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Property profile & analytics
OFF-MARKET Estimated value $1,765,000
Medical Office Space

1217 48th St Tulsa, OK 74105-4701

11,512 SF 0.77 ac lot Built 1952
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US69-0348342
Property summary
AI-generated overview

This exceptional single-story building, totaling 11,537 square feet, offers two available suites ideal for medical or creative office uses. Located on Peoria Avenue with excellent 48th Street cross-access, this hard-corner location boasts high visibility and convenient access to I-44 and Riverside Drive. The property features ample parking with 39 spaces, many conveniently located at the front entrance. Suite 101, a move-in ready space, encompasses 3,586 square feet. Suite 102 offers 2,401 square feet of shell space, providing flexibility for tenant build-out. The minimum divisible space is 2,401 square feet, with a maximum contiguous space of 5,987 square feet currently vacant. The building is zoned CH, reflecting its suitability for a variety of commercial uses. This property presents a unique opportunity for businesses seeking a prominent location with excellent accessibility and ample parking. The total building consists of two suites in a single building. The property is conveniently located near major transportation arteries, offering easy commutes for employees and clients. The available space is perfect for businesses needing a high-profile location with immediate access to a large parking area. Janitorial services are the responsibility of the tenant.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1952
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 11,512 SF
Lot 0.77 ac (33,367 SF)
Zoning code CH
APN 13375-92-25-02340
UPID US69-0348342
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
  • L MICHELLE ROBERTSON Physician
  • Access Medical Center Urgent Care Tulsa Medical Clinic
  • Dr. Joe Sagely, D. O. Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.77M
CAP Approach CAP
$1.90M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.77M
Owner & transaction history
Aj 1217 E 48th St LLC · 2 yrs held
Aj 1217 E 48th St LLC
since 2024
Last sale
$1.8M
7 recorded transactions
2024
$1.8M
2013
$1.3M
2012
Price N/A
2012
Price N/A
2009
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
CH · Tulsa, OK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

CH Commercial-High CBD Central Business IL Industrial-Light IM Industrial-Moderate IH Industrial-Heavy Most intensive O, C or I district B. Purposes. 1. General. Office, commercial and industrial zoning districts are intended to accommodate and promote neighborhood, community- and region-serving commercial uses, as well as industrial and employment uses. 2.…

Zone name Commercial High
General category COMMERCIAL
Zone area 2,143.56 ac
Source code of ordinances
Top alternative use upside
Restaurant $2.7M +38.7%
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