Technical
Financial
Distress signals
Property profile

502 2nd Ave Owasso, OK 74055

OFF-MARKET
Grocery and convenience stores
Property ID
US69-1018703
5,712 SF 1.07 ac lot Built 2020
Entity Owned 6-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 2020
Construction STEEL FRAME
Total area 5,712 SF
Lot 1.07 ac (46,783 SF)
Zoning code CS
APN 61254-14-31-57150
UPID US69-1018703

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
  • Bank Credit Union
  • Gas Station

Location

502 2nd Ave Owasso, OK 74055-3207
Owasso metro Census 5801 TULSA, OK METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$656k
Blend (final) Blend
$330k

Owner & transaction history

since 2020
7 recorded transactions
2021
Price N/A
2020
$850,000
2019
Price N/A
2016
Price N/A
2016
$500,000
2014
Price N/A
2008
Price N/A

Zoning & alternative use

CS · Owasso, OK
Zoning description

6.2.1 CS (Commercial Shopping) District. The CS (Commercial Shopping) district is designed to accommodate convenien t neighborhood, community, and regional shopping centers that provide a wide range of retail and persona…

General category COMMERCIAL
Top alternative use upside
Medical building $1.1M +157.6%
Auto repair, garage $1.0M +144.5%
Commercial (general) $875,000 +113.8%

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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