Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    7717 11th St Tulsa, OK 74112-5717

    • Auto shops
    • 3,750 SF
    • 0.31 lot acres
    OFF-MARKET
    Value Estimations
    $285,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US69-2327984
    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

    • All Heart Automotive / Auto Repair Shop
    • Top Shelf Auto Repair / Auto Repair Shop / Car Repair And Maintenance Service
    • Route 66 Automotive Group LLC / Auto Repair Shop

    Property Details for 7717 11th St

    Year built
    1995
    Construction
    STEEL FRAME
    Lot size
    0.31 lot acres
    Property size
    3,750 SF
    Zone code
    CH
    Property type
    Auto shops
    APN
    99302-93-02-23960
    APU
    99302930223960

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $275,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $417,000
      Market price range: $260k - $914k
      AI Estimate
      $334,000
      Market price range: $223k - $618k

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

    Location Insight

    • Map
    • Local Demand
    City
    Tulsa
    County
    Tulsa
    State
    Oklahoma
    Longitude
    -95.8901
    Latitude
    36.1486
    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
    $4,145
    $4,477
    $26,400
    $30,877
    -
    $40,700
    $240,000
    $280,700

    Comparable in this City

    • Value Estimation
      $240,000
      1,456 SF

      7129 11th St

      AUTO REPAIR, GARAGE • 1,456 SF
      7129 11th St, Tulsa, OK 74112-4623
      View Details
    • Value Estimation by Request
      2,760 SF

      1207 Harvard Ave

      AUTO REPAIR, GARAGE • 2,760 SF
      1207 Harvard Ave, Tulsa, OK 74112-4915
      View Details
    • Value Estimation
      $730,000
      7,740 SF

      1220 Memorial Dr

      AUTO REPAIR, GARAGE • 7,740 SF
      1220 Memorial Dr, Tulsa, OK 74112-6005
      View Details
    • Value Estimation
      $265,000
      8,750 SF

      5720 11th St

      AUTO REPAIR, GARAGE • 8,750 SF
      5720 11th St, Tulsa, OK 74112-2919
      View Details
    • Value Estimation
      $220,000
      3,298 SF

      5711 11th St

      AUTO REPAIR, GARAGE • 3,298 SF
      5711 11th St, Tulsa, OK 74112-2918
      View Details
    • Value Estimation
      $265,000
      8,400 SF

      231 85th E Ave

      AUTO REPAIR, GARAGE • 8,400 SF
      231 85th E Ave, Tulsa, OK 74112-2305
      View Details

    Similar Nearby for Sale

    • $390,000
      984 SF

      Route 66 Automobile Service

      Remodeled commercial property on historical Route 66 in Tulsa.
      4216 E 11Th St, Tulsa, OK 74112
      View Details
    • Contact for pricing
      2,208 SF

      Retail Space Ideal for Car Lot

      Commercial space in Tulsa, OK, suitable for a car lot.
      5742 E 11Th St, Tulsa, OK 74112
      View Details
    • $225,000
      1,200 SF

      Restaurant Opportunity on High-Traffic Intersection

      Restaurant building with equipment included on a high-traffic intersection.
      601 S Sheridan Rd, Tulsa, OK 74112
      View Details
    • $415,000
      2,425 SF

      Turn-Key Dispensary & Restaurant Opportunity

      Versatile commercial property with dispensary and restaurant potential in Tulsa.
      432 S Sheridan Rd, Tulsa, OK 74112
      View Details
    • $699,000
      11,133 SF

      Tulsa Office Building - 11,133 SF

      Prime Tulsa office space, 0.94 acres, $699,000.
      8740 11Th St, Tulsa, OK 74112
      View Details
    • $1,250,000
      17,518 SF

      Tulsa Industrial Shop and Office

      Commercial shop and office building with functional layout and strong access.
      6923 E 14Th St, Tulsa, OK 74112
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      4,115 SF

      Prime Tulsa Retail Space Available

      High-traffic retail space, 2,254 sq ft.
      1902 Harvard Ave, Tulsa, OK 74112
      View Details
    • $1,695,000
      3,200 SF

      Remodeled Retail Space For Rent

      Recently remodeled retail space in thriving Midtown/Cherry Street area.
      1517 S Harvard Ave, Tulsa, OK 74112
      View Details
    • $15 SF/Yr
      2,254 SF

      Retail Space on High Traffic Corridor

      Retail space with excellent frontage and abundant parking available for rent.
      1902-1916 S Harvard Ave, Tulsa, OK 74112
      View Details
    • $7 SF/Yr
      12,060 SF

      Retail Space on Memorial Drive

      Large retail space in revitalizing area with ample parking.
      907 S Memorial Dr, Tulsa, OK 74112
      View Details
    • Contact for pricing
      1,800 SF

      Retail Space on Memorial Drive

      Retail suites with frontage on Memorial, great location and visibility.
      8922 S Memorial Dr, Tulsa, OK 74112
      View Details
    • $25 SF/Yr
      2,500 SF

      Retail Space on Memorial Drive

      Retail space available in high-traffic Tulsa location.
      7150 S Memorial Dr, Tulsa, OK 74112
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7717 11th St
    Tulsa, OK 74112-5717
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.