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    51St St Broken Arrow, OK 74012

    For Sale
    $2,461,497

    Prime Broken Arrow location, A-1 zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 18.83-acre development site is located in Broken Arrow, Oklahoma, at the intersection of E 51st Street (Omaha) and N 161st E Ave (Elm Place), within Tulsa County, zip code 74012. The property, identified by APN 99435-94-35-32010, is currently zoned A-1, and is suitable for subdivision. The asking price is $2,461,497 for the entire land area. Utilities including gas, electric, and water are available on-site, with an 8-inch sanitary sewer line conveniently located on the north side of E 51st Street (Omaha). This prime location benefits from high traffic volume, with 13,955 vehicles per day on N. 161st E. Ave. (Elm Place) and 12,682 vehicles per day on E. 51st Street (Omaha), according to 2022 INCOG data. The area is experiencing significant residential and commercial growth, making this a highly attractive opportunity for developers. The property's proximity to numerous residential subdivisions further enhances its development potential. Serious inquiries are encouraged.

    Property Features for 0 51St St

    General Information

    Property type
    Land
    Lot Size
    820,235 SF

    HighLights

    • Divisible parcel; price reflects total land area.
    • A‑1 zoning, subject to commercial zoning verification.
    • Utilities available: gas, electric, and water.
    • 8" sanitary sewer line accessible on North side of E. 51st Street, Omaha.
    • Surrounded by established residential subdivisions.
    • High traffic counts: 13,955 VPD on N. 161st E. Ave. (Elm Place) and 12,682 VPD on E. 51st Street (Omaha) (2022 INCOG data).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Broken Arrow
    County
    Tulsa
    State
    Oklahoma
    Longitude
    -95.79579035743
    Latitude
    36.08990915145

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    FAQs

    What type of property is this?
    Land - Prime Broken Arrow location, A-1 zoning.
    Where is this land located?
    The property is located at 51St St Broken Arrow, OK.
    What is the asking price?
    The asking price for this property is $2,461,497.
    What are key features of this property?
    This property features: Divisible parcel; price reflects total land area.; A-1 zoning, subject to commercial zoning verification.; Utilities available: gas, electric, and water.
    Request Owner's contact information
    51St St 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
    51St St Broken Arrow, OK 74012
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