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Property profile & analytics
OFF-MARKET
Estimated value
$2,245,000
Office buildings
8522 61st St Tulsa, OK 74133-1916
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US69-0613946
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1981
Construction
WOOD FRAME
Total area
20,790 SF
Lot
2 ac (87,120 SF)
Zoning code
OM
APN
75250-83-01-29390
UPID
US69-0613946
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
-
Executives Title & Escrow Title Company
-
Oklahoma Real Estate Academy Vocational School Training Center
-
Parker, Bryning, and Richardson Law Firm
-
Commission Express Financial Advisor
-
Ashton Marie Photography Wedding Service Photography Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.53M
Blend (final)
Blend
$2.25M
Owner & transaction history
Sapaloopa Investments LLC · 7 yrs held
Sapaloopa Investments LLC
since 2019
7 recorded transactions
Zoning & alternative use
OM · Tulsa, OK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$3.6M
+27.0%
Auto repair, garage
$2.9M
+1.4%
Commercial (general)
$2.8M
+0.5%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,810,000
Current use
MEDICAL BUILDING
$3,570,000
Change: +27% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,850,000
Change: +1% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,825,000
Change: +0% · Conversion: Easy
RETAIL STORES
$2,260,000
Change: -20% · Conversion: Moderate
Blend value · Realmo final
$2.25M
Range $2.02M – $2.47M · ±10%
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
$108 / 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
$34,178
Tax year 2023
Assessed value
$253,000
Assessed 2023
Previous assessed
$253,000
+0.0% YoY
Effective rate
13.51%
On assessed value
Assessed land
$88,638
Assessed improvement
$164,362
Land market value
$805,800
Improvement market value
$1,494,200
Total market value
$2,300,000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1981
Construction
WOOD FRAME
Heating
ZONE
Cooling
YES
Stories
2
Total area
20,790 SF
Lot
2 ac (87,120 SF)
Zoning code
OM
APN
75250-83-01-29390
UPID
US69-0613946
Jurisdiction
TULSA
Zoning & alternative use
OM · Tulsa, OK
Zoning OM · permitted uses
OM · 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
OFFICE BUILDING Current
Est. value
$2.8M
MEDICAL BUILDING
Est. value
$3.6M
AUTO REPAIR, GARAGE
Est. value
$2.9M
COMMERCIAL (GENERAL)
Est. value
$2.8M
RETAIL STORES
Est. value
$2.3M
OFFICE BUILDING Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RETAIL STORES
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
1981
Construction
WOOD FRAME
Heating
ZONE
Cooling
Yes
Stories
2
Lot
2 ac
Current owner
From public records · entity-resolved
Sapaloopa Investments LLC
Entity
Mailing address
8522 E 61ST ST, TULSA, OK 74133-1916
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 27, 2025
—
Sapaloopa Investments LLC
—
Deed
related
$301,990 · Triad Bank
Feb 8, 2024
—
Sapaloopa Investments LLC
—
Deed
related
$665,913 · Triad Bank NA
May 16, 2019
$2,300,000
Sapaloopa Investments LLC
8522 East 61st Street LLC
Warranty Deed
$1,713,539 · Triad Bank NA
Nov 22, 2005
$1,740,000
8522 East 61st Street LLC
Madrona Investment Co LLC
Grant Deed
—
Jan 31, 2003
$1,550,000
Madrona Investment Co LLC
Baker Trust Partnership
Grant Deed
$1,250,000 · Midfirst Bank State Savings Bk
—
—
8522 E 61st Street LLC
—
Loan Modification
related
$1,536,747 · Arvest Bank
—
—
8522 E 61st Street LLC
—
Deed Of Trust
related
$490,000 · Arvest Bank
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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