Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    999 101St St Broken Arrow, OK 74011

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    999 101St St Broken Arrow, OK 74011

    View on Map
    • Land
    • 6.58 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 999 101St St

    Lot size
    6.58 lot acres
    Property type
    Land

    Description

    This exceptional 6.58-acre commercial land parcel is ideally situated at the northwest corner of East 101st Street and South Lynn Lane in Broken Arrow, Oklahoma. Zoned A-1 with future commercial land use designation, this property boasts 401 feet of frontage on Lynn Lane and 686 feet of frontage along East 101st Street, a major thoroughfare with a daily traffic count of 11,300 vehicles. Utilities, including water and electricity, are readily available on-site; sewer access is approximately 850 feet away on 101st Street. The property's prime location offers unparalleled visibility and accessibility, just 1.5 miles west of Northeastern State University and conveniently close to the Creek Turnpike and numerous national retailers. This high-growth corridor is surrounded by dense residential development, making it an attractive location for a variety of commercial ventures, including retail, professional offices, or medical facilities. The asking price is $990,000, translating to $150,456 per acre. The APN is 98423-84-23-51560. This is a truly remarkable opportunity to capitalize on the burgeoning commercial landscape of south Broken Arrow, Tulsa County, Oklahoma, zip code 74011.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Broken Arrow
    County
    Tulsa
    State
    Oklahoma
    Longitude
    -95.7796
    Latitude
    36.0176

    Comparable in this City

    • Value Estimation by Request
      2.05 Acres

      Indianwood Ave

      Land • 2.05 Acres
      0 Indianwood Ave, Broken Arrow, OK 74011
      View Details
    • Value Estimation by Request
      11.68 Acres

      101 & 129 Ave

      Land • 11.68 Acres
      0 101 & 129 Ave, Broken Arrow, OK 74011
      View Details
    • Value Estimation by Request
      13.79 Acres

      111Th St

      Land • 13.79 Acres
      0 111Th St, Broken Arrow, OK 74011
      View Details
    • Value Estimation by Request
      2.66 Acres

      Neq Of Aspen Ave & Crk Tpke

      Land • 10,783 SF
      0 Neq Of Aspen Ave & Crk Tpke, Broken Arrow, OK 74011
      View Details
    • Value Estimation by Request
      22.95 Acres

      6800 Elm Pl

      Farms • 22.95 Acres
      6800 Elm Pl, Broken Arrow, OK 74011
      View Details
    • Value Estimation
      $525,000
      2,156 SF

      4801 Elm Pl

      COMMERCIAL (GENERAL) • 2,156 SF
      4801 Elm Pl, Broken Arrow, OK 74011-4822
      View Details

    Similar Nearby for Sale

    • $599,000
      1.63 Acres

      Broken Arrow Vacant Land Parcel

      1.63 acres of vacant land zoned for office neighborhood.
      425 W Tucson St S, Broken Arrow, OK 74011
      View Details
    • Contact for pricing

      2.05 Acres Commercial Land

      2.05 acres of commercial land for sale.
      Indianwood Ave, Broken Arrow, OK 74011
      View Details
    • $699,000
      Pending

      Commercial Lot in Broken Arrow

      Large commercial lot in a prime Broken Arrow location.
      E 111Th St, Broken Arrow, OK 74011
      View Details
    • $1,125,000
      4.86 Acres

      Broken Arrow Development Opportunity

      4.86 acres in growing Broken Arrow, Oklahoma.
      17820 E 101St St, Broken Arrow, OK 74011
      View Details
    • $195,000
      0.75 Acres

      Broken Arrow Acreage Opportunity

      0.75 acre lot in convenient Broken Arrow location.
      132nd E 132Nd Pl S, Broken Arrow, OK 74011
      View Details
    • Contact for pricing

      Commercial Land in Broken Arrow

      Commercial land available in Broken Arrow, Oklahoma.
      500 W Florence St, Broken Arrow, OK 74011
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr
      1,250 SF

      Retail Space in Spring Creek

      New construction retail space available in Spring Creek Plaza.
      6625 S Elm Pl, Broken Arrow, OK 74011
      View Details
    • Contact for pricing
      2,000 SF

      Retail Space in Broken Arrow

      2000 SF retail space available for lease.
      732 W New Orleans St, Broken Arrow, OK 74011
      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.
    999 101St St
    Broken Arrow, OK 74011
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!