Property profile

221 2nd St Sand Springs, OK 74063

OFF-MARKET
Turn key restaurants
Property ID
US69-0047163
2,815 SF 0.32 ac lot Built 1974
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1974
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,815 SF
Lot 0.32 ac (13,983 SF)
Zoning code CH
APN 61475-91-11-04450
UPID US69-0047163

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

221 2nd St Sand Springs, OK 74063-7901
Sand Springs metro Census 9200 TULSA, OK METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2018
4 recorded transactions
2018
Price N/A
2009
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CH · Sand Springs, OK
Zoning description

Historic Preservation; Appendix A: Added “E” to CH for Use Unit 6 Single-Family Dwelling, Use Unit 16 Mini-Storage changed to “S’ and deleted Use Unit 18 Drive-in Restaurants shown incorrectly as a permitted use in CBD a…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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