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    201 Cheyenne Ave Tulsa, OK 74103

    Sponsored
    For Sale
    $2,300,000

    Prime CBD location, 30,746 SF, two buildings.

    Property size:
    30,746 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional mixed-use property, located at 201 S Cheyenne Ave in Tulsa, Oklahoma, presents a unique investment opportunity. The former Seismograph Services Building comprises two three-story buildings totaling 30,746 square feet on a 21,000 square foot lot. Situated in the heart of Tulsa's Central Business District (CBD), this vacant property is zoned CH and offers significant potential for residential conversion or office/storage use. The asking price is $2,300,000, translating to $74.81 per square foot. Key features include a partial basement with an interior dock, providing convenient access and loading capabilities. The property boasts approximately 18-20 on-site parking spaces, a significant advantage in a bustling urban environment. Its prime location offers immediate proximity to the BOK Center, numerous hotels, the Federal Courthouse, and a variety of restaurants, all within a single block. Further enhancing its appeal, this property is located in both an Opportunity Zone and a Tax Increment Financing (TIFF) District, potentially unlocking additional incentives for the right developer. The building is currently in shell condition, allowing for complete customization to suit a wide range of development plans. Adjacent to a 1200-car public parking garage, this property offers unparalleled convenience and accessibility.

    Property Features for 201 Cheyenne Ave

    General Information

    Property type
    Mixed-use properties
    Square Feet
    30,746 SF

    Building Details

    Buildings
    2
    Stories
    3

    HighLights

    • $2,300,000 asking price for a mixed‑use property.
    • 30,746 square feet on a 21,000 square foot lot, with a price per square foot of $74.81.
    • Two three‑story buildings in Tulsa, OK.
    • Located in the Central Business District (CBD), zoned for mixed‑use development.
    • Excellent location near the BOK Center, hotels, Federal Courthouse, and restaurants; adjacent to a 1200‑car public garage.
    Property Profile Location Intelligence

    Current Use by Public Records

    THIS IS NOT ... Hotel

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Tulsa
    County
    Tulsa
    State
    Oklahoma
    Longitude
    -95.993878359206
    Latitude
    36.153427311263

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    FAQs

    What type of property is this?
    Mixed-use property - Prime CBD location, 30,746 SF, two buildings.
    Where is this mixed-use property located?
    The property is located at 201 Cheyenne Ave Tulsa, OK.
    What is the asking price?
    The asking price for this property is $2,300,000.
    What are key features of this property?
    This property features: $2,300,000 asking price for a mixed-use property.; 30,746 square feet on a 21,000 square foot lot, with a price per square foot of $74.81.; Two three-story buildings in Tulsa, OK.
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    201 Cheyenne Ave Tulsa, OK 74103
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    Tulsa, OK 74103
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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
    201 Cheyenne Ave Tulsa, OK 74103
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