Property profile

3242 11th St Tulsa, OK 74104

OFF-MARKET
Turn key restaurants
Property ID
US69-0513550
3,027 SF 0.89 ac lot Built 2000
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

This commercial property is a single-tenant quick-service retail building configured for an NNN-style lease structure and is located across from The University of Tulsa on a signalized southwest hard corner at S Harvard Ave & U.S. Rte 66. It sits on an approximately 0.89-acre parcel and has a building area of about 3,027 square feet, positioned for direct visibility and access along the heavily traveled road intersection. The property features a tenant/guarantor arrangement associated with Heartland Ventures, a regional Burger King franchisee. Zoning and exact development limits are not specified in the provided description.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2000
Construction WOOD FRAME
Total area 3,027 SF
Lot 0.89 ac (38,856 SF)
Zoning code CH
APN 12000-93-08-05470
UPID US69-0513550

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
  • Restaurant
  • Atm

Location

3242 11th St Tulsa, OK 74104-4150
Tulsa metro Census 3500 TULSA, OK METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$230k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

since 2026
Last sale
$262,000
6 recorded transactions
2026
$1.8M
2022
$262,000
2021
Price N/A
2019
Price N/A
2011
$1.4M
2011
$1.2M

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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