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    24100 Highway 51 Broken Arrow, OK 74014

    For Sale
    $1,350,000

    Prime Broken Arrow Restaurant Opportunity

    Property size:
    2,753 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional commercial property, located at 24100 E Highway 51 in Broken Arrow, Oklahoma, presents a lucrative investment opportunity. The 2.68-acre lot houses a 2,753 square foot restaurant building, ideal for established or aspiring restaurateurs. Situated in Tulsa County, with a convenient 74014 zip code, this location benefits from high visibility and accessibility along Highway 51. The asking price is $1,350,000. This property is categorized as both retail and land, offering significant potential for expansion or redevelopment. The existing restaurant structure provides immediate income potential, while the expansive lot allows for future growth and development. This is a rare opportunity to acquire a well-positioned commercial property in a thriving Oklahoma market. The property's strategic location ensures high traffic volume and exposure to a large customer base. Serious inquiries are encouraged to explore the full potential of this remarkable investment. The property is currently occupied, so please refrain from disturbing the tenants. All inquiries should be directed through the appropriate channels.

    Property Features for 24100 Highway 51

    General Information

    Property type
    Restaurants
    Square Feet
    2,753 SF
    Lot Size
    116,741 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Scooters South 40 ... Bar & Grill

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Auto Repair Shop Hair Salon Nail Salon Department Store Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Broken Arrow
    County
    Tulsa
    State
    Oklahoma
    Longitude
    -95.7075738
    Latitude
    36.019166

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    FAQs

    What type of property is this?
    Restaurant - Prime Broken Arrow Restaurant Opportunity
    Where is this restaurant located?
    The property is located at 24100 Highway 51 Broken Arrow, OK.
    What is the asking price?
    The asking price for this property is $1,350,000.
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    24100 Highway 51 Broken Arrow, OK 74014
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    Broken Arrow, OK 74014
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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
    24100 Highway 51 Broken Arrow, OK 74014
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