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    Riverside Pkwy Tulsa, OK 74136

    Sponsored
    For Sale
    $940,000

    1.72 acres, prime Tulsa location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.72-acre commercial land parcel presents a rare opportunity in Tulsa, Oklahoma. Located on Riverside Parkway near the intersection of 71st Street and Riverside Drive, this property boasts a highly desirable location with excellent visibility and accessibility. Zoned as two lots with RS-2 and RDO-3 (River District Overlay) designations, this flat, treed land offers significant development potential. The property features approximately 165 feet of frontage on South Riverside Drive and 164 feet on South Quincy Avenue. This high-traffic area sees approximately 34,000 vehicles per day on Riverside Drive (2019 data) and 33,900 vehicles per day on East 71st Street (2020 data). Its proximity to major thoroughfares is a key advantage: it's just one block south of East 71st Street and South Riverside Drive, 1.9 miles from Highway 75, 2.3 miles from I-44, and 2.8 miles from the Creek Turnpike. This is one of the last undeveloped properties available south of 71st Street to the Creek Turnpike, making it an exceptional investment opportunity. The asking price for this remarkable property is $940,000. This is a unique chance to acquire a significant piece of commercial real estate in a rapidly growing area of Tulsa.

    Property Features for 0 Riverside Pkwy

    General Information

    Property type
    Land
    Lot Size
    74,923 SF

    HighLights

    • 1.72‑acre commercial land parcel in Tulsa, OK, on Riverside Parkway near 71st & Riverside Drive.
    • Highly visible and accessible location with excellent frontage on Riverside Drive and Quincy Avenue.
    • Zoned RS‑2 and RDO‑3, offering significant development potential.
    • High traffic area (approx. 34,000 VPD on Riverside Drive, 33,900 VPD on 71st Street).
    • Close proximity to major thoroughfares (Highway 75, I‑44, Creek Turnpike).
    • Asking price: $940,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Tulsa
    County
    Tulsa
    State
    Oklahoma
    Longitude
    -95.975262245895
    Latitude
    36.058235450155

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    FAQs

    What type of property is this?
    Land - 1.72 acres, prime Tulsa location.
    Where is this land located?
    The property is located at Riverside Pkwy Tulsa, OK.
    What is the asking price?
    The asking price for this property is $940,000.
    What are key features of this property?
    This property features: 1.72-acre commercial land parcel in Tulsa, OK, on Riverside Parkway near 71st & Riverside Drive.; Highly visible and accessible location with excellent frontage on Riverside Drive and Quincy Avenue.; Zoned RS-2 and RDO-3, offering significant development potential.
    Request Owner's contact information
    Riverside Pkwy Tulsa, OK 74136
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    Tulsa, OK 74136
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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
    Riverside Pkwy Tulsa, OK 74136
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