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    501 W Albany St N Broken Arrow, OK 74012

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    For Sale
    $3,450,000

    New 5,990 SF restaurant property in Broken Arrow, Oklahoma.

    Property size:
    5,990 SF
    Lot size:
    0.57 Acres

    Property Features for 501 W Albany St N

    General Information

    Size
    5,990 SF
    Lot size
    0.57 Acres

    Source: Newmark Robinson Park | Oklahoma City Agent Michael Rapella

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

    Overview

    New Restaurant Property in Broken Arrow

    This 5,990 square-foot property, constructed in 2023, is located at 501 W. Albany Street in Broken Arrow, Oklahoma. It is currently occupied by Ted’s Cantina Escondido, a local restaurant group with seven locations. The property is subject to a fifteen-year, single-tenant net lease. Broken Arrow is the fourth largest city in Oklahoma, with a population of 119,954.
    Insight Report Location Intelligence

    Current Use by Public Records

    Conventional restaurants

    Suggested Use

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

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

    Similar Places Nearby

    Firehouse Subs Broken Arrow, Franco's Banquets

    Location Insight

    • Map
    • Local Demand
    City
    Broken Arrow
    County
    Wagoner
    State
    Oklahoma
    Longitude
    -95.7927464
    Latitude
    36.073636

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    FAQs

    What type of property is this?
    Restaurant - New 5,990 SF restaurant property in Broken Arrow, Oklahoma.
    Where is this restaurant located?
    The property is located at 501 W Albany St N Broken Arrow, OK.
    What is the asking price?
    The asking price for this property is $3,450,000.
    What are key features of this property?
    This property features: - Fifteen (15) year, Single Tenant Net Lease investment.; - Occupied by Ted’s Cantina Escondido, a local restaurant group with seven locations.; - Property was built in 2023.
    (405) 219-6977
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    501 W Albany St N Broken Arrow, OK 74012
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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
    501 W Albany St N Broken Arrow, OK 74012
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