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    193 Ave Broken Arrow, OK 74012

    For Sale
    Contact for pricing

    4.1 Acres, Commercial Zoning, Development Ready

    Property size:
    178,596 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 4.1-acre commercial land parcel in Broken Arrow, Oklahoma, presents a unique investment opportunity. Located at the southeast intersection of E 61st Street and S 193rd E Ave, zip code 74012, this property boasts a total square footage of 178,596 and is zoned CN (Commercial Neighborhood District). The site is ideally suited for a variety of commercial developments, including but not limited to banks, restaurants, multi-tenant retail spaces, and medical offices. The property is divisible into separate tracts. Concept Tract A is currently under contract. Concept Tract B encompasses approximately 63,393 square feet and is offered at $10 per square foot, totaling $633,930. Concept Tract C, after accounting for a detention pond, offers approximately 52,924 square feet, also priced at $10 per square foot, for a total of $529,240. The entire 4.1-acre parcel is also available for purchase. This prime location in the thriving city of Broken Arrow within Wagoner County offers excellent visibility and accessibility, making it an attractive proposition for discerning investors and developers seeking a strategic foothold in a rapidly growing market. The property's versatility and desirable location make it a compelling investment opportunity with significant potential for future growth and return.

    Property Features for 193 Ave

    General Information

    Property type
    Land
    Square Feet
    178,596 SF
    Lot Size
    178,596 SF

    HighLights

    • Concept Tract A: Under Contract
    • Concept Tract B: 63,393 square feet available at $10 per square foot, totaling $633,930.
    • Concept Tract C: 52,924 square feet (66,924 square feet less 14,000 square foot detention pond) available at $10 per square foot, totaling $529,240.
    • CN (Commercial Neighborhood District) zoning.
    • 4.1‑acre site available for purchase as a whole or in separate tracts.
    • Suitable for bank, restaurant, multi‑tenant retail, or medical office uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Broken Arrow
    County
    Wagoner
    State
    Oklahoma
    Longitude
    -95.761588715934
    Latitude
    36.073576477131

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    FAQs

    What type of property is this?
    Land - 4.1 Acres, Commercial Zoning, Development Ready
    Where is this land located?
    The property is located at 193 Ave Broken Arrow, OK.
    What are key features of this property?
    This property features: Concept Tract A: Under Contract; Concept Tract B: 63,393 square feet available at $10 per square foot, totaling $633,930.; Concept Tract C: 52,924 square feet (66,924 square feet less 14,000 square foot detention pond) available at $10 per square foot, totaling $529,240.
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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
    193 Ave Broken Arrow, OK 74012
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