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Financial
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Property profile

2422 W 41St St Tulsa, OK 74107

FOR LEASE
Retail space
Property ID
US69-2305020
7,100 SF 0.43 ac lot Built 1975
Entity Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 7,100-square-foot industrial property, located at 2422-2424 W 41st St, Tulsa, OK 74107, presents a unique opportunity. Situated on a 0.43-acre lot, this single-story, 1975-built building underwent a complete renovation in 2023. The property boasts a flexible layout, currently configured to accommodate one to three tenants, but easily adaptable for a single large tenant. The space offers a compelling mix of flex space, showroom areas, and warehouse space, catering to diverse business needs. Suite 2422 features 2,100 square feet of fully conditioned space, complete with a showroom, work area, office, and restroom, and a 10x10 overhead door at the rear. Suite 2424, encompassing 5,000 square feet, comprises two sections (A and B). Suite 2424A is an insulated red steel warehouse with front and rear 10x10 overhead doors, storage, a shop sink, restroom, and conditioned office. Suite 2424B, connected to 2424A, offers 2,900 square feet of wide-open, fully conditioned space with a showroom and restroom. The building benefits from ample parking with 25 designated spaces. Convenient alley access via 25th and 24th West Avenues provides easy access to the rear overhead doors. The property is zoned CH and is conveniently located adjacent to the Red Fork Historic District, at the hard corner of West 41st Street and 25th West Avenue. The 10-foot ceiling height adds to the functionality and versatility of this exceptional space.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1975
Construction STEEL FRAME
Total area 7,100 SF
Lot 0.43 ac (18,557 SF)
Zoning code CH
APN 18400-92-27-10430
UPID US69-2305020

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
  • (Bike/Boat/Book/etc) Store Rental Equipment Company

Location

2422 W 41St St Tulsa, OK 74107
Tulsa metro Census 4800 TULSA, OK METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$315k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

since 2021
Last sale
$365,000
7 recorded transactions
2021
$365,000
2017
Price N/A
2008
$195,000
2008
$251,000
2008
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CH · Tulsa, OK
Zoning description

CH Commercial-High CBD Central Business IL Industrial-Light IM Industrial-Moderate IH Industrial-Heavy Most intensive O, C or I district B. Purposes. 1. General. Office, commercial and industrial zoning districts are int…

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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