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    1007 Admiral Blvd Tulsa, OK 74120-1601
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    Property profile & analytics

    1007 Admiral Blvd Tulsa, OK 74120-1601


    • Flex space
    • 104,855 SF
    • 4.72 lot acres
    Off-Market
    Last Sale Jun 14, 2023
    $3,200,000
    Property ID
    US69-0138463
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $3,180,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Flex space

    Property Details for 1007 Admiral Blvd

    Year built
    1930
    Construction
    STEEL FRAME
    Lot size
    4.72 lot acres
    Property size
    104,855 SF
    Zone code
    IM
    Property type
    Flex space
    APN
    03325-92-01-00210
    APU
    3325920100210

    Description

    This exceptional investment opportunity presents a fully occupied, 106,000-square-foot industrial property situated on a 4.72-acre lot at 1007 E Admiral Blvd, Tulsa, OK 74120. The property, boasting a 9.72% cap rate and a strong NOI of $534,640, features two tenants under an absolute NNN lease structure with a remaining term of 5.1 years, expiring December 30, 2029. Built in 1930 and extensively renovated in 2024, the building includes a new roof and updated exterior. Key features include six loading docks, three dock-high doors, a 21-foot ceiling height, and ample parking for over 250 vehicles. The property benefits from a 3% annual rent increase built into the leases. Zoned IM (Industrial Medium) in Tulsa County, this multi-tenant facility offers a compelling combination of strong cash flow, built-in rent growth, and a recently completed renovation. The property includes 71,246 square feet available for a sale-leaseback with lease options of 2 or 5 years. The remaining 33,609 square feet is leased to a manufacturer of prefabricated homes and pharmacies. This presents a rare opportunity to acquire a high-performing industrial asset in a thriving Tulsa market. The asking price is $5,500,000, with a price per square foot of $51.89 and a price per unit of $2,750,000. The property's APN is 03325-92-01-00210 | Block-5.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $3,190,000
      ML approach
      $3,515,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $4,154,000
      Market price range: $2.76M - $11.3M
      AI Estimate
      $3,135,000
      Market price range: $3.14M - $6.40M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Tulsa
    County
    Tulsa
    State
    Oklahoma
    Longitude
    -95.9785
    Latitude
    36.1603
    CBSA code
    46140
    CBSA name
    TULSA, OK METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $31,012
    $68,112
    $162,888
    $231,000
    -
    $619,200
    $1,480,800
    $2,100,000
    More about this property
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