12525 116Th St Owasso, OK 74055
This exceptional 7.643-acre commercial property in Owasso, Oklahoma, presents a unique investment opportunity. Located at 12525 E 116th St N, Tulsa County, zip code 74055 (36.2726958, -95.8353837), the property is divided into two distinct parcels. Parcel 'A' encompasses 5.704 acres and is zoned RM. This parcel is offered at $1,366,564.32, translating to $5.50 per square foot. Parcel 'B', measuring 1.939 acres, is zoned CS and is priced at $675,702.75, or $8.00 per square foot. The total asking price for the combined 7.643 acres is $2,042,267. This prime location in Owasso offers significant potential for various commercial developments, given the diverse zoning designations (RM and CS). The property's size and strategic location make it an attractive prospect for investors seeking a substantial land holding in a thriving Oklahoma community. Serious inquiries are encouraged to explore the possibilities this exceptional property offers.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.