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Property profile & analytics
OFF-MARKET
Warehouses
7711 38th St, Tulsa, OK 74145-3210
Entity Owned
9-yr Hold
Free & Clear
Property ID
US69-0060800
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1960
Construction
STEEL FRAME
Total area
2,200 SF
Lot
2.78 ac (121,097 SF)
Zoning code
IL
APN
99323-93-23-33090
UPID
US69-0060800
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
-
Locker Storage Midtown Tulsa Storage Facility
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
Peyday Realty LLC · 9 yrs held
Peyday Realty LLC
since 2016
7 recorded transactions
Zoning & alternative use
IL · 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
$23,335
Tax year 2023
Assessed value
$173,818
Assessed 2023
Previous assessed
$165,540
+5.0% YoY
Effective rate
13.42%
On assessed value
Assessed land
$21,384
Assessed improvement
$152,434
Land market value
$242,000
Improvement market value
$1,725,100
Total market value
$1,967,100
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1960
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Buildings
8
Stories
1
Units
44
Total area
2,200 SF
Lot
2.78 ac (121,097 SF)
Zoning code
IL
APN
99323-93-23-33090
UPID
US69-0060800
Jurisdiction
TULSA
Zoning & alternative use
IL · Tulsa, OK
Zoning IL · permitted uses
IL · 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
1960
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
8
Units
44
Lot
2.78 ac
Current owner
From public records · entity-resolved
Peyday Realty LLC
Entity
Free & Clear · 9 yrs held
Mailing address
PO BOX 1472, JENKS, OK 74037-1472
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
Jul 6, 2023
—
Peyday Realty LLC
—
Deed
related
$1,140,000 · Arvest Bank
Nov 14, 2016
—
Peyday Realty LLC
Peyday Realty LLC
Quit Claim Deed
related
—
Aug 8, 2016
$1,300,000
Peyday Realty LLC
Key Ventures LLC
Warranty Deed
$1,040,000 · Arvest Mtg
Aug 8, 2016
—
Key Ventures LLC
A Safe Place Mini Storage INC
Quit Claim Deed
related
—
Feb 28, 2012
$1,325,000
Key Ventures LLC
A Safe Place Mini Storage INC
Warranty Deed
$402,000 · Midfirst Bank
Dec 11, 2008
$600,000
A Safe Place Mini Storage INC
Morrison Nancy C Trust
Grant Deed
$480,000 · American Heritage Bank
Aug 20, 2001
—
Morrison,tr
Morrison,nancy C & Michael S
Quit Claim Deed
related
—
—
—
Key Ventures LLC
—
Deed Of Trust
related
$418,000 · Tulsa Economic Dev Corp
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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