116 Main St, Sperry, OK 74073
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
C · Sperry, OKSperry. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.