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    Property profile & analytics

    7645 E 63Rd St Tulsa, OK 74133

    • Office buildings
    • 156,477 SF
    • 5.23 lot acres
    For Lease
    View listing
    $16 SF/Yr
    Last Sale
    Aug 21, 2020
    $7,200,000
    Value Estimations
    $6,275,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US69-0681070
    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

    • Tetra Tech / Engineering Consultant / Environmental Consultant
    • Scheels Career Center / Sporting Goods Store
    • RB American Group / Corporate Office
    • American Cancer Society / Social Services Organization
    • Edward Jones - Financial Advisor: David Daugherty, CFP® / Finance Broker / Investment Service

    Property Details for 7645 E 63Rd St

    Year built
    1985
    Construction
    CONCRETE
    Lot size
    5.23 lot acres
    Property size
    156,477 SF
    Zone code
    OM
    Property type
    Office buildings
    APN
    43130-83-02-20820
    APU
    43130830220820

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $6,350,000
      ML approach
      $6,610,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $4,390,000
      Market price range: $4.39M - $14.3M

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

    Location Insight

    • Map
    • Local Demand
    City
    Tulsa
    County
    Tulsa
    State
    Oklahoma
    Longitude
    -95.8902
    Latitude
    36.0735
    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
    $124,550
    $220,928
    $706,820
    $927,748
    -
    $2,049,426
    $6,556,774
    $8,606,200

    Comparable in this City

    • Value Estimation
      $285,000
      10,599 SF

      6301 Mingo Rd

      OFFICE BUILDING • 10,599 SF
      6301 Mingo Rd, Tulsa, OK 74133-6319
      View Details
    • Value Estimation
      $230,000
      5,763 SF

      6140 104th E Ave

      OFFICE BUILDING • 5,763 SF
      6140 104th E Ave, Tulsa, OK 74133-1588
      View Details
    • Value Estimation
      $1,500,000
      6,160 SF

      7814 108th St

      OFFICE BUILDING • 6,160 SF
      7814 108th St, Tulsa, OK 74133-7415
      View Details
    • Value Estimation
      $295,000
      8,894 SF

      8336 73rd St

      OFFICE BUILDING • 8,894 SF
      8336 73rd St, Tulsa, OK 74133-2915
      View Details
    • Value Estimation
      $295,000
      11,316 SF

      7614 91st St

      OFFICE BUILDING • 11,316 SF
      7614 91st St, Tulsa, OK 74133-6047
      View Details
    • Value Estimation
      $345,000
      10,086 SF

      7815 92nd St

      OFFICE BUILDING • 10,086 SF
      7815 92nd St, Tulsa, OK 74133
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,164 SF

      South Tulsa Investment Opportunity

      Office building in South Tulsa, great investment opportunity.
      6550 E 71St St, Tulsa, OK 74133
      View Details
    • $3,400,000
      53,132 SF

      South Tulsa Office Building

      Two-story office, medical, and retail building in South Tulsa.
      8321 E 61St St, Tulsa, OK 74133
      View Details
    • Contact for pricing
      4,332 SF

      Tulsa Office/Medical Building For Sale

      Professional office/medical building in Tulsa's Burning Tree Executive Park.
      8137 E 63Rd Pl, Tulsa, OK 74133
      View Details
    • $2,765,000
      11,066 SF

      Tulsa Office Building For Sale

      Office building with 11,066 square feet of space available.
      8308 E 91St St, Tulsa, OK 74133
      View Details
    • Contact for pricing
      10,826 SF

      Tulsa Office Building - Fully Leased

      Prime South Tulsa location, 10,826 sq ft.
      6550 71St St, Tulsa, OK 74133
      View Details
    • Contact for pricing
      3,500 SF

      Move-In Ready Executive Suite

      3,500 SF executive suite, ideal for medical or professional office.
      8126 S Mingo Rd, Tulsa, OK 74133
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr
      5,500 SF

      Post Rock Plaza: Tulsa Executive Suites

      South Tulsa Office & Retail Space Available
      8211 Regal Ct, Tulsa, OK 74133
      View Details
    • $13 SF/Yr
      945 SF

      South Tulsa Office Space Available

      Conveniently located office space for rent in South Tulsa.
      6705-6707 E 81St St, Tulsa, OK 74133
      View Details
    • $18 SF/Yr
      2,370 SF

      Office Space with Creek Turnpike Access

      Office space featuring easy access and monument signage available.
      10106 E 79Th St, Tulsa, OK 74133
      View Details
    • $18 SF/Yr
      2,250 SF

      Office Space with Multiple Entrances

      Office space featuring multiple entrances, conference room, and break room.
      8211 S Regal Blvd, Tulsa, OK 74133
      View Details
    • $16 SF/Yr
      1,470 SF

      Office Space Available For Rent

      Office space featuring offices, kitchen, and reception area.
      8282 S Memorial Dr, Tulsa, OK 74133
      View Details
    • $14 SF/Yr
      1,926 SF

      Office Space For Rent

      Office space available for lease in Tulsa, Oklahoma.
      10032 S Sheridan Rd, Tulsa, OK 74133
      View Details
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    Tulsa, OK 74133
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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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