201 Main St Owasso, OK 74055-3436
This exceptional Class A mixed-use property, located at 201 S Main St in Owasso, Oklahoma, presents a compelling investment opportunity. The 33,960 square foot building, constructed in 2018, sits on a 1.91-acre lot and boasts a 7.16% cap rate. Currently 100% leased, the property features a blend of executive office and restaurant space, strategically positioned within Owasso's vibrant Redbud District. The building's high-end finishes and quality brick construction reflect its Class A designation. The asking price is $10,300,000, translating to $303.30 per square foot. The three-story building benefits from a triple net (NNN) lease structure for the retail and office components. This prime location in one of Oklahoma's fastest-growing suburbs ensures strong tenant demand and long-term investment stability. The property's varied lease terms and robust occupancy make it an attractive addition to any portfolio. Detailed financial information and lease specifics are available upon request. Don't miss this chance to acquire a high-performing asset in a thriving market.
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DM Downtown Mixed PF Public Facilities (PF and DM Districts excluded from scale) The Residential Mobile Home Park (RMH), Commercial General (CG), Commercial High Intensity (CH), and Industrial Heavy (IH) zoning dis tricts are carried forward from the previous version of this Code and are hereby considered “legacy” districts. All existing lots and uses within…
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
DM · Owasso, OKDM Downtown Mixed PF Public Facilities (PF and DM Districts excluded from scale) The Residential Mobile Home Park (RMH), Commercial General (CG), Commercial High Intensity (CH), and Industrial Heavy (IH) zoning dis tricts are carried forward from the previous version of this Code and are hereby considered “legacy” districts. All existing lots and uses within these legacy districts are considered legal and conforming, provided that they conform to the applicable regulations of the prior version of this Code. New developments within a legacy zoning district must adhere to all applicable regulations of this Code. No property may be zoned or rezoned into a legacy zoning district after the date of adoption of this Code. For other previously existing zoning districts that are no longer d escribed in this Code, refer to the zoning district that most closely matches the district in question. The Community Development Director or their designee shall make a determination.
No recorded transactions found for this property.
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.