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Property profile & analytics
OFF-MARKET Estimated value $525,000
Strip malls

4601 Kenosha St Broken Arrow, OK 74012-8975

5,424 SF 3.39 ac lot Built 2006
Entity Owned 21-yr Hold Free & Clear
Property ID
US69-0697020
Property summary
AI-generated overview

This exceptional retail investment opportunity presents itself in the form of the Kenosha Commercial Center, a two-building, single-story strip center totaling 26,577 square feet. Currently, there are three available spaces ranging from 1,200 to 1,500 contiguous square feet, with a total of 2,626 square feet currently vacant. The center boasts prominent monument signage and ample parking, ensuring high visibility and convenient access for customers. Strategically located at the intersection of E 71st Street and South Garnett in Tulsa County, this property benefits from a robust demographic profile, with over 200,000 residents within a five-mile radius. The center enjoys a strong tenant mix, including established businesses such as Pei Wei, BoneFish Grill, CherryBerry, Edward Jones, Manpower, Blow & Glow, and Desi Tax Service. This prime location is further enhanced by its proximity to major retailers like Target SuperCenter, Cinemark (15 Screens), Office Depot, Kohl's, and RCB Bank. Adding to its appeal, the Kenosha Commercial Center is conveniently located just half a mile from the Renaissance Hotel and Convention Center (300 rooms), and within two miles of Rhema Bible College, Tulsa Community College, Cancer Treatment Centers of America, Saint Francis Hospital South, and Hillcrest Hospital South. This property offers a unique blend of established tenancy, high visibility, and a strong surrounding demographic, making it an ideal investment for discerning buyers. Minimum divisible space is 1,200 square feet.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2006
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,424 SF
Lot 3.39 ac (147,668 SF)
Zoning code CG
APN 83655-84-08-33810
UPID US69-0697020
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
  • School of Rock Vocational School Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$370k
CAP Approach CAP
by Request
Comparable Approach Comparable
$593k
Blend (final) Blend
$525k
Owner & transaction history
Kenosha Commercial Center LLC · 21 yrs held
Kenosha Commercial Center LLC
since 2005
2 recorded transactions
2005
Price N/A
2003
Price N/A
Zoning & alternative use
CG · Broken Arrow, OK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

CG, Commercial general 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 Highwa…

Zone name Commercial General
General category COMMERCIAL
Zone area 1,137.34 ac
Source code of ordinances
Top alternative use upside
Auto repair, garage $865,000 +122.4%
Retail stores $780,000 +100.3%
Office building $620,000 +59.7%
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