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Property profile & analytics
OFF-MARKET Estimated value $3,445,000
Commercial real estate

5601 Martin Luther King Jr Blvd Tulsa, OK 74126

23,350 SF 9.85 ac lot Built 2009
Individually Owned Absentee Owner Free & Clear
Property ID
US69-0520514
Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2009
Construction STEEL FRAME
Total area 23,350 SF
Lot 9.85 ac (429,240 SF)
Zoning code CS
APN 44250-02-12-16940
UPID US69-0520514
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
by Request
CAP Approach CAP
$3.40M
Comparable Approach Comparable
$3.06M
Blend (final) Blend
$3.45M
Owner & transaction history
GOSPEL HOUSE PRAYER FULL
GOSPEL HOUSE PRAYER FULL
Zoning & alternative use
CS · Tulsa, OK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

CS Commercial Shopping CG Commercial General 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 intended to accommodate and promote neighborhood, community- and region-serving commercial uses, a…

Zone name Commercial Shopping
General category COMMERCIAL
Zone area 5,190.67 ac
Source code of ordinances
Top alternative use upside
Restaurant $5.6M +75.2%
Medical building $4.0M +26.4%
Auto repair, garage $3.2M +0.9%
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