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Financial
Distress signals
Property profile

6935 E 12Th St Tulsa, OK 74112

FOR LEASE
Flex space
Property ID
US69-2401257
9,840 SF 0.55 ac lot Built 1975
Last sale Jul 2024 · $738,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a 9,840-square-foot industrial warehouse building constructed in 1975, situated in the Sheridan Industrial District on a 0.55± acre site. The facility is steel-constructed and includes a loading dock, four garage doors, and approximately 14-foot clear height. Interior accommodations include office space with a conference room and a kitchen. The property is zoned IP (Industrial Park).

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.

Debts

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?
$4k
Tax billed · 2023
Assessed value$29k
Assessed land$8k
Assessed improvement$21k
Effective rate13.42%

Value estimate

· Oct 2026
$305k
$275k – $336k
CAP approach$730k
Submarket $/SF estimate$536k
NOI build-up
Gross scheduled income$70k
Vacancy & credit loss−$2k
Operating expenses−$20k
NOI · 591,300.00% cap applied$47k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$64/SF
Submarket average, outlier-cleaned · 85 recorded sales of this use type
Observed band · Q1–Q3$26 – $108

Cap rate analysis

How does the asset earn?
591,300.00%
$47k 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?
IM
IM Industrial-Moderate IH Industrial-Heavy Most intensive O, C or I district B. Purposes. 1. General. Office, commercial and industrial z...
General categoryINDUSTRIAL
JurisdictionTULSA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency30.0
Law Firm26.0
Dental Office24.5

Location

6935 E 12Th St Tulsa, OK 74112
County assessor Recorded deeds · 9 transfers 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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6915 14th, Tulsa, OK 74112-6617 $500,000 Aug 2024 8,063 SF
6907 14th, Tulsa, OK 74112-6617 $480,000 Oct 2023 10,256 SF
6749 12th, Tulsa, OK 74112-5606 $403,500 May 2023 9,342 SF
5951 13th, Tulsa, OK 74112-5407 $350,000 May 2022 8,640 SF
6727 12th, Tulsa, OK 74112-5606 $375,000 Mar 2021 9,688 SF
1218 Joplin, Tulsa, OK 74112-5428 $502,500 Oct 2019 9,800 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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