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Property profile & analytics

421 Washington St Broken Arrow, OK 74012-6450

  • Commercial real estate
  • 2,324 SF
  • 0.36 lot acres
OFF-MARKET
Last Sale
Nov 06, 2023
$345,000
Value Estimations
$370,000
Show details
Cap Rate Potential
7.4%
Commercial real estate
Location Intelligence
Property ID
US69-0488560
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

  • McWilliams Media / Graphic Designer / Print Shop
  • Tulsa Kwik Dry Total Cleaning / Carpet Cleaning Service / Air Duct Cleaning Service
  • The Business Acceleration Team / Business To Business Service
  • Kevin Quang / Podiatrist
  • Justin T. Albright, DPM / Podiatrist

Property Details for 421 Washington St

Year built
1987
Construction
WOOD FRAME
Lot size
0.36 lot acres
Property size
2,324 SF
Zone code
ON
Property type
Commercial real estate
APN
81925-84-23-18112
APU
81925842318112

Description

This exceptional two-story, 4,000 square foot medical office building is located at 421 West Washington St S, Broken Arrow, OK 74012, in Tulsa County. The main floor, previously a dental office, offers a welcoming reception area, multiple private offices, a break room, restrooms, and a dedicated lab area. It's turnkey and ready for immediate use. The upper floor is a spacious shell space, stripped to the studs, offering significant customization potential. Previously designed for a second medical office, it includes additional lobby and reception areas, and multiple offices ready for development. This versatile building is ideal for a variety of medical or professional uses. Its prime location, half a mile south of Broken Arrow's Rose District on 91st Street, provides excellent visibility and access, situated within a thriving professional business community. The building offers a spacious floor plan designed for efficient workflow and patient management. The Rose District offers numerous shops, dining, and community events, enhancing the property's appeal and location value. This presents a unique opportunity to acquire a well-situated, adaptable medical office building in a high-demand area. The asking price is $400,000.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $335,000
    ML approach
    $300,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $415,000
    6.5%
    $380,000
    7%
    $355,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $447,000
    Market price range: $87.5k - $787k
    AI Estimate
    $315,000
    Market price range: $105k - $501k
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $435,000
    Current use
    MEDICAL BUILDING
    $430,000
    Change: -2% Conversion: Easy
    AUTO REPAIR, GARAGE
    $370,000
    Change: -15% Conversion: Difficult

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Broken Arrow
County
Tulsa
State
Oklahoma
Longitude
-95.7956
Latitude
36.0314
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
$1,877
$5,148
$9,215
$14,363
-
$46,803
$83,774
$130,577
More about this property
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