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    1036 Garnett Rd Tulsa, OK 74128

    For Sale
    $1,400,890

    2.68 Acres, Dividable, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 2.68-acre commercial land parcel presents a unique investment opportunity in Tulsa, Oklahoma. Located at 1036 S. Garnett Rd, this property boasts a highly desirable location just north of the busy 11th & Garnett intersection, ensuring excellent visibility and accessibility. The site's former use as a hotel provides a solid foundation for redevelopment, and its adjacency to a Sonic Drive-In further enhances its appeal. With over 165 feet of frontage on South Garnett Road, this property offers significant exposure to a substantial customer base. Market analysis indicates over 70,000 people reside within a three-mile radius, underscoring the strong potential for a variety of commercial ventures. The property's zoning allows for division, providing flexibility for developers seeking smaller parcels or those interested in creating a multi-tenant development. The asking price for this prime commercial land is $1,400,890. This represents a compelling investment opportunity in a thriving Tulsa location with high traffic counts and a strong demographic profile. The property is situated in Tulsa County, Oklahoma, with a zip code of 74128. Its coordinates are 36.1492171 latitude and -95.8518233 longitude. Serious inquiries are encouraged.

    Property Features for 1036 Garnett Rd

    General Information

    Property type
    Land
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Hair Salon Wholesale Shop Auto Repair Shop Clothing Store Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Tulsa
    County
    Tulsa
    State
    Oklahoma
    Longitude
    -95.8518233
    Latitude
    36.1492171

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    FAQs

    What type of property is this?
    Land - 2.68 Acres, Dividable, High Traffic
    Where is this land located?
    The property is located at 1036 Garnett Rd Tulsa, OK.
    What is the asking price?
    The asking price for this property is $1,400,890.
    (918) 481-8888
    Request Owner's contact information
    1036 Garnett Rd Tulsa, OK 74128
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    Tulsa, OK 74128
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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
    1036 Garnett Rd Tulsa, OK 74128
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