7607 Sheridan Rd Tulsa, OK 74133-3451
This exceptional investment opportunity encompasses a 2.29-acre mixed-use property situated at the high-traffic intersection of 76th and Sheridan in Tulsa, Oklahoma. The property boasts approximately 300 feet of frontage and includes three separate buildings totaling 5,000 square feet, currently priced at $1,800,000 ($360 per square foot). One building houses a thriving salon, generating immediate rental income. The remaining two buildings offer significant potential for redevelopment or lease to a variety of tenants, including retail, office, or other commercial uses. This prime location ensures high visibility and accessibility, attracting substantial foot traffic and fostering business growth. The expansive lot size presents further development opportunities, allowing for expansion or the creation of new structures to maximize returns. This property is ideally suited for investors seeking a blend of immediate income and long-term growth potential in a vibrant and dynamic Tulsa community. The property's strategic location and existing income stream make it an attractive investment for those looking to diversify their portfolio or capitalize on a high-growth area. This is a rare opportunity to acquire a substantial property with significant upside in a desirable Tulsa location.
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Avant Garde Preschool and Early Learning Centers (S. Sheridan) Daycare Center
When a PK district abuts an R or AG-R district, a masonry screening wall must be provided along the common lot line in accordance with the F1 screening fence or wall standards of Subsection 65.070C. [3] Buildings in the PK district may not exceed 35 feet in height, unless reviewed and approved in accordance with the special exception procedures of
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
AG · Tulsa, OKWhen a PK district abuts an R or AG-R district, a masonry screening wall must be provided along the common lot line in accordance with the F1 screening fence or wall standards of Subsection 65.070C. [3] Buildings in the PK district may not exceed 35 feet in height, unless reviewed and approved in accordance with the special exception procedures of
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.