8705 21st St Tulsa, OK 74129-1413
This exceptional 1,512 square foot creative office building presents a compelling investment opportunity in Tulsa, Oklahoma. Situated on a sizable 1.07-acre lot at 8705 E 21st St, Tulsa, OK 74129 (APN 26247-93-12-64800), this single-story, Class C building was constructed in 1946 and is zoned OL. The asking price is $400,000, translating to $264.55 per square foot. Its prime location near the bustling intersection of 21st and Memorial offers unparalleled visibility and access to a vibrant business community. This property is ideal for businesses seeking a strategic location to capitalize on the area's growth and energy, whether for expansion or a new venture. The building's spacious layout and convenient location provide a solid foundation for success. This is a rare opportunity to acquire a well-positioned commercial property in a thriving area of Tulsa. The property's size and location make it a highly desirable asset. Don't miss this chance to secure a foothold in a dynamic market.
OL Office-Low Least intensive O, C or I district OM Office-Medium ↑ OMH Office-Medium-High OH Office-High 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 distri…
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
OL · Tulsa, OKOL Office-Low Least intensive O, C or I district OM Office-Medium ↑ OMH Office-Medium-High OH Office-High 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, as well as industrial and employment uses. 2. OL district. The OL district is primarily intended to facilitate the development and preservation of low-intensity office development. 3. OM district. The OM district is primarily intended to accommodate medium-intensity office development, together with community facilities typically found in conjunction with offices. 4. OMH district. The OMH district is primarily intended to provide for multi-story office development. 5. OH district. The OH district is primarily intended to provide areas for high-intensity office use, together with community facilities, and commercial uses typically found in conjunction with high-intensity office uses. 6. CS district. The CS district is primarily intended to accommodate convenience, neighborhood, subcommunity, community, and regional shopping centers providing a range of retail and personal service uses. 7. CG district. The CG district is primarily intended to: a. Accommodate established commercial uses, while providing protection to adjacent residential area; and b. Accommodate the grouping of compatible commercial and light industrial uses. 8. CH district. The CH district is primarily intended to: a. Accommodate high-intensity commercial and related uses primarily in the core area of the city; and b. Encourage use of properties and existing buildings along older commercial corridors; and c. Minimize encroachment and adverse land use impacts on stable residential neighborhoods. 9. CBD district. The CBD district is primarily intended to: a. Accommodate and encourage the most desirable, most productive, most intense use of land, without regard to the regulation of building height, floor area, land coverage and parking requirements, within the central core area of the city. b. Encourage a diversity of high-intensity uses that mutually benefit from close proximity to, and from the available services of, the high transportation carrying capacity afforded by locations within the boundaries of the Inner Dispersal Loop. c. Preserve and promote the public and private investment of the existing central core area. 10.
No recorded transactions found for this property.
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.
