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    6921 E. Admiral Place Tulsa, OK 74115

    Source: https://www.naisullivangroup.com
    For Sale
    $6,000,000

    91,907 SF retail center, Tulsa, OK. Sale or lease.

    Property size:
    91,907 SF

    Description

    Added:
    Apr 1, 2025
    Days on Market:
    257
    This exceptional value-add opportunity presents a 91,907 square foot shopping center situated on 5.59 acres of land in Tulsa, Oklahoma, at 6921 E. Admiral Place, zip code 74115. Currently 30% occupied, the property offers significant potential for growth and redevelopment. The center features 39,876 square feet currently available for lease at a rate of $10.00 per square foot, NNN. The property is zoned commercial and boasts a prime location within a densely populated trade area, serving a 5-mile population of 181,000 residents. High daytime traffic volume ensures excellent visibility and accessibility for tenants. The existing structure includes second-generation box space, presenting a unique opportunity for adaptive reuse or expansion. The asking price for the entire property is $6,000,000. This property is ideal for investors seeking a value-add project with substantial upside potential in a thriving commercial area. The property's size and location make it an attractive investment for both retail and commercial ventures. Serious inquiries only.

    Property Features for 6921 E. Admiral Place

    General Information

    Property type
    Other retail properties
    Investment Type
    value-add
    Square Feet
    91,907 SF
    Price / Square Foot
    $65
    Elevators
    N/A
    Net Rentable
    91,907 SF
    Lot Size
    243,500 SF
    Occupancy
    30%

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • Prime 91,907 SF shopping center on 5.59 acres in Tulsa, OK.
    • $6,000,000 asking price, or lease at $10/SF NNN.
    • 39,876 SF available for lease; 30% occupancy; strong daytime traffic.
    Insight Report Location Intelligence

    Current Use by Public Records

    Conn's HomePlus Electronics Store

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tulsa
    State
    Oklahoma
    Longitude
    -95.899498
    Latitude
    36.161715

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    FAQs

    What type of property is this?
    Other retail property - 91,907 SF retail center, Tulsa, OK. Sale or lease.
    Where is this other retail property located?
    The property is located at 6921 E. Admiral Place Tulsa, OK.
    What is the asking price?
    The asking price for this property is $6,000,000.
    What are key features of this property?
    This property features: Prime 91,907 SF shopping center on 5.59 acres in Tulsa, OK.; $6,000,000 asking price, or lease at $10/SF NNN.; 39,876 SF available for lease; 30% occupancy; strong daytime traffic.
    (405) 761-8955
    Request Owner's contact information
    6921 E. Admiral Place Tulsa, OK 74115
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    Tulsa, OK 74115
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    Realmo Value Estimation

    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.

    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.

    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
    6921 E. Admiral Place Tulsa, OK 74115
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