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    401 Utica Ave Tulsa, OK 74104

    For Sale
    $2,295,000

    High-traffic storefront, excellent visibility.

    Property size:
    24,730 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 24,730 square foot retail storefront, located at 401 S. Utica Ave in Tulsa, Oklahoma, presents a lucrative investment opportunity. Built in 1975, this single-story building sits on a 1.22-acre lot and is zoned CH. Currently operating as a multi-tenant property with a Net Net Net (NNN) lease structure, the asking price is $2,295,000, translating to $92.80 per square foot. The property boasts strong anchor tenants, including Smiles 4 Life and Family Dollar, ensuring consistent foot traffic. Ample parking, recently restriped, is available, along with excellent signage opportunities. Its strategic location offers high visibility, being conveniently situated near the Tulsa Health Department, I-244 (within a half-mile), Taco Mayo, and McDonald's. There is also 8,400 square feet currently available for lease. The property's prime location and existing tenant base make it ideal for a variety of retail businesses, such as thrift stores, furniture stores, or paint stores. This is a rare opportunity to acquire a well-established retail center in a thriving Tulsa neighborhood.

    Property Features for 401 Utica Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    24,730 SF
    Lot Size
    53,143 SF

    Building Details

    Year Built
    1975
    Stories
    1

    HighLights

    • 24,730 SF retail storefront on a 1.22‑acre lot in Tulsa, OK.
    • $2,295,000 asking price ($92.80/SF).
    • NNN lease structure with strong anchor tenants (Smiles 4 Life, Family Dollar).
    • 8,400 SF currently available for lease.
    • High visibility location near I‑244, ample parking, and excellent signage opportunities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Smiles 4 Life Pediatric Dentist Dentista Dental Clinic Family Dollar Dollar Store Tyler Owens Pediatric Dentist Tyler Mark Owens Pediatric Dentist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Tulsa
    County
    Tulsa
    State
    Oklahoma
    Longitude
    -95.9662696
    Latitude
    36.1554651

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    FAQs

    What type of property is this?
    Individual retail property - High-traffic storefront, excellent visibility.
    Where is this individual retail property located?
    The property is located at 401 Utica Ave Tulsa, OK.
    What is the asking price?
    The asking price for this property is $2,295,000.
    What are key features of this property?
    This property features: 24,730 SF retail storefront on a 1.22-acre lot in Tulsa, OK.; $2,295,000 asking price ($92.80/SF).; NNN lease structure with strong anchor tenants (Smiles 4 Life, Family Dollar).
    Request Owner's contact information
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    Tulsa, OK 74104
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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
    401 Utica Ave Tulsa, OK 74104
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