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Property profile & analytics
OFF-MARKET
Mixed-use properties

201 Cheyenne Ave Tulsa, OK 74103

30,746 SF
Property ID
Property summary
AI-generated overview

This exceptional mixed-use property, located at 201 S Cheyenne Ave in Tulsa, Oklahoma, presents a unique investment opportunity. The former Seismograph Services Building comprises two three-story buildings totaling 30,746 square feet on a 21,000 square foot lot. Situated in the heart of Tulsa's Central Business District (CBD), this vacant property is zoned CH and offers significant potential for residential conversion or office/storage use. The asking price is $2,300,000, translating to $74.81 per square foot. Key features include a partial basement with an interior dock, providing convenient access and loading capabilities. The property boasts approximately 18-20 on-site parking spaces, a significant advantage in a bustling urban environment. Its prime location offers immediate proximity to the BOK Center, numerous hotels, the Federal Courthouse, and a variety of restaurants, all within a single block. Further enhancing its appeal, this property is located in both an Opportunity Zone and a Tax Increment Financing (TIFF) District, potentially unlocking additional incentives for the right developer. The building is currently in shell condition, allowing for complete customization to suit a wide range of development plans. Adjacent to a 1200-car public parking garage, this property offers unparalleled convenience and accessibility.

Property profile
Verified
Property type Mixed-use properties
Total area 30,746 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
Current use
Occupant on record · Public records
  • THIS IS NOT Hilton Garden Inn Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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