421 Washington St Broken Arrow, OK 74012-6450
- Commercial real estate
- 2,324 SF
- 0.36 lot acres
Nov 06, 2023
Current Use by Public Records
- McWilliams Media / Internet Marketing Service / Marketing Consultant
- Tulsa Kwik Dry Total Cleaning / Carpet Cleaning Service / Air Duct Cleaning Service
- The Business Acceleration Team / Business To Business Service
- Kevin Quang / Podiatrist
- Justin T. Albright, DPM / Podiatrist
Property Details for 421 Washington St
- Year built
- 1987
- Construction
- WOOD FRAME
- Lot size
- 0.36 lot acres
- Property size
- 2,324 SF
- Zone code
- ON
- Property type
- Commercial real estate
- APN
- 81925-84-23-18112
- APU
- 81925842318112
Description
This exceptional two-story, 4,000 square foot medical office building is located at 421 West Washington St S, Broken Arrow, OK 74012, in Tulsa County. The main floor, previously a dental office, offers a welcoming reception area, multiple private offices, a break room, restrooms, and a dedicated lab area. It's turnkey and ready for immediate use. The upper floor is a spacious shell space, stripped to the studs, offering significant customization potential. Previously designed for a second medical office, it includes additional lobby and reception areas, and multiple offices ready for development. This versatile building is ideal for a variety of medical or professional uses. Its prime location, half a mile south of Broken Arrow's Rose District on 91st Street, provides excellent visibility and access, situated within a thriving professional business community. The building offers a spacious floor plan designed for efficient workflow and patient management. The Rose District offers numerous shops, dining, and community events, enhancing the property's appeal and location value. This presents a unique opportunity to acquire a well-situated, adaptable medical office building in a high-demand area. The asking price is $400,000.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $335,000
- ML approach
- $300,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $415,000
- 6.5%
- $380,000
- 7%
- $355,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $447,000
- AI Estimate
- $315,000
Market price range: $87.5k - $787kMarket price range: $105k - $501k -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $435,000 Current use
- MEDICAL BUILDING
- $430,000 Change: -2% Conversion: Easy
- AUTO REPAIR, GARAGE
- $370,000 Change: -15% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Broken Arrow
- County
- Tulsa
- State
- Oklahoma
- Longitude
- -95.7956
- Latitude
- 36.0314
- CBSA code
- 46140
- CBSA name
- TULSA, OK METROPOLITAN STATISTICAL AREA