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Property profile & analytics
FOR LEASE
Community centers
8321 E 61St St Tulsa, OK 74133
Entity Owned
6-yr Hold
Free & Clear
Property ID
US69-0188188
For Lease
1 / 2
$7,170/Mo
8321 E 61St St, Tulsa, OK 74133
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Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1985
Construction
STEEL FRAME
Total area
64,154 SF
Lot
10.1 ac (439,869 SF)
Zoning code
CS
APN
76235-93-36-00780
UPID
US69-0188188
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
-
Globe Life American Income Division: Young Organization Insurance Agency
-
All State Financial Services Financial Advisor
-
Med-Staff Oklahoma Employment Agency
-
Jarvis Inc Law Firm Security Service
-
Jason's Deli Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.43M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.32M
Owner & transaction history
Us Acquisition Prop Xill LLC · 6 yrs held
Us Acquisition Prop Xill LLC
since 2020
Last sale
$5.5M
7 recorded transactions
Zoning & alternative use
CS · Tulsa, OK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$8.8M
+90.1%
Commercial (general)
$8.7M
+88.4%
Office building
$8.7M
+87.6%
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
Method
Estimation
Statistic approach
$4,850,000
ML approach
$5,425,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$4,625,000
Current use
AUTO REPAIR, GARAGE
$8,795,000
Change: +90% · Conversion: Difficult
COMMERCIAL (GENERAL)
$8,715,000
Change: +88% · Conversion: Easy
OFFICE BUILDING
$8,675,000
Change: +88% · Conversion: Moderate
RETAIL STORES
$6,975,000
Change: +51% · Conversion: Easy
INDUSTRIAL (GENERAL)
$4,130,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$5.32M
Range $4.79M – $5.85M · ±10% · vs last sale $5.50M (Jun 3 2020)
Last sale anchor
$5.50M
Jun 3 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$83 / SF
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
$63,155
Tax year 2023
Assessed value
$467,500
Assessed 2023
Previous assessed
$489,317
-4.5% YoY
Effective rate
13.51%
On assessed value
Assessed land
$361,174
Assessed improvement
$106,326
Land market value
$3,283,400
Improvement market value
$966,600
Total market value
$4,250,000
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
Community centers
Use group
MINI-MALL
Status
For Lease
Year built
1985
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
AC.PACKAGE
Buildings
2
Stories
2
Total area
64,154 SF
Lot
10.1 ac (439,869 SF)
Zoning code
CS
APN
76235-93-36-00780
UPID
US69-0188188
Jurisdiction
TULSA
Zoning & alternative use
CS · Tulsa, OK
Zoning CS · permitted uses
CS · 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.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$4.6M
AUTO REPAIR, GARAGE
Est. value
$8.8M
COMMERCIAL (GENERAL)
Est. value
$8.7M
OFFICE BUILDING
Est. value
$8.7M
RETAIL STORES
Est. value
$7.0M
INDUSTRIAL (GENERAL)
Est. value
$4.1M
NEIGHBORHOOD: SHOPPING CENTER Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
OFFICE BUILDING
RETAIL STORES
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1985
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
Yes
Stories
2
Buildings
2
Lot
10.1 ac
Current owner
From public records · entity-resolved
Us Acquisition Prop Xill LLC
Entity
Free & Clear · 6 yrs held
Mailing address
8110 E UN AVE STE #700, DENVER, CO 80237-2966
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 3, 2020
—
Us Acquisition Prop Xill LLC
Us Acquisition Prop Xill LLC
Correction Deed
related
—
Feb 27, 2020
$5,500,000
Core Eton Square LLC
Acquisition Property Xiii LLC
Grant Deed
$3,740,000 · Arvest Mtg
Jan 28, 2020
—
Us Acquisition Prop Xill LLC
Us Acquisition Prop Xill LLC
Quit Claim Deed
related
—
Jul 8, 2016
—
Us Acquisition Prop Xiii LLC
—
Deed
related
$15,268,891 · Pacific Wstrn Bk
May 8, 2015
—
Pacific Wstrn Bk
Treasurer Of Tulsa County
Tax Deed
related
—
Sep 14, 2009
—
Eton Square Tci
—
Trustees Deed
related
$9,352,512 · Bank Of The West
—
—
Eton Square Tci
—
Deed Of Trust
related
$9,634,237 · Bank Of The West
—
—
Us Acquisition Prop Xiii LLC
—
Deed Of Trust
related
$14,263 · Pacific Wstrn Bk
—
—
Us Acquisition Prop Xiii LLC
—
Loan Modification
related
$15,268,891 · Pacific Wstrn Bk
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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