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    727 71St St Tulsa, OK 74132

    For Sale
    $1,200,000

    5.4-acre prime commercial lot, Tulsa, OK

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 5.4-acre commercial land parcel presents a unique investment opportunity in the thriving Tulsa Hills area. Located at 727 West 71st St S, Tulsa, OK 74132 (APN R73712820225380), this property is zoned PUD 832/OL and boasts an enviable location. The site is conveniently situated within blocks of US Highway 75, offering unparalleled accessibility. Utilities are readily available at or near the property. A significant advantage is the property's adjacency to a 1.95-acre lot with approved plans for a multi-story senior residential development, creating synergistic potential. Furthermore, the lot is directly across 71st Street from the established Tulsa Hills Shopping Center, home to major retailers such as Chick-fil-A, Target, Lowe's, Sam's Club, Buffalo Wild Wings, Dick's Sporting Goods, and Cracker Barrel. A QuikTrip is located at the development's entrance, providing further convenience. Adding to the property's appeal is its proximity to an emergency room/hospital at the lot's front and a regional medical facility immediately to the west. An REI store is located within a quarter-mile to the east. This prime location, coupled with its size and zoning, makes this 5.4-acre tract an ideal site for a variety of commercial developments. The asking price for this exceptional property is $1,200,000.

    Property Features for 727 71St St

    General Information

    Property type
    Land
    Lot Size
    235,224 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Tulsa
    County
    Tulsa
    State
    Oklahoma
    Longitude
    -96.001546573462
    Latitude
    36.062144706089

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    FAQs

    What type of property is this?
    Land - 5.4-acre prime commercial lot, Tulsa, OK
    Where is this land located?
    The property is located at 727 71St St Tulsa, OK.
    What is the asking price?
    The asking price for this property is $1,200,000.
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    727 71St St Tulsa, OK 74132
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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
    727 71St St Tulsa, OK 74132
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