Property profile

723 2nd St Tulsa, OK 74120

OFF-MARKET
Auto shops
Property ID
US69-0380253
4,668 SF 0.77 ac lot Built 1960
Entity Owned 11-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property is a retail space totaling approximately 4,800 square feet, configured to support uses such as a bar, restaurant, brewery, event center, or other special-use concepts. It is located in an area with nearby multifamily development within walking distance, and the surrounding neighborhood includes entertainment and dining amenities that contribute to local pedestrian activity.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1960
Construction STEEL FRAME
Total area 4,668 SF
Lot 0.77 ac (33,541 SF)
Zoning code CBD
APN 00500-92-01-33440
UPID US69-0380253

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
  • Auto Repair Shop

Location

723 2nd St Tulsa, OK 74120-1812
Tulsa metro Census 2500 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
$611k
Blend (final) Blend
$675k

Owner & transaction history

since 2015
2 recorded transactions
2015
$650,000
2009
Price N/A

Zoning & alternative use

CBD · Tulsa, OK
Zoning description

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 accommodat…

General category COMMERCIAL
Top alternative use upside
Medical building $800,000 +25.3%

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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