Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    410 S Peoria Ave Tulsa, OK 74120

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $975,000

    14,000 SF building with redevelopment potential in Tulsa, OK.

    Property size:
    14,000 SF
    Lot size:
    0.39 Acres

    Property Features for 410 S Peoria Ave

    General Information

    Size
    14,000 SF
    Lot size
    0.39 Acres

    We can help!

    Listing Contact
    Jonathan Cowan
    Source: Moodyscre

    Listing Agent: Jonathan Cowan

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Freestanding Building with Heavy Commercial Zoning

    This freestanding metal and block building offers 14,000 square feet of space, with 7,000 square feet on the lower level and 7,000 square feet on the upper level. The property is zoned Commercial Heavy (CH). A new site design allows for up to 28 parking stalls.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Tulsa
    County
    Creek
    State
    Oklahoma
    Longitude
    -95.9759413
    Latitude
    36.1555184

    Nearby Similar for Sale

    • $1,290,000
      12,628 SF

      Versatile Industrial Building in Tulsa

      12,600+ sq ft commercial building suitable for various operations.
      6580 E Skelly Dr, Tulsa, OK 74145
      View Details
    • $875,000
      4,450 SF

      Downtown Tulsa Retail Opportunity

      Freestanding building in Tulsa's East Village District.
      621 S Kenosha Ave, Tulsa, OK 74120
      View Details
    • $750,000
      8,502 SF

      Versatile Mixed-Use Building in Tulsa

      Event center and office building suitable for various business needs.
      1823 W 51St St, Tulsa, OK 74107
      View Details
    • $500,000
      Pending

      Tulsa Commercial Property Auction

      5.7 acre commercial property with multiple buildings in Tulsa.
      2005 N 167 Ave E, Tulsa, OK 74116
      View Details
    • New
      $989,000
      5,520 SF

      New Quadplex in Pearl District

      New construction quadplex in Tulsa's desirable Pearl District.
      1111 S Quincy Ave, Tulsa, OK 74120
      View Details
    • $499,000
      Pending

      Turn-Key Tulsa Multifamily Investment

      Five-unit property with income and growth potential near The Oaks.
      4588 W 64Th Pl, Tulsa, OK 74132
      View Details
    • $620,000
      6,032 SF

      Remodeled Office Building Near I-44

      Tulsa office building with 6,000+ sq ft, convenient location.
      4641 S Braden Ave, Tulsa, OK 74135
      View Details
    • $390,000
      984 SF

      Route 66 Automobile Service

      Remodeled commercial property on historical Route 66 in Tulsa.
      4216 E 11Th St, Tulsa, OK 74112
      View Details
    • $650,000
      5,950 SF

      Tulsa Flex Property For Sale

      Flex property with recent upgrades and highway access in Tulsa.
      4095 Southwest Blvd, Tulsa, OK 74107
      View Details
    • Contact for pricing
      3,200 SF

      Creative Office Space in Tulsa

      3,200 SF creative office space in the Arts District.
      415 N Main St, Tulsa, OK 74103
      View Details
    • New
      Contact for pricing
      3,195 SF

      Tulsa Office Suite For Sale

      Well-appointed office suite with open floor plan in Tulsa, OK
      3401 S Peoria Ave, Tulsa, OK 74105
      View Details
    • New
      $525,000
      5,184 SF

      Tulsa Medical/Multi-Use Building For Sale

      Medical office or multi-use building with easy highway access.
      3227 S Lakewood Ave, Tulsa, OK 74135
      View Details

    FAQs

    What type of property is this?
    Retail property - 14,000 SF building with redevelopment potential in Tulsa, OK.
    Where is this retail property located?
    The property is located at 410 S Peoria Ave Tulsa, OK.
    What is the asking price?
    The asking price for this property is $975,000.
    What are key features of this property?
    This property features: - Freestanding metal and block building; - 14,000 square feet (7,000 sf lower level, 7,000 sf upper level); - Commercial Heavy (CH) zoning
    (918) 728-9672
    Request Owner's contact information
    410 S Peoria Ave Tulsa, OK 74120
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    410 S Peoria Ave
    Tulsa, OK 74120
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    410 S Peoria Ave Tulsa, OK 74120
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Jonathan Cowan
    (918) 728-9672
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.