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    924 Detroit Ave Tulsa, OK 74120

    For Lease
    $22 SF/Yr ($12,833 /Mo)

    7,000 SF, Flexible Space, RT 66

    Lot size:
    7,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional 7,000 square foot commercial property, located at 924 S Detroit Ave in Tulsa, OK (zip code 74120), presents a unique opportunity for a variety of businesses. Built in 1923 and situated on the original Route 66 alignment, this building boasts a prime location within the city's Central Business District (CBD) zoning. The space is currently entirely vacant and offers maximum contiguous space of 7,000 square feet, with a minimum divisible unit of 1,500 square feet, providing flexibility for various tenant needs. The high ceilings, measuring 18 feet, create a bright and spacious atmosphere ideal for creative uses. The property's versatile nature makes it suitable for a wide range of businesses, including coworking spaces, creative offices, executive suites, traditional offices, retail establishments, restaurants, or even art galleries and studios. A generous tenant improvement allowance is available, allowing for customization to perfectly suit the tenant's vision. The cross street is 10th Street, further enhancing its accessibility and visibility. This blank slate property offers immense potential for a discerning tenant seeking a prominent location in Tulsa's vibrant downtown area.

    Property Features for 924 Detroit Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,000 SF
    Total Rate
    12833.33

    Building Details

    Year Built
    1923

    Unit(s) available at that property

    Space
    Size
    7,000 SF
    Rate per SF
    $22

    HighLights

    • 7,000 square foot commercial space divisible to 1,500 square foot units.
    • Located at 924 S Detroit Ave, Tulsa, OK 74120, in the Central Business District (CBD) on original Route 66.
    • 18.5‑foot high ceilings, open floor plan, bow truss structure.
    • Ample parking across 10th Street.
    • Multiple skylights, three entry points, $30/ft tenant improvement allowance.
    • $22 per square foot rent, five‑year minimum lease term.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Restaurant Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Tulsa
    County
    Tulsa
    State
    Oklahoma
    Longitude
    -95.984421
    Latitude
    36.1479697

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    FAQs

    What type of property is this?
    Restaurant - 7,000 SF, Flexible Space, RT 66
    Where is this restaurant located?
    The property is located at 924 Detroit Ave Tulsa, OK.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: 7,000 square foot commercial space divisible to 1,500 square foot units.; Located at 924 S Detroit Ave, Tulsa, OK 74120, in the Central Business District (CBD) on original Route 66.; 18.5-foot high ceilings, open floor plan, bow truss structure.
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    Tulsa, OK 74120
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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
    924 Detroit Ave Tulsa, OK 74120
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