total area
614,568 SF
Lot
50 ac (2,178,000 SF)
Zoning code
IM
APN
61049-13-34-10410
UPID
US69-0482873
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
-
Verizon Corporate Office
-
ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$72.77M
Blend (final)
Blend
$61.67M
Owner & transaction history
MCI WORLDCOM NETWORK SERVICES ATT PROPERTY TAX C23
MCI WORLDCOM NETWORK SERVICES ATT PROPERTY TAX C23
Zoning & alternative use
IM · Tulsa, OK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$84.2M
+15.8%
Commercial (general)
$83.5M
+14.7%
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
OFFICE BUILDING
$72,770,000
Current use
AUTO REPAIR, GARAGE
$84,245,000
Change: +16% · Conversion: Difficult
COMMERCIAL (GENERAL)
$83,495,000
Change: +15% · Conversion: Easy
RETAIL STORES
$66,840,000
Change: -8% · Conversion: Moderate
Blend value · Realmo final
$61.67M
Range $55.50M – $67.84M · ±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
$100 / 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
Land market value
$860,800
Improvement market value
$54,139,200
Total market value
$55,000,000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1985
Construction
CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
2
Total area
614,568 SF
Lot
50 ac (2,178,000 SF)
Zoning code
IM
APN
61049-13-34-10410
UPID
US69-0482873
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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$72.8M
AUTO REPAIR, GARAGE
Est. value
$84.2M
COMMERCIAL (GENERAL)
Est. value
$83.5M
RETAIL STORES
Est. value
$66.8M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RETAIL STORES
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
1985
Construction
CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
2
Buildings
2
Lot
50 ac
Current owner
From public records · entity-resolved
MCI WORLDCOM NETWORK SERVICES ATT PROPERTY TAX C23
Individual
Free & Clear · 0 yrs held
Mailing address
22001 LOUDOUN COUNTY PKWY, ASHBURN, VA 20147-6122
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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