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Property profile & analytics
OFF-MARKET
Estimated value
$3,530,000
Outlet malls
9027 71st St Tulsa, OK 74133-3123
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US69-0012030
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1992
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
31,476 SF
Lot
3.47 ac (151,327 SF)
Zoning code
CS
APN
77730-83-01-77397
UPID
US69-0012030
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
-
Shawarma Street Restaurant
-
Ashley Store Furniture & Home Goods Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.38M
Blend (final)
Blend
$3.53M
Owner & transaction history
Harbor Freight Tools USA INC · 5 yrs held
Harbor Freight Tools USA INC
since 2021
Last sale
$4.2M
7 recorded transactions
Zoning & alternative use
CS · Tulsa, OK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$5.4M
+57.9%
Auto repair, garage
$4.3M
+26.0%
Commercial (general)
$4.3M
+24.9%
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
RETAIL STORES
$3,425,000
Current use
MEDICAL BUILDING
$5,405,000
Change: +58% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,315,000
Change: +26% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,275,000
Change: +25% · Conversion: Easy
OFFICE BUILDING
$4,255,000
Change: +24% · Conversion: Easy
Blend value · Realmo final
$3.53M
Range $3.18M – $3.88M · ±10% · vs last sale $4.20M (Aug 1 2024)
Last sale anchor
$4.20M
Aug 1 2024
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
$112 / 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
$44,580
Tax year 2023
Assessed value
$330,000
Assessed 2023
Previous assessed
$323,400
+2.0% YoY
Effective rate
13.51%
On assessed value
Assessed land
$166,463
Assessed improvement
$163,537
Land market value
$1,513,300
Improvement market value
$1,486,700
Total market value
$3,000,000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1992
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
AC.PACKAGE
Stories
1
Total area
31,476 SF
Lot
3.47 ac (151,327 SF)
Zoning code
CS
APN
77730-83-01-77397
UPID
US69-0012030
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
RETAIL STORES Current
Est. value
$3.4M
MEDICAL BUILDING
Est. value
$5.4M
AUTO REPAIR, GARAGE
Est. value
$4.3M
COMMERCIAL (GENERAL)
Est. value
$4.3M
OFFICE BUILDING
Est. value
$4.3M
RETAIL STORES Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
1992
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
3.47 ac
Current owner
From public records · entity-resolved
Harbor Freight Tools USA INC
Entity
Mailing address
2127 INNERBELT BUSINESS CTR DR STE #200, SAINT LOUIS, MO 63114-5700
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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
Feb 4, 2021
—
Harbor Freight Tools USA INC
Tsg Tulsa Retail LLC
Lease
—
Dec 31, 2014
$11,400,000
Tsg Tulsa Retail LLC
Slate Tulsa Retail Holdings LLC
Special Warranty Deed
$8,550,000 · C III Commercial Mortgage LLC
Feb 18, 2014
$9,336,000
Slate Tulsa Retail Holdings Ll
9121 East 71st Street Holdings
Grant Deed
—
Nov 18, 2010
—
9121 East 71st Street Holdings
Trc Associates LLC
Grant Deed
related
—
Oct 5, 2007
$13,850,000
Trc Associates LLC
Tulsa Retail Center LLC
Grant Deed
—
Sep 7, 2006
$4,700,000
Tulsa Retail Center LLC
Circuit Okla Prop Invtrs
Grant Deed
$4,100,000 · National City Bank
—
—
Tulsa Retail Center LLC
—
Deed Of Trust
related
$10,100,000 · Capstone Realty Advisors LLC
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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