86Th St Owasso, OK 74055
- Retail properties
- 3.38 lot acres
Current Use by Public Records
- Retail properties
Property Details for 0 86Th St
- Lot size
- 3.38 lot acres
- Property type
- Retail properties
- Property subtype
- Drug stores
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Owasso
- County
- Tulsa
- State
- Oklahoma
- Longitude
- -95.8839
- Latitude
- 36.2786
