Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    4681 83 Ave Tulsa, OK 74145
    Property profile & analytics

    4681 83 Ave, Tulsa, OK 74145

    View on Map
    • Warehouses
    • 3,200 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 4681 83 Ave

    Property type
    Warehouses
    Property subtype
    Office Spaces

    Description

    This exceptional freestanding office/warehouse building in South Tulsa presents a unique opportunity for a single tenant. Boasting a total of 3,200 square feet, the property offers a well-balanced layout combining 1,000 square feet of modern office space with 2,200 square feet of warehouse area. The building has undergone a complete renovation, ensuring a move-in ready condition for the discerning business owner. Located at 4681 S 83rd E Ave, Tulsa, OK 74145, in Tulsa County, this property sits on a generous 10,002 square foot lot. A significant advantage is the inclusion of a large, secured, and concreted area of approximately 3,500 square feet at the rear of the building, ideal for secure outside storage or additional operational space. The property's single-tenant occupancy ensures privacy and control, making it perfect for a variety of businesses seeking a functional and well-maintained space. This prime South Tulsa location offers easy access to major transportation routes and amenities, enhancing its overall appeal and potential. The combination of renovated interior, ample storage space, and convenient location makes this a truly compelling investment opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Tulsa
    County
    Tulsa
    State
    Oklahoma
    Longitude
    -95.8828
    Latitude
    36.0961

    Comparable in this City

    • Value Estimation by Request
      17,200 SF

      7370 38Th St

      Coworking space
      7370 38Th St, Tulsa, OK 74145
      View Details
    • Value Estimation by Request
      22,500 SF

      5130 94 Ave

      Distribution properties
      5130 94 Ave, Tulsa, OK 74145
      View Details
    • Value Estimation by Request

      8210-8290 41St St

      Distribution properties
      8210-8290 41St St, Tulsa, OK 74145
      View Details
    • Value Estimation by Request
      12,420 SF

      8175 46Th St

      Distribution properties
      8175 46Th St, Tulsa, OK 74145
      View Details
    • Value Estimation by Request
      30,924 SF

      4109 72 Ave

      Distribution properties
      4109 72 Ave, Tulsa, OK 74145
      View Details
    • Value Estimation by Request
      33,640 SF

      5401 Sheridan Tulsa Ok

      Flex space
      5401 Sheridan Tulsa Ok, Tulsa, OK 74145
      View Details

    Similar Nearby for Sale

    • $2,600,000

      Tulsa Flex Space with Heavy Power

      38,896 SF flex space with office and warehouse components.
      7700 E 38Th St, Tulsa, OK 74145
      View Details
    • Contact for pricing
      12,420 SF

      Industrial Property with Gated Yards

      Two buildings with warehouse space and gated yards for sale.
      8173-8175 E 46Th St, Tulsa, OK 74145
      View Details
    • Contact for pricing
      1,650 SF

      Industrial Flex Space For Sale

      1,650 SF flex space on 10.23 acres, Tulsa, OK.
      7648 E 46Th Pl, Tulsa, OK 74145
      View Details
    • Contact for pricing
      1,739 SF

      Office Space with Private Entry

      Office space featuring six offices, wet bar, and reception area.
      5840 S Memorial Dr, Tulsa, OK 74145
      View Details
    • $1,000,000

      Tulsa Flex Space For Sale

      Flex space available for purchase in Tulsa, Oklahoma.
      8540 East 41St St, Tulsa, OK 74145
      View Details
    • Contact for pricing
      13,500 SF

      Retail Property with Lease Extension

      Retail property featuring a corporate-guaranteed lease with increases.
      4971 S Memorial Dr, Tulsa, OK 74145
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      52,500 SF

      Tulsa Warehouse & Distribution Space

      495,000 SF warehouse centrally located with access to major highways.
      7001-7087 E 38Th St, Tulsa, OK 74145
      View Details
    • Contact for pricing

      Climate Controlled Warehouse Space Available

      2,030 SF renovated warehouse with office and HVAC.
      4468 S 74Th East Ave E, Tulsa, OK 74145
      View Details
    • $6 SF/Yr

      Climate-Controlled Flex Space in Tulsa

      38,896 SF flex space with office and warehouse components.
      7700 E 38Th St, Tulsa, OK 74145
      View Details
    • Contact for pricing
      38,896 SF

      Climate-Controlled Warehouse with Fenced Yard

      Climate-controlled warehouse in central Tulsa with convenient highway access.
      7700 E 38Th St, Tulsa, OK 74145
      View Details
    • Contact for pricing
      8,340 SF

      Industrial Space with Recent Updates

      Industrial space featuring dock doors, grade doors, and signage.
      7302 E 38Th St, Tulsa, OK 74145
      View Details
    • Contact for pricing
      10,800 SF

      Industrial Complex with Highway Access

      Centrally located industrial complex with great highway access for rent.
      6565 E 40Th St, Tulsa, OK 74145
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4681 83 Ave
    Tulsa, OK 74145
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    4681 83 Ave, Tulsa, OK, 74145
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!