This exceptional 15-acre industrial land parcel presents a unique investment opportunity in Tulsa, Oklahoma. Located at 4802 S 49th W Ave, Tulsa, OK 74107 (APN: 99229-92-29-19550), this property boasts a prime location and is zoned IM Industrial Medium, allowing for a variety of industrial uses. The site is easily accessible, level, and build-ready, featuring two points of ingress/egress. Utilities are readily available. The land is comprised of shale fill, significantly reducing site development costs. Conveniently situated near the new Gilcrease Expressway extension connecting to Hwy 412/Hwy 51 via an access road and 49th West Avenue (completion scheduled for September 2022). This location offers immediate access to I-44, I-244, the Creek Turnpike, and Highway 75, all within a 1.5-mile radius. The property's proximity to Polson Industrial Park, home to major employers such as Green Bay Packaging and Groendyke, further enhances its appeal. The parcel is approximately 15 acres and can be subdivided, offering flexibility for various development scenarios. Asking price is $3,000,000. This is a rare opportunity to acquire a strategically located, fully prepared industrial site in a thriving area of Tulsa.
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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Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.