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Property profile & analytics
OFF-MARKET Estimated value $6,230,000
Automotive properties

2920 Aspen Ave Broken Arrow, OK 74012-1187

51,948 SF 14.32 ac lot Built 1996
Entity Owned 21-yr Hold Free & Clear
Property ID
US69-2373322
Property profile
Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1996
Construction STEEL FRAME
Total area 51,948 SF
Lot 14.32 ac (623,953 SF)
Zoning code CH
APN 83541-94-33-10890
UPID US69-2373322
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Chris Nikel Service Department Auto Repair Shop
  • Chris Nikel Collision Center Auto Repair Shop
  • Chris Nikel Chrysler Jeep Dodge Ram Fiat Car Dealership Auto Repair Shop
  • Enterprise Rent-A-Car Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.98M
Blend (final) Blend
$6.23M
Owner & transaction history
Nikel Investments LLC · 21 yrs held
Nikel Investments LLC
since 2005
4 recorded transactions
2005
$10.2M
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
CH · Broken Arrow, OK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

CH Commercial heavy CH, Commercial heavy IL Industrial light IL, Industrial light IH Industrial heavy IH, Industrial heavy Special Purpose and Overlay Districts PUD Planned unit development PUD, Planned unit development FD Floodplain FD, Floodplain DROD Downtown residential overlay district DRO, Downtown residential overlay HDOD Highway design overlay distri…

Zone name Heavy Commercial
General category COMMERCIAL
Zone area 1,119.85 ac
Source code of ordinances
Top alternative use upside
Commercial (general) $9.7M +17.6%
Medical building $9.6M +15.8%
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