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    Tulsa, OK 74127

    For Sale
    $300,000

    ±4.57 Acres, Two Parcels, $300K

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional investment opportunity encompasses ±4.57 gross acres strategically positioned at the southwest corner of 31st Street and I-44 in Tulsa, Oklahoma (zip code 74127). The property is divided into two distinct parcels. Parcel A, comprising approximately 2.02 acres, is designated as a neighborhood center within the Tulsa Comprehensive Plan, presenting significant development potential. Parcel B, encompassing approximately 2.55 acres, is classified as New Neighborhood in the city's plan, offering further flexibility for future projects. The combined acreage provides a substantial footprint for a variety of commercial ventures. The asking price for the entire property is $300,000. It's important to note that an existing billboard on the premises is not included in this sale. This location benefits from high visibility and accessibility due to its prominent intersection with I-44, a major thoroughfare. The property's zoning and designations within the Tulsa Comprehensive Plan offer a solid foundation for investors seeking to capitalize on the area's growth potential. Detailed zoning information and development guidelines are readily available upon request. This is a rare opportunity to acquire a significant land holding in a high-traffic area of Tulsa.

    Property Features for 0

    General Information

    Property type
    Specialty properties

    HighLights

    • ±4.57 gross acres at the southwest corner of 31st Street and I‑44 in Tulsa, OK (74127).
    • Two parcels: Parcel A (2.02 acres) designated as a neighborhood center; Parcel B (2.55 acres) classified as New Neighborhood in the Tulsa Comprehensive Plan.
    • $300,000 asking price; existing billboard not included.
    • High visibility and accessibility due to I‑44 frontage.
    • Zoning allows for various commercial developments; details available upon request.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Tulsa
    County
    Tulsa
    State
    Oklahoma
    Longitude
    -95.8703275
    Latitude
    36.1322379

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    FAQs

    What type of property is this?
    Specialty property - ±4.57 Acres, Two Parcels, $300K
    Where is this specialty property located?
    The property is located at Tulsa, OK.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: ±4.57 gross acres at the southwest corner of 31st Street and I-44 in Tulsa, OK (74127).; Two parcels: Parcel A (2.02 acres) designated as a neighborhood center; Parcel B (2.55 acres) classified as New Neighborhood in the Tulsa Comprehensive Plan.; $300,000 asking price; existing billboard not included.
    (918) 344-9904
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    Tulsa, OK 74127
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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
    Tulsa, OK 74127
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