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    7708 - 7762 North Owasso Expressway Owasso, OK 74055

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    7708 - 7762 North Owasso Expressway Owasso, OK 74055

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    • Office buildings
    • 4,275 SF
    • 0.59 lot acres
    For Sale
    $2,975,000
    View Listing →
    Owasso Business Park For Sale For Sale
    $2,975,000
    27,755 SF

    Owasso Business Park For Sale

    Owasso Business Park For Sale

    7708 - 7762 North Owasso Expressway, Owasso, OK 74055
    View Listing
    Property ID
    US69-1835569
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Miller Ems / Ambulance Service

    Property Details for 7708 - 7762 North Owasso Expressway

    Year built
    2001
    Construction
    STEEL FRAME
    Lot size
    0.59 lot acres
    Property size
    4,275 SF
    Zone code
    DM
    Property type
    Office buildings
    APN
    61130-14-30-29790
    APU
    61130143029790

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Owasso
    County
    Tulsa
    State
    Oklahoma
    Longitude
    -95.8495
    Latitude
    36.2661
    CBSA code
    46140
    CBSA name
    TULSA, OK METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,683
    $12,430
    $30,426
    $42,856
    -
    $113,000
    $276,600
    $389,600

    Comparable in this City

    • Value Estimation by Request
      3,500 SF

      7720 Owasso Expy

      OFFICE BUILDING • 3,500 SF
      7720 Owasso Expy, Owasso, OK 74055-3300
      View Details
    • Value Estimation
      $810,000
      6,836 SF

      8805 145th E Ave

      OFFICE BUILDING • 6,836 SF
      8805 145th E Ave, Owasso, OK 74055-8529
      View Details
    • Value Estimation by Request
      2,435 SF

      10901 76th N St

      OFFICE BUILDING • 2,435 SF
      10901 76th N St, Owasso, OK 74055-3631
      View Details
    • Value Estimation by Request
      4,800 SF

      11400 Garnett Rd

      OFFICE BUILDING • 4,800 SF
      11400 Garnett Rd, Owasso, OK 74055-4236
      View Details
    • Value Estimation by Request
      2,320 SF

      7702 Owasso Expy

      OFFICE BUILDING • 2,320 SF
      7702 Owasso Expy, Owasso, OK 74055-3338
      View Details
    • Value Estimation
      $1,310,000
      13,640 SF

      10306 138th E Ave

      OFFICE BUILDING • 13,640 SF
      10306 138th E Ave, Owasso, OK 74055-4665
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      11,989 SF

      Owasso Office Building For Sale

      Office building with 11,989 square feet of space.
      13616 E 103Rd St, Owasso, OK 74055
      View Details
    • $2,975,000
      27,755 SF

      Owasso Business Park For Sale

      Owasso Business Park For Sale
      7708 - 7762 North Owasso Expressway, Owasso, OK 74055
      View Details
    • $475,000

      Owasso Mixed-Use Development Opportunity

      1.93 acre property with development potential in Owasso, OK.
      13601 East 96Th St North, Owasso, OK 74055
      View Details
    • $475,000
      2,271 SF

      Owasso Office/Mixed-Use Development Opportunity

      1.93 acre property with development potential in Owasso, OK.
      13601 E 96Th St N, Owasso, OK 74055
      View Details
    • $750,000
      2,000 SF

      Owasso Commercial Building For Sale

      Commercial building in Owasso, OK, suitable for various business uses.
      8430 N 123Rd East Ave, Owasso, OK 74055
      View Details
    • Contact for pricing
      26,510 SF

      Industrial/Flex Property For Sale

      26,510 SqFt Industrial/Flex property with 8.32% CAP rate.
      7708 N Owasso Expy, Owasso, OK 74055
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,250 SF

      Office Space in Owasso

      Office space available for lease in Owasso, Oklahoma.
      7744 N Owasso Expy, Owasso, OK 74055
      View Details
    • $10 SF/Yr

      New Industrial Space in Owasso

      New construction industrial building with office space for lease.
      10264 E 75Th St North, Owasso, OK 74055
      View Details
    • $10 SF/Yr

      New Industrial Space in Owasso

      New construction Class A industrial building with office space.
      10220 E 75Th St North, Owasso, OK 74055
      View Details
    • $10 SF/Yr
      7,625 SF

      Owasso Warehouse Space Available

      7,625 SF warehouse space available for lease in Owasso.
      7507 North 104Th East Ave, Owasso, OK 74055
      View Details
    • $15 SF/Yr
      64,800 SF

      5th Avenue Business Park Warehouses

      Owasso, OK industrial warehouse space for lease.
      0 5Th St, Owasso, OK 74055
      View Details
    • Contact for pricing

      New Industrial Space Available

      Class A industrial space for lease in Owasso, Oklahoma.
      10362 East 75Th St N, Owasso, OK 74055
      View Details
    View Listing
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    Owasso, OK 74055
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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