1005 Sheridan Rd, Tulsa, OK 74112-3107
This exceptional mixed-use investment property in Tulsa, Oklahoma, presents a rare opportunity to acquire a substantial portfolio of income-generating assets. The main structure is a 26,100 square foot strip mall featuring 23 rental units, all currently occupied. Adding to the property's value are two additional commercial buildings, totaling 1,675 square feet (1176 sq ft + 499 sq ft), also fully leased. A vacant retail space with a steel awning offers immediate potential for increased revenue. Further enhancing the investment potential is a two-story residential building boasting three bedrooms, two and a half bathrooms, and eight total rooms, complete with a detached garage offering potential for conversion into an apartment. An additional small structure on the property also presents rental possibilities. The 5.4-acre lot includes a fenced vacant lot featuring a Lamar advertising sign, generating passive income for the owner. The property's strategic location near the Tulsa airport and I-244 ensures high visibility and convenient access. This turnkey investment offers a diverse range of income streams and significant upside potential for a savvy investor. Showings are by appointment only.
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Viola's Venue Hotel & Motel Resort
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CS · Tulsa, OKTulsa. Always verify with local authorities before improvements.
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.