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    Property profile & analytics

    224 Martin Luther King Jr Blvd Tulsa, OK 74103

    • Turn key restaurants
    • 1,248 SF
    • 2.07 lot acres
    OFF-MARKET
    Value Estimation
    $330,000
    Last Sale
    Jun 12, 2020
    Location Intelligence
    Property ID
    US69-0084948
    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

    • Turn key restaurants

    Property Details for 224 Martin Luther King Jr Blvd

    Year built
    2012
    Construction
    CONCRETE
    Lot size
    2.07 lot acres
    Property size
    1,248 SF
    Zone code
    CBD
    Property type
    Turn key restaurants
    APN
    00500-92-01-27540
    APU
    500920127540

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Tulsa
    County
    Tulsa
    State
    Oklahoma
    Longitude
    -95.9921
    Latitude
    36.1595
    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
    $1,825
    $3,351
    $10,245
    $13,596
    -
    $1,354,455
    $4,138,000
    $5,492,455

    Comparable in this City

    • Value Estimation by Request
      2,656 SF

      109 Cincinnati Ave

      RESTAURANT • 2,656 SF
      109 Cincinnati Ave, Tulsa, OK 74103-2809
      View Details
    • Value Estimation
      $205,000
      5,895 SF

      419 Main St

      RESTAURANT • 5,895 SF
      419 Main St, Tulsa, OK 74103
      View Details
    • Value Estimation by Request
      5,530 SF

      309 Main St

      RESTAURANT • 5,530 SF
      309 Main St, Tulsa, OK 74103-3614
      View Details
    • Value Estimation
      $695,000
      20,774 SF

      201 Main St

      RESTAURANT • 20,774 SF
      201 Main St, Tulsa, OK 74103-2005
      View Details
    • Value Estimation by Request
      7,400 SF

      14 Reconciliation Way

      RESTAURANT • 7,400 SF
      14 Reconciliation Way, Tulsa, OK 74103-7818
      View Details
    • Value Estimation by Request
      6,950 SF

      124 Boston Ave

      RESTAURANT • 6,950 SF
      124 Boston Ave, Tulsa, OK 74103-2020
      View Details

    Similar Nearby for Sale

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      Downtown Tulsa Restaurant Opportunity

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      Historical Mixed-Use Building Downtown Tulsa

      Two-story building suitable for office, retail, or mixed-use.
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      Downtown Tulsa Mixed-Use Opportunity

      Prime CBD location, 30,746 SF, two buildings.
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    • Contact for pricing
      3,200 SF

      Creative Office Space in Tulsa

      3,200 SF creative office space in the Arts District.
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    Similar Nearby for Lease

    • $15 SF/Yr
      5,062 SF

      Downtown Tulsa Restaurant Space Available

      Prime restaurant space in downtown Tulsa with two commercial kitchens.
      324 S Main St, Tulsa, OK 74103
      View Details
    • $16 SF/Yr
      2,700 SF

      Downtown Tulsa Retail Space

      Prime downtown Tulsa retail space with flexible floor plan.
      403 S Cheyenne Ave, Tulsa, OK 74103
      View Details
    • $24 SF/Yr
      2,109 SF

      Retail Space in Tulsa, OK

      2109 SF retail space available for lease.
      521 E 2Nd St S, Tulsa, OK 74103
      View Details
    • $13 SF/Yr
      133,959 SF

      Thompson Building: Tulsa Office Space

      Historic Downtown Tulsa Office, 10 Suites Available
      20 5Th St, Tulsa, OK 74103
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    • $25 SF/Yr
      28,053 SF

      Downtown Tulsa Class A Office

      Class A office space with unmatched amenities in downtown Tulsa.
      202 S Cheyenne Ave, Tulsa, OK 74103
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    • $19 SF/Yr
      18,485 SF

      Tulsa Office Space Available

      18,485 SF office space for lease in Tulsa.
      1 W 3Rd St, Tulsa, OK 74103
      View Details
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    224 Martin Luther King Jr Blvd
    Tulsa, OK 74103
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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