1960 Houston St Broken Arrow, OK 74012
This exceptional 2.5-acre commercial land parcel in Broken Arrow, Oklahoma, presents a unique investment opportunity. Located at 1960 W Houston St, 74012, in Tulsa County, this property offers significant potential for multifamily development. The current zoning allows for multifamily use, and the site is ideally suited for two pad sites, each ranging from 30,000 to 50,000 square feet, with a shared central entrance. An additional 2.5 acres of land to the north, also zoned for multifamily, provides further expansion possibilities. The asking price is $15 per square foot. This high-density residential area boasts established retail businesses at all four corners of the intersection, ensuring high visibility and convenient access for future residents. The property's strategic location and development potential make it an attractive investment for discerning buyers seeking a prime location in a thriving market. This is a rare opportunity to acquire a substantial land parcel in a desirable area with excellent potential for significant returns. Contact us today for more details.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.