Back to Search
Property profile & analytics
OFF-MARKET
Medical Office Space
8514 128th E Ave Owasso, OK 74055-6242
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US69-0670765
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1992
Construction
STEEL FRAME
Total area
3,984 SF
Lot
0.42 ac (18,339 SF)
Zoning code
CG
APN
61056-14-29-03750
UPID
US69-0670765
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
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
Kirk Properties LLC · 2 yrs held
Kirk Properties LLC
since 2024
7 recorded transactions
Zoning & alternative use
CG · Owasso, OK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The Residential Mobile Home Park (RMH), Commercial General (CG), Commercial High Intensity (CH), and Industrial Heavy (IH) zoning dis tricts are carried forward from the previous version of this Code and are hereby considered “legacy” districts. All existing lots and uses within these legacy districts are considered legal and conforming, provided that they c…
Zone name
Commercial General
General category
COMMERCIAL
Zone area
276.32 ac
Source
Owasso Zoning Code PDF
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 Owasso submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Owasso 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
$5,729
Tax year 2023
Assessed value
$52,426
Assessed 2023
Previous assessed
$52,426
+0.0% YoY
Effective rate
10.93%
On assessed value
Assessed land
$9,086
Assessed improvement
$43,340
Land market value
$82,600
Improvement market value
$394,000
Total market value
$476,600
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1992
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Stories
1
Total area
3,984 SF
Lot
0.42 ac (18,339 SF)
Zoning code
CG
APN
61056-14-29-03750
UPID
US69-0670765
Jurisdiction
TULSA
Zoning & alternative use
CG · Owasso, OKZoning CG · permitted uses
CG · Owasso, OK
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The Residential Mobile Home Park (RMH), Commercial General (CG), Commercial High Intensity (CH), and Industrial Heavy (IH) zoning dis tricts are carried forward from the previous version of this Code and are hereby considered “legacy” districts. All existing lots and uses within these legacy districts are considered legal and conforming, provided that they conform to the applicable regulations of the prior version of this Code. New developments within a legacy zoning district must adhere to all applicable regulations of this Code. No property may be zoned or rezoned into a legacy zoning district after the date of adoption of this Code. For other previously existing zoning districts that are no longer d escribed in this Code, refer to the zoning district that most closely matches the district in question. The Community Development Director or their designee shall make a determination.
Zone name
Commercial General
General category
COMMERCIAL
Zone area
276.32 ac
Source
Owasso Zoning Code PDF
Building & site characteristics
From public records
Year built
1992
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.42 ac
Current owner
From public records · entity-resolved
Kirk Properties LLC
Entity
Mailing address
8725 EASTIN RDG DR, OWASSO, OK 74055-8098
Ownership since
2024
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 17, 2024
—
Kirk Properties LLC
Kirk Capital LLC
Warranty Deed
—
Sep 5, 2023
—
Kirk Capital LLC
Daren Kirk
Intrafamily Transfer
related
—
Jul 17, 2020
—
Daren L Kirk
—
Deed
related
$467,500 · First Oklahoma Bk
Dec 31, 2014
$325,000
Daren Kirk
Strathe Properties LLC
Warranty Deed
$467,500 · First Oklahoma Bank
May 19, 2009
—
Strathe Clinic LLC
—
Trustees Deed
related
$75,000 · First Bank Of Owasso
Apr 18, 2008
—
Strathe Properties LLC
—
Trustees Deed
related
$50,208 · First Bank Of Owasso
—
—
Strathe Properties LLC
—
Deed Of Trust
related
$50,208 · First Bank Of Owasso
—
—
Strathe Properties LLC
—
Deed Of Trust
related
$64,944 · First Bank Of Owasso
—
—
Daren L Kirk
—
Loan Modification
related
$467,500 · First Oklahoma 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 8514 128th E Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
