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    870 Msn St Broken Arrow, OK 74012

    For Sale
    $471,754

    High-traffic lot, ideal for office development.

    Property size:
    24,829 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 0.87-acre commercial lot, located at 870 W Mission St in Broken Arrow, Oklahoma (zip code 74012, APN 81294-94-34-02410), presents a unique investment opportunity. Zoned CH, this Class A property boasts 24,829 square feet and is priced at $471,754, or $19 per square foot. The land value alone is also $19 per square foot. Benefitting from a high-traffic location, the property enjoys excellent visibility and accessibility. According to 2015 DOT data, it experiences significant daily traffic counts: 91,300 vehicles per day on Highway 51 and 19,854 vehicles per day on N Elm Pl. Its proximity to St. John's in Broken Arrow and easy access to Highway 51 further enhance its appeal. The property has pre-approved optical use and is situated in an area experiencing robust population growth (5% in 2016). This makes it an excellent choice for developers seeking a prime location for office space or other commercial ventures. Tulsa County location.

    Property Features for 870 Msn St

    General Information

    Property type
    Land
    Square Feet
    24,829 SF
    Class
    A
    Lot Size
    37,897 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Broken Arrow
    County
    Tulsa
    State
    Oklahoma
    Longitude
    -95.797924
    Latitude
    36.0779799

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    FAQs

    What type of property is this?
    Land - High-traffic lot, ideal for office development.
    Where is this land located?
    The property is located at 870 Msn St Broken Arrow, OK.
    What is the asking price?
    The asking price for this property is $471,754.
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    870 Msn St Broken Arrow, OK 74012
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    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
    870 Msn St Broken Arrow, OK 74012
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