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    Broken Arrow, OK 74012

    Sponsored
    For Sale
    $695,000

    ±1.98 Acres, $695,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional ±1.98-acre commercial property presents a unique development opportunity in the thriving city of Broken Arrow, Oklahoma. Located at the highly visible intersection of NE 61st Street (Albany) and 145th East Avenue (Aspen), this parcel boasts significant frontage on 61st Street, placing it in close proximity to the Hampton Inn. The property's strategic location offers excellent visibility and accessibility, making it ideal for a variety of commercial uses. The asking price is $695,000, translating to approximately $8.06 per square foot. Situated in Tulsa County, Oklahoma, with a zip code of 74012, this site is conveniently located within a rapidly growing area, offering substantial potential for future appreciation. The property's size and location make it suitable for a wide range of development projects, from retail and restaurants to office spaces or other commercial ventures. Detailed site plans and zoning information are available upon request. This is a rare opportunity to acquire a prime piece of commercial real estate in a highly desirable location. Don't miss out on this chance to secure a valuable asset in a booming market. The coordinates are 36.0754618 latitude and -95.8152639 longitude.

    Property Features for 0

    General Information

    Property type
    Specialty properties
    Lot Size
    86,249 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Broken Arrow
    County
    Tulsa
    State
    Oklahoma
    Longitude
    -95.8152639
    Latitude
    36.0754618

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    FAQs

    What type of property is this?
    Specialty property - ±1.98 Acres, $695,000
    Where is this specialty property located?
    The property is located at Broken Arrow, OK.
    What is the asking price?
    The asking price for this property is $695,000.
    (918) 344-9904
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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
    Broken Arrow, OK 74012
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