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    1217 48th St Tulsa, OK 74105-4701
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    Property profile & analytics

    1217 48th St, Tulsa, OK 74105-4701

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    • Medical Office Space
    • 11,512 SF
    • 0.77 lot acres
    Off-Market
    Last Sale Mar 4, 2024
    $1,765,000
    Property ID
    US69-0348342
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,765,000
    Show details
    Cap Rate Potential
    7%
    Medical Office Space
    Location Intelligence

    Current Use by Public Records

    • L MICHELLE ROBERTSON / Physician
    • Access Medical Center Urgent Care Tulsa / Medical Clinic
    • Dr. Joe Sagely, D. O. / Physician

    Property Details for 1217 48th St

    Year built
    1952
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.77 lot acres
    Zone code
    CH
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    13375-92-25-02340
    APU
    13375922502340

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 4, 2024 $1,765,000 Aj 1217 E 48th St LLC Psarj LLC Warranty Deed $1.8M · Rcb Bank
    Apr 8, 2013 $1,275,000 Psarj LLC Jardu Properties LLC Warranty Deed $2M · Avb Bank
    Mar 30, 2012 — Jardu Properties LLC Citizens Bk Of Ok Quit Claim Deed · related —
    Mar 20, 2012 — Citizens Bk Of Ok Sheriff Of Tulsa County Trustees Deed · related —
    Mar 11, 2009 — Learning Centers In Mastermind — Trustees Deed · related $76k · Regent Bank
    — — Learning Centers In Mastermind — Deed Of Trust · related $200k · Bank Of Oklahoma
    — — Mastermind Internet Svcs INC — Deed Of Trust · related $100k · Bank Of Oklahoma

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,765,000
      ML approach
      $1,765,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $2,055,000
      6.5%
      $1,895,000
      7%
      $1,760,000
    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $1,975,000
      Current use
      RESTAURANT
      $2,740,000
      Change: +39% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Tulsa
    County
    Tulsa
    State
    Oklahoma
    Longitude
    -95.9763
    Latitude
    36.095
    CBSA code
    46140
    CBSA name
    TULSA, OK METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $34,819
    $73,370
    $185,988
    $259,358
    -
    $667,000
    $1,690,800
    $2,357,800
    More about this property
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