Property profile

224 Main St Sand Springs, OK 74063

FOR SALE
Retail space
Property ID
US69-2285154
3,375 SF 0.08 ac lot Built 1930
Entity Owned 12-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

The property is a full brick commercial building located in downtown Sand Springs within Tulsa County, on a 0.08-acre lot. It contains approximately 3,375 square feet of interior space and features 16-foot ceilings. The building was completely gutted and is configured for a new interior design. Exterior and roofing improvements include a TPO roof installed in late 2019. The roof level includes five HVAC units. Access features include a two-car garage entrance added at the alley and an additional single-door entrance, and there is a mural on the north exterior wall. The property is zoned CH.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1930
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,375 SF
Lot 0.08 ac (3,485 SF)
Zoning code CH
APN 61475-91-11-04950
UPID US69-2285154

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
  • Shopping Center & Mall

Location

224 Main St Sand Springs, OK 74063
Sand Springs metro Census 9300 TULSA, OK METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

since 2014
4 recorded transactions
2022
Price N/A
2014
$177,000
2008
$175,000
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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More about this property
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