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Property profile & analytics
OFF-MARKET Estimated value $210,000
Warehouses

103 3rd St Owasso, OK 74055

3,814 SF 0.22 ac lot Built 1960
Entity Owned 16-yr Hold ~ Est. High Equity
Property ID
US69-0168400
Property summary
AI-generated overview

This exceptional mixed-use property, located at 103 W 3rd Street, Unit 103, in Owasso, Oklahoma's vibrant Redbud District, presents a unique investment opportunity. Spanning 837 square feet and situated on a sizable 0.22-acre lot, this property offers significant potential for a variety of uses. The building itself boasts recently updated plumbing and an electrical panel, ensuring modern functionality. Ample parking is available on the property, a significant advantage in a bustling area. The sale includes both the main building and a barn, both sold in "as-is" condition. This presents a chance to acquire a well-located property with considerable space and potential for immediate income generation or future development. The property's prime location within the Redbud District offers excellent visibility and accessibility, making it an attractive proposition for business owners and investors alike. The large lot provides ample room for expansion or outdoor activities, further enhancing its versatility. This is a rare opportunity to own a piece of Owasso's thriving commercial landscape. Serious inquiries are encouraged to explore the full potential of this remarkable property. The asking price is $249,900.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1960
Construction WOOD FRAME
Total area 3,814 SF
Lot 0.22 ac (9,540 SF)
Zoning code DM
APN 61000-14-30-00050
UPID US69-0168400
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Lowman Travel (Tammy Scott) Travel Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$210k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$210k
Owner & transaction history
Platinum Property Mgmt LLC · 16 yrs held
Platinum Property Mgmt LLC
since 2009
3 recorded transactions
2009
$60,000
2009
Price N/A
1969
Price N/A
Zoning & alternative use
DM · Owasso, OK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

DM Downtown Mixed PF Public Facilities (PF and DM Districts excluded from scale) The Residential Mobile Home Park (RMH), Commercial General (CG), Commercial High Intensity (CH), and Industrial Heavy (IH) zoning dis tricts are carried forward from the previous version of this Code and are hereby considered “legacy” districts. All existing lots and uses within…

Zone name Downtown Mixed
General category MIXED_USE
Zone area 51.34 ac
Source Owasso Zoning Code PDF
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