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    OFF-MARKET
    Warehouses

    116 Main St, Sperry, OK 74073

    3,475 SF 0.51 ac lot Built 1945
    Entity Owned 3-yr Hold Free & Clear
    Property ID
    US69-0842087
    Property summary
    AI-generated overview

    This exceptional 0.6-acre commercial land parcel, located at 116 N Main Street in Owasso, Oklahoma (zip code 74055), presents a unique investment opportunity in the vibrant Redbud District. The property boasts a substantial 5,257 square feet of space, ideal for a diverse range of commercial ventures, including retail, office, or service-oriented businesses. Its prime location in a high-traffic area ensures excellent visibility and accessibility, maximizing exposure for any business operating from this site. The property's versatility allows for customization to suit specific business needs. The asking price is $875,000. This is a chance to establish a presence in a thriving business environment within a family-friendly neighborhood. Note that an adjacent residential property is also available for purchase, offering potential for synergistic investment opportunities. The property is situated in Tulsa County and offers significant potential for growth and return on investment. The interior requires finishing to the buyer's specifications.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1945
    Construction WOOD FRAME
    Total area 3,475 SF
    Lot 0.51 ac (22,303 SF)
    Zoning code C
    APN 63700-12-13-00610
    UPID US69-0842087
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Bridgeman Properties LLC · 3 yrs held
    Bridgeman Properties LLC
    since 2022
    Last sale
    $70,000
    1 recorded transaction
    2022
    $70,000
    Zoning & alternative use
    C · Sperry, OK
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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