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    9128 Braden Ave Tulsa, OK 74137-4052
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    Property profile & analytics

    9128 Braden Ave Tulsa, OK 74137-4052

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    • Office buildings
    • 7,422 SF
    • 0.42 lot acres
    Off-Market
    Last Sale Dec 4, 2023
    $145,000
    Property ID
    US69-0165177
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Bodies By Pilates / Gym & Fitness Center
    • Asher Homes / General Contractor
    • Ruhl Construction / Construction Company / General Contractor

    Property Details for 9128 Braden Ave

    Year built
    2017
    Construction
    WOOD FRAME
    Lot size
    0.42 lot acres
    Property size
    7,422 SF
    Zone code
    RS1
    Property type
    Office buildings
    APN
    71045-83-22-09180
    APU
    71045832209180

    Description

    This exceptional Class A office building, located in Tulsa County just southeast of the intersection of 91st and Yale, offers three available executive suites. The building boasts a total of 5,935 square feet, with each suite ranging from a minimum of 1,775 square feet to a maximum contiguous space of 2,165 square feet. Currently, the entire 5,935 square feet is vacant, presenting a unique opportunity for a single tenant or multiple tenants seeking modern, upscale office space. The building features a convenient elevator for easy access to all floors and ample parking with 20 spaces available. Its prime location just north of the Creek Turnpike ensures excellent accessibility and visibility. The building's modern design and high-end finishes create a sophisticated and professional atmosphere. This multi-tenant property is ideal for businesses seeking a prestigious address and convenient amenities. The building's Class A designation reflects its superior construction, modern systems, and desirable location. This is a rare opportunity to secure high-quality office space in a thriving Tulsa location. Contact us today to schedule a viewing and explore the possibilities.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Tulsa
    County
    Tulsa
    State
    Oklahoma
    Longitude
    -95.9202
    Latitude
    36.0309
    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
    $18,217
    $22,000
    $110,000
    $132,000
    -
    $200,000
    $1,000,000
    $1,200,000

    Comparable in this City

    • Value Estimation
      $790,000
      6,874 SF

      Yale E Ave

      OFFICE BUILDING • 6,874 SF
      Yale E Ave, Tulsa, OK 74137
      View Details
    • Value Estimation
      $575,000
      4,054 SF

      3108 81st St

      OFFICE BUILDING • 4,054 SF
      3108 81st St, Tulsa, OK 74137-1338
      View Details
    • Value Estimation
      $970,000
      7,046 SF

      5014 101st St

      OFFICE BUILDING • 7,046 SF
      5014 101st St, Tulsa, OK 74137-5803
      View Details
    • Value Estimation
      $1,900,000
      14,172 SF

      9110 Toledo Ave

      OFFICE BUILDING • 14,172 SF
      9110 Toledo Ave, Tulsa, OK 74137-2700
      View Details
    • Value Estimation by Request
      3,276 SF

      5028 101st St

      OFFICE BUILDING • 3,276 SF
      5028 101st St, Tulsa, OK 74137-5816
      View Details
    • Value Estimation by Request
      3,264 SF

      5026 101st St Ste A

      OFFICE BUILDING • 3,264 SF
      5026 101st St Ste A, Tulsa, OK 74137-5810
      View Details

    Similar Nearby for Sale

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      Fully Occupied Office Building

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      Office Space Near 101st Sheridan

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      Tulsa Retail Suite - Move-In Ready

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      Riverside Land For Sale

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      Vacant Land in Jenks Southeast

      Nearly 6 acres of gated vacant land with mature trees.
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    • $239,900
      0.52 Acres

      Residential Land in Sheridan Oaks

      Half-acre lot in gated Sheridan Oaks Estates, Tulsa.
      E 85Th Ct, Tulsa, OK 74137
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    Similar Nearby for Lease

    • Contact for pricing

      Class A Office Building

      Office buildings for rent in park-like setting.
      8801 S Yale Ave, Tulsa, OK 74137
      View Details
    • Contact for pricing

      Multi-Building Office Complex For Rent

      Office complex with three buildings near hotels and shopping.
      2488 E 81St St, Tulsa, OK 74137
      View Details
    • Contact for pricing

      Multi-Building Office Complex in Tulsa

      Office complex with three buildings near hotels and airport.
      2448 E 81St St, Tulsa, OK 74137
      View Details
    • Contact for pricing

      New Retail Center Space Available

      New retail center with spaces suitable for retail, restaurant, office.
      10133 Riverside Pkwy, Tulsa, OK 74137
      View Details
    • $21 SF/Yr
      1,800 SF

      Versatile Retail/Office/Restaurant Space Available

      Adaptable space suitable for retail, restaurant, or office tenants.
      10133-10145 S Riverside Pkwy, Tulsa, OK 74137
      View Details
    • Contact for pricing
      1,400 SF

      Second Floor Office Space Available

      Office space for rent, sublease ending November 30, 2024.
      10051 S Yale Ave, Tulsa, OK 74137
      View Details
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    Tulsa, OK 74137-4052
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    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
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