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    61 St & 193 Ave Broken Arrow, OK 74012

    For Sale
    Contact for pricing

    4.09 Acres, Divisible, A1 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 4.09-acre commercial land parcel in Broken Arrow, Oklahoma, presents a unique investment opportunity. Located conveniently north of East 61st Street and East 193rd Avenue, the property is zoned A1 (General Agricultural District), offering potential for various commercial uses, pending rezoning approval. The site is divisible, with conceptual tracts ranging from approximately 45,900 square feet to 67,095 square feet. Preliminary pricing estimates for these tracts, based on $6.50 per square foot, range from $298,350 to $436,117. One tract is currently under contract. This prime location is ideal for a variety of commercial developments, including but not limited to banks, restaurants, multi-tenant retail spaces, or medical offices. All utilities are available at the site, simplifying development plans. The property's address is in Tulsa County, Oklahoma, zip code 74012. This is a rare opportunity to acquire a sizable, strategically located parcel in a thriving Oklahoma community. Serious inquiries are encouraged.

    Property Features for 61 St & 193 Ave

    General Information

    Property type
    Land
    Lot Size
    178,160 SF

    HighLights

    • Concept Tract A: ±45,900 SF, priced at $6.50/SF ($298,350).
    • Concept Tract B: ±67,095 SF, priced at $6.50/SF ($436,117).
    • Concept Tract C: ±65,340 SF, priced at $6.50/SF ($424,710) - UNDER CONTRACT.
    • Currently zoned A1 (General Agricultural); rezoning likely required for commercial use.
    • Excellent location for various commercial uses (bank, restaurant, retail, medical) subject to rezoning.
    • All utilities available on‑site.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Broken Arrow
    County
    Tulsa
    State
    Oklahoma
    Longitude
    -95.76166838
    Latitude
    36.07788175

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    FAQs

    What type of property is this?
    Land - 4.09 Acres, Divisible, A1 Zoning
    Where is this land located?
    The property is located at 61 St & 193 Ave Broken Arrow, OK.
    What are key features of this property?
    This property features: Concept Tract A: ±45,900 SF, priced at $6.50/SF ($298,350).; Concept Tract B: ±67,095 SF, priced at $6.50/SF ($436,117).; Concept Tract C: ±65,340 SF, priced at $6.50/SF ($424,710) - UNDER CONTRACT.
    Request Owner's contact information
    61 St & 193 Ave 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
    61 St & 193 Ave Broken Arrow, OK 74012
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