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    OFF-MARKET Estimated value $850,000
    Outlet malls

    5630 Peoria Ave, Tulsa, OK 74126-2421

    8,320 SF 1.96 ac lot Built 2014
    Trust Owned 11-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US69-0107032
    Property summary
    AI-generated overview

    This ±4.71-acre industrial property, located at 5630 N Peoria Ave, Tulsa, OK 74126, presents a unique investment opportunity. The property is zoned IL and offers a flexible use designation as a warehouse, flex space, or research and development facility. Its strategic location provides convenient access from both 56th Street and Peoria Avenue, enhancing its logistical appeal. The expansive lot size allows for potential expansion and development. On-site detention capabilities are already in place, minimizing potential infrastructure costs associated with future expansion projects. The asking price for this versatile property is $295,000. This property is situated northwest of the intersection of 56th Street North and Peoria Avenue in Tulsa County, Oklahoma. The property's zoning and ample space make it suitable for a variety of industrial uses, offering significant potential for growth and return on investment. The existing infrastructure, including expandable detention, further enhances its value and practicality. This is an excellent opportunity to acquire a well-located and versatile industrial property in a growing market.

    Property profile
    Verified
    Property type Outlet malls
    Use group WHOLESALE OUTLET, DISCOUNT STORE
    Year built 2014
    Construction STEEL FRAME
    Total area 8,320 SF
    Lot 1.96 ac (85,160 SF)
    Zoning code IL
    APN 53450-02-01-02060
    UPID US69-0107032
    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
    • Family Dollar Discount Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.17M
    Blend (final) Blend
    $850k
    Owner & transaction history
    Family Discount Portfolio II D Trust · 11 yrs held
    Family Discount Portfolio II D Trust
    since 2014
    Last sale
    $530,000
    6 recorded transactions
    2014
    $1.4M
    2013
    $167,000
    2013
    $95,000
    2004
    1969
    1969
    Zoning & alternative use
    IL · Tulsa, OK
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Auto repair, garage $1.1M +26.0%
    Commercial (general) $1.1M +24.9%
    Office building $985,000 +8.9%
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