8705 21St StTulsa, OK 74129

Property Details for 8705 21St St

Year built

1946

Construction

WOOD FRAME

Lot size

1.07 AC

Property size (Sq ft)

1,512 SF

Zone code

OL

Property type

Office buildings

APN

26247-93-12-64800

APU

26247931264800

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $131,804

  6.5%

  $121,665

  7%

  $112,975

• Comparable approach

  Method

  Valuation

  Relative Method

  $108,153

  Geo Method

  $108,153

• Alternative Use

  Use

  Valuation

  Residential

  $150,865

  Hospitality

  $138,191

  Educational

  $114,973

  Medical

  $118,928

  Retail

  $178,848

Location Insight

City

Tulsa

County

Tulsa

State

Oklahoma

Latitude

36.134

Longitude

-95.8791

CBSA code

46140

CBSA name

TULSA, OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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