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Property profile & analytics
OFF-MARKET Estimated value $1,530,000
Retail space

316 2nd St Tulsa, OK 74120-1805

12,500 SF 0.14 ac lot Built 1920
Entity Owned Free & Clear
Property ID
US69-0698055
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1920
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 12,500 SF
Lot 0.14 ac (6,273 SF)
Zoning code CBD
APN 00500-92-01-35780
UPID US69-0698055
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.53M
CAP Approach CAP
$1.85M
Comparable Approach Comparable
$1.66M
Blend (final) Blend
$1.53M
Owner & transaction history
Rp Developers LLC
Rp Developers LLC
since 2025
5 recorded transactions
2026
Price N/A
2025
Price N/A
2022
$1.5M
2018
Price N/A
2018
Price N/A
Zoning & alternative use
CBD · Tulsa, OK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

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 intended to accommodate and promote neighborhood, community- and region-serving commercial uses, as well as industrial and employment uses. 2. OL district. The OL…

Zone name Central Business District
General category COMMERCIAL
Zone area 744.02 ac
Source code of ordinances
Top alternative use upside
Medical building $2.1M +57.9%
Auto repair, garage $1.7M +26.0%
Commercial (general) $1.7M +24.9%
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