1005 Sheridan Rd Tulsa, OK 74112-3107
- Bars
- 3,092 SF
- 0.46 lot acres
Current Use by Public Records
- Viola's Venue / Event Venue
Property Details for 1005 Sheridan Rd
- Year built
- 1976
- Construction
- WOOD FRAME
- Lot size
- 0.46 lot acres
- Property size
- 3,092 SF
- Zone code
- CS
- Property type
- Bars
- Property subtype
- Pubs
- APN
- 37800-93-02-13360
- APU
- 37800930213360
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Tulsa
- County
- Tulsa
- State
- Oklahoma
- Longitude
- -95.9042
- Latitude
- 36.1486
- CBSA code
- 46140
- CBSA name
- TULSA, OK METROPOLITAN STATISTICAL AREA