Downtown Mixed-Use
For Sale
$315,000
104 S Birch, Owasso, OK 74055
The interior includes two large rooms, a break room, and one restroom in a flexible commercial layout.
Property Size1,248 SF
Price / SF$252.40
Days on Market29
Property Features for 104 S Birch
General Information
Standard status
Active
Size
1,248 SF
Property subtype
MixedUse
Additional Details
Property Use
Office
Building Details
Year Built
1965
Listing Agency:
Keller Williams Premier
(918) 272-0809
Listed By:
Lynn Newton · License #108244
(918) 852-9622
Source:
Spiritrealtygroup
Added: Oct 5
Changed: Nov 1
Last Checked: Nov 1 at 3:21PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Premier
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,248-square-foot mixed-use property contains two large rooms, a break room, and one restroom. Built in 1965, the space offers a straightforward interior configuration for a range of commercial uses.
At 104 S Birch in Owasso, the property is within the Redbud Tax Increment Financing District. Eligible businesses or redevelopment projects may qualify for assistance with certain improvements, infrastructure, or development costs; eligibility depends on the project and intended use.
At 104 S Birch in Owasso, the property is within the Redbud Tax Increment Financing District. Eligible businesses or redevelopment projects may qualify for assistance with certain improvements, infrastructure, or development costs; eligibility depends on the project and intended use.
Key Highlights
- 1,248 square feet
- Two large rooms, a break room, and one restroom
- Located within Owasso’s Redbud Tax Increment Financing District
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,711
Cap Rate
4.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$254,220
$254.2K
Cap Rate 7%
$181,586
$181.6K
Cap Rate 9%
$141,233
$141.2K
Market Conditions
NOI Build-Up for 1,248 SF
Gross rent
$18.7K $15.00/SF
− Vacancy
−$562 −$0.45/SF
EGI
$18.2K $14.55/SF
− OpEx
−$5.4K −$4.36/SF
NOI
$12.7K $10.18/SF
Area
Tulsa County, OK
Vacancy
3.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$254,220
Cap Rate 7%
$181,586
Cap Rate 9%
$141,233
Alternative Uses
Best Use
Retail
$181.6K
$158.9K – $211.9K
NOI $12,711 @ 7.0% cap · market cap 4.04%
Second Best
Mixed Use
$162.5K
$142.2K – $189.5K
NOI $11,372 @ 7.0% cap · market cap 3.61%
Theoretical Best
Office A
$281.3K
$246.1K – $328.2K
NOI $19,689 @ 7.0% cap · market cap 6.25%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
608
Businesses Nearby
Explore this area
Business Placement
Demographics for 74055, OK
48,776
Population
19,539
Households
2.5
Avg Household Size
37
Median Age
39%
College-Educated
95%
High-School Grad
50.9 sq mi
ZIP Area
958
Density / Sq Mi
$86,897
Median Household Income
$46,956
Median Earnings
$1,218
Median Rent
$261,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The interior includes two large rooms, a break room, and one restroom in a flexible commercial layout.
Where is this mixed-use property located?
The property is located at 104 S Birch Owasso, OK.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: 1,248 square feet; Two large rooms, a break room, and one restroom; Located within Owasso’s Redbud Tax Increment Financing District
