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Property profile & analytics
FOR LEASE
Retail space

11215 N Garnett Rd Owasso, OK 74055

7,000 SF 0.92 ac lot Built 1984
Entity Owned 14-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US69-0290553
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1984
Construction STEEL FRAME
Total area 7,000 SF
Lot 0.92 ac (39,988 SF)
Zoning code CS
APN 61070-14-08-48320
UPID US69-0290553
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
  • Infinity Healing Massage Clinic Alternative Medicine Practice Spa & Massage Center
  • The Current Buzz Cannabis Newspaper Publishing House Newspaper & Magazine
  • VAPING KICKS ASH - Owasso (Bike/Boat/Book/etc) Store Alternative Medicine Practice
  • Blue Collar Barber Co. Barber Shop
  • The Current Buzz Magazine Publishing House
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$690k
Blend (final) Blend
$590k
Owner & transaction history
German Corner Busn Center LLC · 14 yrs held
German Corner Busn Center LLC
since 2012
2 recorded transactions
2012
$429,000
1969
Price N/A
Zoning & alternative use
CS · Owasso, OK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

6.2.1 CS (Commercial Shopping) District. The CS (Commercial Shopping) district is designed to accommodate convenien t neighborhood, community, and regional shopping centers that provide a wide range of retail and personal service uses. 6.2.2 CG (Commercial General) Legacy District. The CG (Commercial General) Legacy district is designed to accommodate commer…

Zone name Commercial Shopping
General category COMMERCIAL
Zone area 1,201.48 ac
Source Owasso Zoning Code PDF
Top alternative use upside
Office building $815,000 +6.9%
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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