ABLE Transmission & Auto Care
1220 South Memorial Drive, Tulsa, OK 74112
For Sale
Contact for pricing
Commercial storefront property offered for sale in Tulsa, Oklahoma.
Property Size8,990 SF
Price / SF$106.74
Days on Market98
Property Features for 1220 South Memorial Drive
General Information
Standard status
Size
Property subtype
Occupancy
Lease Type
Investment Type
Net Operating Income
Site & Location
Neighborhood
Building Details
Tenancy
Abandoned
Listing Agency:
Bang Realty
Listed By:
Brian Brockman · License OK #701472
(859) 581-1113
Source:
Crexi
Added: Aug 5
Changed: Nov 8
Last Checked: Nov 10 at 5:26AM
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 Bang Realty
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Investment Insights
Based on property information with market context.
ABLE Transmission & Auto Care is a storefront property comprising 8990 square feet. The property is offered for sale at 1220 South Memorial Drive in Tulsa, Oklahoma 74112.
Key Highlights
- 8990‑square‑foot storefront property
- Known as ABLE Transmission & Auto Care
- Located at 1220 South Memorial Drive, Tulsa, OK 74112
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$86,541
Cap Rate
9.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,730,820
$1.7M
Cap Rate 7%
$1,236,300
$1.2M
Cap Rate 9%
$961,567
$961.6K
Market Conditions
NOI Build-Up for 8,990 SF
Gross rent
$129.5K $14.40/SF
− Vacancy
−$5.8K −$0.65/SF
EGI
$123.6K $13.75/SF
− OpEx
−$37.1K −$4.13/SF
NOI
$86.5K $9.63/SF
Area
Tulsa, OK
Vacancy
4.50%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,730,820
Cap Rate 7%
$1,236,300
Cap Rate 9%
$961,567
Alternative Uses
Best Use
Retail
$1.24M
$1.08M – $1.44M
NOI $86,541 @ 7.0% cap · market cap 9.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.92M
$1.68M – $2.24M
NOI $134,220 @ 7.0% cap · market cap 13.99%
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
597
Businesses Nearby
23k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 63%
Shops & Services 37%
Jack in the Box
Dining
14,466 visits/mo
0.2 miles
Cash America
Shops & Services
4,773 visits/mo
0.1 miles
U-Haul
Shops & Services
2,208 visits/mo
0.2 miles
CarHop Auto Sales & Finance
Shops & Services
1,113 visits/mo
0.3 miles
AAMCO Transmissions
Shops & Services
293 visits/mo
0.3 miles
Demographics for 74112, OK
20,810
Population
10,524
Households
2
Avg Household Size
38
Median Age
27%
College-Educated
87%
High-School Grad
6.8 sq mi
ZIP Area
3,060
Density / Sq Mi
$55,848
Median Household Income
$37,151
Median Earnings
$1,024
Median Rent
$149,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Storefront properties in Tulsa, OK
Properties on Market for Storefront properties in Tulsa
Vacancy Rate% for Retail in Tulsa, OK
Similar Off Market Nearby
- Bella Flowers — 1538 s 77th e ave, tulsa, ok 74112
- Sincerely Yours Flower Truck
Frequently Asked Questions
What type of property is this?
Storefront property - Commercial storefront property offered for sale in Tulsa, Oklahoma.
Where is this storefront property located?
The property is located at 1220 South Memorial Drive Tulsa, OK.
What is the asking price?
The asking price for this property is $959,563.
What are key features of this property?
This property features: 8990‑square‑foot storefront property; Known as ABLE Transmission & Auto Care; Located at 1220 South Memorial Drive, Tulsa, OK 74112
