13809 Casper StGlenpool, OK 74033

  • Strip malls
  • 11,000 SF
For Lease
$14/SF/YR View listing

Property Details for 13809 Casper St

Year built
1977
Construction
WOOD FRAME
Lot size
2.16 AC
Property size (Sq ft)
11,000 SF
Zone code
IL
Property type
Strip malls
Property subtype
Neighborhood centers
APN
84911-72-11-50220
APU
84911721150220

Description

This exceptional retail and office property, located at 13809 South Casper St W, Glenpool, OK 74033, presents a unique investment opportunity. The newly renovated Glenpool Center boasts a total of 22,600 square feet across three single-story buildings, situated on a 3.4-acre lot. Built in 1977 and extensively renovated in 2017, the property offers multiple tenancy options with a minimum divisible space of 500 square feet and a maximum contiguous space of 3,750 square feet. The center is conveniently located in the South Tulsa submarket, just five miles south of Tulsa, conveniently positioned north of the 141st Street intersection on Highway 75, and three miles south of the Turnpike. This high-traffic location benefits from approximately 46,000 cars passing daily, with a reduced speed limit of 45 mph directly in front of the center, ensuring high visibility for tenants. The property is zoned CG and features the APN 84911-72-11-50270. No elevators are present. This move-in ready space offers a compelling combination of location, size flexibility, and recent renovations, making it an ideal investment for a variety of businesses. The property's prime location and high visibility make it an attractive option for businesses seeking strong exposure to a significant daily traffic volume. The flexible space options cater to a wide range of tenant needs.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,184,330
    6.5%
    $2,016,304
    7%
    $1,872,282
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,982,812
    Geo Method
    $1,982,812
  • Alternative Use

    Use
    Valuation
    Residential
    $1,700,828
    Hospitality
    $1,557,949
    Educational
    $1,296,196
    Medical
    $1,340,774
    Retail
    $2,016,304

Location Insight

City
Glenpool
County
Tulsa
State
Oklahoma
Latitude
35.9634
Longitude
-96.0106
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
$8,674
$15,532
$58,718
$74,250
-
$141,200
$533,800
$675,000

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