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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

0 86Th St Owasso, OK 74055

3.38 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 3.38-acre retail property in Owasso, Oklahoma, presents a compelling investment opportunity. Located on the southeast corner of North Memorial and 86th Street North, this commercially zoned (Commercial Shopping) site boasts high visibility and accessibility. The property is conveniently situated equidistant between Highways 75 and 169, ensuring significant traffic flow and exposure to a large customer base. A key advantage is its adjacency to a new 240-unit multifamily development, currently under construction, with occupancy commencing July 2024 and project completion in December 2024. This proximity guarantees a built-in customer base for future tenants. The asking price for the entire 3.38-acre parcel is $995,000, translating to $6.76 per square foot. The property is divisible, offering flexibility for various development scenarios. The Tulsa County location, with a 74055 zip code, provides access to a thriving community. This prime location, coupled with the impending influx of residents from the adjacent multifamily complex, makes this a truly remarkable investment prospect for discerning buyers seeking high-growth potential in the Owasso market. The property is zoned for a variety of uses, including QSR/Fast Food, Convenience Store, and Pharmacy/Drug store.

Property profile
Verified
Property type Retail properties & Spaces
Lot 3.38 ac (147,233 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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