Back to Search
Property profile & analytics
OFF-MARKET
Commercial land
Delaware E Ave Tulsa, OK 74104
Trust Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US69-0987139
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.12 ac (5,358 SF)
Zoning code
PK
APN
38250-93-08-23690
UPID
US69-0987139
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
Marshall,lilah B Trust · 10 yrs held
Marshall,lilah B Trust
since 2016
6 recorded transactions
Zoning & alternative use
PK · Tulsa, OK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Section 25.030. - PK, Parking district. A. Purpose. The PK, Parking district is primarily intended to accommodate off-street parking areas bordering nonresidential zoning districts, while protecting nearby residential areas from adverse impacts associated with spillover parking into residential neighborhoods. B. Use regulations. Parking lots, including parki…
Zone name
Parking
General category
RESIDENTIAL
Zone area
51.17 ac
Source
code of ordinances
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
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
$631
Tax year 2023
Assessed value
$4,697
Assessed 2023
Previous assessed
$4,697
+0.0% YoY
Effective rate
13.43%
On assessed value
Assessed land
$4,697
Land market value
$42,700
Total market value
$42,700
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
YES
Stories
1
Lot
0.12 ac (5,358 SF)
Zoning code
PK
APN
38250-93-08-23690
UPID
US69-0987139
Jurisdiction
TULSA
Zoning & alternative use
PK · Tulsa, OKZoning PK · permitted uses
PK · Tulsa, OK
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Section 25.030. - PK, Parking district. A. Purpose. The PK, Parking district is primarily intended to accommodate off-street parking areas bordering nonresidential zoning districts, while protecting nearby residential areas from adverse impacts associated with spillover parking into residential neighborhoods. B. Use regulations. Parking lots, including parking structures, are the only uses permitted in the PK district. Such parking lots may be used for off-site accessory parking or for non-accessory parking. C. Lot and building regulations. 1. Table of regulations. The lot and building regulations of Table 25-3 apply to all principal uses and structures in PK districts, except as otherwise expressly stated in this zoning code. General exceptions to lot and building regulations and rules for measuring compliance can be found in
Zone name
Parking
General category
RESIDENTIAL
Zone area
51.17 ac
Source
code of ordinances
Building & site characteristics
From public records
Heating
YES
Stories
1
Lot
0.12 ac
Current owner
From public records · entity-resolved
Marshall,lilah B Trust
Trust
Mailing address
800 S TUCKER DR, TULSA, OK 74104-9700
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 3, 2016
—
Marshall,lilah B Trust
Marshall Lilah B Trust
Quit Claim Deed
related
—
Jul 22, 2014
—
Bama Companies INC
—
Loan Modification
related
$20,000,000 · Jp Morgan Chase Bank NA
Feb 6, 2013
—
Marshall Lilah B Trust
—
Deed Of Trust
related
$36,995,000 · J P Morgan Chase Bank
Feb 4, 2013
—
Bama Companies INC
—
Deed Of Trust
related
$36,995,000 · J P Morgan Chase Bank
Dec 21, 2010
—
Marshall Lilah B Trust
—
Deed Of Trust
related
$20,000,000 · J P Morgan Chase Bank
Jul 10, 2008
—
Marshall Lilah B Trust
—
Deed Of Trust
related
$25,264,000 · J P Morgan Chase 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
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 Delaware 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.
