924 Detroit Ave Tulsa, OK 74120
- Warehouses
- 7,000 SF
- 0.16 lot acres
Current Use by Public Records
- Warehouses
Property Details for 924 Detroit Ave
- Year built
- 1927
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.16 lot acres
- Property size
- 7,000 SF
- Zone code
- CBD
- Property type
- Warehouses
- APN
- 00500-92-01-43330
- APU
- 500920143330
Description
This exceptional 7,000 square foot commercial property, located at 924 S Detroit Ave in Tulsa, OK (zip code 74120), presents a unique opportunity for a variety of businesses. Built in 1923 and situated on the original Route 66 alignment, this building boasts a prime location within the city's Central Business District (CBD) zoning. The space is currently entirely vacant and offers maximum contiguous space of 7,000 square feet, with a minimum divisible unit of 1,500 square feet, providing flexibility for various tenant needs. The high ceilings, measuring 18 feet, create a bright and spacious atmosphere ideal for creative uses. The property's versatile nature makes it suitable for a wide range of businesses, including coworking spaces, creative offices, executive suites, traditional offices, retail establishments, restaurants, or even art galleries and studios. A generous tenant improvement allowance is available, allowing for customization to perfectly suit the tenant's vision. The cross street is 10th Street, further enhancing its accessibility and visibility. This blank slate property offers immense potential for a discerning tenant seeking a prominent location in Tulsa's vibrant downtown area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $740,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $655,000
- 6.5%
- $640,000
- 7%
- $590,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $705,000
- Geo Method
- $715,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $640,000
- Retail
- $745,000
- Mixed-Use
- $745,000
- Hospitality
- $605,000
- Educational
- $645,000
- Residential Income
- $735,000
- Energy
- $690,000
- Income-Based Land
- $600,000
- Food Service
- $615,000
Location Insight
- Map
- Local Demand
- City
- Tulsa
- County
- Tulsa
- State
- Oklahoma
- Longitude
- -95.9844
- Latitude
- 36.148
- CBSA code
- 46140
- CBSA name
- TULSA, OK METROPOLITAN STATISTICAL AREA