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Property profile & analytics

1501 Muskogee Ave Tahlequah, OK 74464

  • Drive through restaurants
  • 5,042 SF
  • 0.87 lot acres
Value Estimation
Last Sale
Mar 30, 2023
$200,000
Location Intelligence
Property ID
US69-1378488
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.

Current Use by Public Records

  • Parachute - Plasma Donation Center / Blood Donation Center

Property Details for 1501 Muskogee Ave

Year built
1980
Lot size
0.87 lot acres
Property size
5,042 SF
Property type
Drive through restaurants
APN
3080-00-020-004-0-000-00
APU
308000020004000000

Description

This exceptional investment opportunity presents a brand-new, 6,917-square-foot medical office building in Tahlequah, Oklahoma. Located at 1501 S Muskogee Ave, this fee-simple property sits on a 0.87-acre lot and is currently leased to Parachute Plasma under a 20-year absolute triple-net (NNN) lease, offering significant long-term stability. The lease commenced upon closing and features a strong corporate guarantee from a multi-location company. The current annual net operating income (NOI) is $348,342, representing a 7.50% capitalization rate on the $4,644,560 asking price. The building, constructed in 2023, boasts a price per square foot of $671.47. A key feature of this lease is the built-in rent escalations

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $215,000
  • CAP approach

    CAP return
    Estimation
    6%
    $240,000
    6.5%
    $225,000
    7%
    $250,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $215,000
    Geo Method
    $235,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $230,000
    Retail
    $210,000
    Mixed-Use
    $235,000
    Hospitality
    $235,000
    Educational
    $235,000
    Residential Income
    $210,000
    Energy
    $245,000
    Income-Based Land
    $260,000
    Food Service
    $210,000

Location Insight

  • Map
  • Local Demand
City
Tahlequah
County
Cherokee
State
Oklahoma
Longitude
-94.9761
Latitude
35.8972
CBSA code
45140
CBSA name
TAHLEQUAH, OK MICROPOLITAN 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
$2,066
$7,082
$14,918
$22,000
-
$64,382
$135,618
$200,000
More about this property
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