950 E Taft Ave Sapulpa, OK 74066
Property profile & analytics
950 E Taft Ave Sapulpa, OK 74066
- Drug stores
- 14,895 SF
Property ID
US69-0551061
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.
Location Intelligence
Current Use by Public Records
- FedEx OnSite / Postal Service / Courier Service
- Walgreens Photo / (Bike/Boat/Book/etc) Store
- COVID-19 Drive-thru Testing at Walgreens / Pharmacy
- LibertyX Bitcoin ATM / Atm
- Walgreens / Pharmacy
Property Details for 950 E Taft Ave
- Year built
- 2002
- Construction
- CONCRETE BLOCKS
- Property size
- 14,895 SF
- Property type
- Drug stores
- APN
- 1023-00-001-000-0-010-00
- APU
- 102300001000001000
Description
This exceptional investment opportunity presents a Walgreens pharmacy located at 950 E Taft Ave, Sapulpa, OK 74066. The property boasts a substantial 15,000 square foot building situated on a 2.03-acre lot, constructed in 2002. Currently operating under a Net Lease (NNN) agreement with a corporate guarantee, the lease features a remaining term of approximately 2.9 years, with three five-year renewal options. The lease commenced on November 1st, 2002, and is set to expire on October 31st, 2027. The property enjoys 100% occupancy, generating a Net Operating Income (NOI) of $235,000, resulting in a compelling 7.25% cap rate. The asking price is $3,241,000, translating to $216.07 per square foot. Key features include a drive-thru, ample parking, and excellent visibility from E Taft Ave and S Division St. The tenant is responsible for roof and structural maintenance. The property benefits from its strategic location directly across from Xpress Wellness Urgent Care and minutes from other health centers and clinics, ensuring high foot traffic and strong tenant performance. This is a rare opportunity to acquire a well-established, high-performing retail property with a reliable corporate tenant and significant residual land value.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $3,670,000
- ML approach
- $3,925,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,745,000
- 6.5%
- $2,535,000
- 7%
- $2,350,000
-
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $2,900,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Sapulpa
- County
- Creek
- State
- Oklahoma
- Longitude
- -96.1015
- Latitude
- 35.988
- 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
$47,523
$59,400
$343,440
$402,840
-
$495,000
$2,862,000
$3,357,000
