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    635 Frankfort Ave Tulsa, OK 74120

    Sponsored
    For Sale
    $6,000,000

    Prime CBD location, 88,449 SF, $6M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 88,449 square foot commercial land parcel presents a rare development opportunity in Tulsa's vibrant Central Business District (CBD). Located at 635 S Frankfort Ave, Tulsa, OK 74120, this property boasts a highly visible and accessible location, perfect for a variety of uses. The land is zoned for CBD development, allowing for diverse project types. All utilities are readily available on-site, simplifying the development process. Environmental reports confirm a clean site, eliminating potential remediation costs and delays. The asking price is $6,000,000, translating to a land value of $67.83 per square foot. Given its size, location, and zoning, this property is ideally suited for projects such as multi-family residential buildings, mixed-use developments incorporating residential and commercial spaces, or even large-scale entertainment or sports-related venues. The potential for significant return on investment is substantial, making this a truly unique opportunity for discerning developers and investors. This is a chance to acquire one or both of these Tulsa CBD blocks and shape the future of the city's downtown core. Contact us today to learn more about this exceptional offering.

    Property Features for 635 Frankfort Ave

    General Information

    Property type
    Land
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    Tulsa
    State
    Oklahoma
    Longitude
    -95.9834738
    Latitude
    36.1522495

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    FAQs

    What type of property is this?
    Land - Prime CBD location, 88,449 SF, $6M
    Where is this land located?
    The property is located at 635 Frankfort Ave Tulsa, OK.
    What is the asking price?
    The asking price for this property is $6,000,000.
    Request Owner's contact information
    635 Frankfort Ave Tulsa, OK 74120
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    Tulsa, OK 74120
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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
    635 Frankfort Ave Tulsa, OK 74120
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