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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    715 Main St Jenks, OK 74037-3554

    • Community centers
    • 19,440 SF
    • 1.81 lot acres
    OFF-MARKET
    Last Sale
    Jun 20, 2023
    $2,465,000
    Value Estimations
    $2,425,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US69-0729769
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Dr. Lisa Hart / Pediatrician
    • Eveta Dinges / Nurse Practitioner
    • Jenna Musgrove / General Practitioner / Physician Assistant
    • Steven L. Vaughn PhD LLC / Homeopathic Pharmacy
    • Donna Mosier / Nurse Practitioner / Registered General Nurse

    Property Details for 715 Main St

    Year built
    1974
    Construction
    WOOD FRAME
    Lot size
    1.81 lot acres
    Property size
    19,440 SF
    Zone code
    CG
    Property type
    Community centers
    APN
    60760-82-24-21200
    APU
    60760822421200

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $2,410,000
      ML approach
      $2,365,000

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $3,590,000
      AUTO REPAIR, GARAGE
      $3,410,000
      COMMERCIAL (GENERAL)
      $2,980,000
      OFFICE BUILDING
      $2,260,000
      RETAIL STORES
      $2,115,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Jenks
    County
    Tulsa
    State
    Oklahoma
    Longitude
    -95.978
    Latitude
    36.0233
    CBSA code
    46140
    CBSA name
    TULSA, OK METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $17,531
    $30,393
    $104,357
    $134,750
    -
    $276,300
    $948,700
    $1,225,000

    Comparable in this City

    • Value Estimation
      $795,000
      7,920 SF

      404 Elm St

      MINI-MALL • 7,920 SF
      404 Elm St, Jenks, OK 74037-3766
      View Details
    • Value Estimation
      $1,295,000
      13,474 SF

      11476 Un Ave

      SHOPPING CENTER, STRIP CENTER • 13,474 SF
      11476 Un Ave, Jenks, OK 74037-6909
      View Details
    • Value Estimation
      $1,660,000
      19,250 SF

      329 Elm St

      SHOPPING CENTER, STRIP CENTER • 19,250 SF
      329 Elm St, Jenks, OK 74037-3764
      View Details
    • Value Estimation by Request
      7,920 SF

      620 Main St

      SHOPPING CENTER, STRIP CENTER • 7,920 SF
      620 Main St, Jenks, OK 74037-3517
      View Details
    • Value Estimation by Request
      11,400 SF

      11462 Un Ave

      SHOPPING CENTER, STRIP CENTER • 11,400 SF
      11462 Un Ave, Jenks, OK 74037-6901
      View Details
    • Value Estimation
      $2,225,000
      23,307 SF

      161 Riverfront Dr, Unit 200

      SHOPPING CENTER, STRIP CENTER • 23,307 SF
      161 Riverfront Dr, Jenks, OK 74037-5659
      View Details

    Similar Nearby for Sale

    • $3,900,000
      180,774 SF

      Prime Jenks Outlot: 4.15 Acres

      Exceptional Jenks retail opportunity. High visibility, adjacent to major outlet mall.
      802 E. Outlet Drive, Jenks, OK 74037
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    • $774,000
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      Modern Retail-Office Property in Jenks

      Prime retail-office property in downtown Jenks with expansion potential.
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    • $9,120,000
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      Frontier Justice Retail Investment

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    • Contact for pricing
      73.30 Acres

      Jenks, OK Development Land

      73 Acres, Hwy 75 Visibility
      2209 121St St, Jenks, OK 74037
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    • $1,140,000
      70,757 SF

      Commercial Land in Jenks, Oklahoma

      Commercial land available in a vibrant Jenks location.
      2900 W Main St, Jenks, OK 74037
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    • Contact for pricing

      Land with Highway Visibility

      Land with signaled access and high visibility near Highway 75.
      2209 W 121St St S, Jenks, OK 74037
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    Similar Nearby for Lease

    • $18 SF/Yr
      1,401 SF

      Retail Space in Jenks

      Retail space available with ample parking and on-site management.
      500 Riverwalk Ter, Jenks, OK 74037
      View Details
    • $13 SF/Yr
      2,650 SF

      Retail Property with Drive-Thru

      Retail property featuring a drive-thru and high visibility.
      13100 S Elwood Ave, Jenks, OK 74037
      View Details
    • Contact for pricing
      33,600 SF

      Warehouse with Highway Access

      33,600 SF warehouse with convenient highway access.
      3014 W Main St, Jenks, OK 74037
      View Details
    • $11 SF/Yr
      5,000 SF

      Retail Showroom with Warehouse Space

      5,000 SF retail showroom with warehouse for lease.
      1006 W Main St, Jenks, OK 74037
      View Details
    • $20 SF/Yr
      1,590 SF

      Retail Space with Highway Visibility

      Retail space with excellent visibility and easy highway access.
      11476 S Union Ave, Jenks, OK 74037
      View Details
    • $39 SF/Yr
      5,300 SF

      Prime Retail Space in Jenks

      Retail or restaurant space in prime Jenks Main Street location.
      105 W Main St, Jenks, OK 74037
      View Details
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    715 Main St
    Jenks, OK 74037-3554
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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