Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    8006 101st E Ave Tulsa, OK 74133-4573
    Back to Search
    Property profile & analytics

    8006 101st E Ave, Tulsa, OK 74133-4573

    View on Map
    • Office buildings
    • 5,957 SF
    • 0.36 lot acres
    Off-Market
    Last Sale Sep 6, 2023
    $1,315,000
    Property ID
    US69-0493224
    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.
    Value Estimations
    $1,315,000
    Show details
    Cap Rate Potential
    6.8%
    Office buildings
    Location Intelligence

    Current Use by Public Records

    • Office buildings

    Property Details for 8006 101st E Ave

    Year built
    2010
    Construction
    WOOD FRAME
    Lot size
    0.36 lot acres
    Zone code
    CO
    Property type
    Office buildings
    APN
    77302-84-07-59850
    APU
    77302840759850

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 6, 2023 $1,315,000 Tallgrass 10108 LLC Moriah Joy LLC Warranty Deed $638k · Arvest Bank
    Mar 3, 2020 $1,051,000 Byron Brenneman Luke Medical LLC Warranty Deed —
    Mar 3, 2020 — Moriah Joy LLC Byron Brenneman Warranty Deed · related —
    Apr 6, 2017 $1,113,000 Luke Medical LLC Mahee LLC Warranty Deed —
    Apr 5, 2010 — Mahee LLC — Trustees Deed · related $425k · Arvest Bank
    Jun 2, 2005 $166,500 Mahee LLC Jkj Tallgrass LLC Warranty Deed —
    — — Mahee LLC — Deed Of Trust · related $492k · Arvest Bank
    — — Mahee LLC — Deed Of Trust · related $742k · Arvest Bank
    — — Mahee LLC — Deed Of Trust · related $150k · Arvest Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,310,000
      ML approach
      $1,315,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,480,000
      6.5%
      $1,365,000
      7%
      $1,270,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,012,000
      Market price range: $538k - $1.01M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $805,000
      Current use
      MEDICAL BUILDING
      $1,025,000
      Change: +27% Conversion: Easy
      AUTO REPAIR, GARAGE
      $815,000
      Change: +1% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $810,000
      Change: +0% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Tulsa
    County
    Tulsa
    State
    Oklahoma
    Longitude
    -95.8635
    Latitude
    36.0485
    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
    $15,618
    $20,603
    $95,007
    $115,610
    -
    $187,300
    $863,700
    $1,051,000

    Comparable in this City

    • Value Estimation
      $845,000
      8,648 SF

      8221 63rd Pl

      OFFICE BUILDING
      8221 63rd Pl, Tulsa, OK 74133-2361
      View Details
    • Value Estimation
      $685,000
      4,905 SF

      8002 101st E Ave

      OFFICE BUILDING
      8002 101st E Ave, Tulsa, OK 74133-4562
      View Details
    • Value Estimation by Request
      2,287 SF

      9104 62nd St

      OFFICE BUILDING
      9104 62nd St, Tulsa, OK 74133-6443
      View Details
    • Value Estimation by Request
      5,200 SF

      8118 63rd St

      OFFICE BUILDING
      8118 63rd St, Tulsa, OK 74133-1917
      View Details
    • Value Estimation by Request
      916 SF

      6126 Memorial Dr

      OFFICE BUILDING
      6126 Memorial Dr, Tulsa, OK 74133-1933
      View Details
    • Value Estimation by Request
      6,464 SF

      6315 Memorial Dr

      OFFICE BUILDING
      6315 Memorial Dr, Tulsa, OK 74133-1940
      View Details

    Similar Nearby for Sale

    • $1,350,000
      4,960 SF

      Tulsa Commercial Building For Sale

      Commercial building in Tulsa, Oklahoma available for sale or lease.
      7810 E 108Th St S, Tulsa, OK 74133
      View Details
    • Contact for pricing
      1,771 SF

      Small Office Building For Sale

      Office building on Mingo Rd, Tulsa, with 0.55 AC.
      5880 S Mingo Rd, Tulsa, OK 74133
      View Details
    • Contact for pricing
      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
      12,454 SF

      Tulsa Office Building For Sale

      Professional office building in Tulsa's Sheridan Chase Office Park.
      6911 S 66 Ave E, Tulsa, OK 74133
      View Details
    • Contact for pricing
      12,454 SF

      Tulsa Office Space For Rent

      Office space with easy access and excellent parking.
      6931 S 66 Ave E, Tulsa, OK 74133
      View Details
    • Contact for pricing
      4,998 SF

      Tulsa Office Suites for Lease

      Prime Memorial location, multiple suites available.
      7914 106Th St, Tulsa, OK 74133
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Modern Office Building in Tulsa

      Two-story professional office building in South Tulsa for lease.
      7810 East 108Th St S, Tulsa, OK 74133
      View Details
    • Contact for pricing
      2,000 SF

      Bixby Office Space Available

      Office space featuring reception, offices, restrooms, and break area.
      10462 S 82Nd St, Bixby, OK 74133
      View Details
    • Contact for pricing
      4,086 SF

      Tulsa Office Space Available

      Office space available for rent in Tulsa, Oklahoma.
      7645 E 63Rd St, Tulsa, OK 74133
      View Details
    • Contact for pricing
      2,303 SF

      Office Space with Ample Parking

      Office space featuring open layout, private offices, and breakroom.
      10425 S Regal Blvd, Tulsa, OK 74133
      View Details
    • Sponsored
      Contact for pricing

      PostRock

      Discover many ways to work your way in PostRock
      8211 Regal Pl, Bixby, OK 74133
      View Details
    • Contact for pricing
      1,926 SF

      Office Space For Rent

      Office space available for lease in Tulsa, Oklahoma.
      10032 S Sheridan Rd, Tulsa, OK 74133
      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.
    8006 101st E Ave
    Tulsa, OK 74133-4573
    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

    Thank You for Inquiry
    8006 101st E Ave, Tulsa, OK, 74133
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!