13012 21St StTulsa, OK 74134

Property Details for 13012 21St St

Year built

1994

Construction

STEEL FRAME

Lot size

0.95 AC

Property size (Sq ft)

4,834 SF

Zone code

CS

Property type

Office buildings

APN

15808-94-16-02530

APU

15808941602530

Description

This exceptional commercial property in Tulsa, Oklahoma, presents a unique investment opportunity. Located at 13012 E 21st St, 74134, this two-story complex offers a total of 10,372 square feet of space, ideally suited for executive offices or a variety of commercial uses. The main building, encompassing nearly 5,000 square feet, features 13 well-maintained offices, creating a professional and inviting atmosphere. Two additional buildings, one approximately 3,000 square feet and the other nearly 1,500 square feet, provide significant flexibility. These buildings can accommodate expansion, additional tenants, or generate supplemental income through leasing. The property also includes a one-acre vacant lot, offering substantial potential for future development, such as expanding the existing complex or adding additional parking. Built in 1994, the property consists of three units and is zoned for Office/Commercial use. The asking price is $925,000. This property represents a rare combination of existing income-generating space and significant future development potential in a desirable Tulsa location.

• CAP approach

  CAP return

  Valuation

  6%

  $421,389

  6.5%

  $388,974

  7%

  $361,190

• Comparable approach

  Method

  Valuation

  Relative Method

  $345,776

  Geo Method

  $345,776

• Alternative Use

  Use

  Valuation

  Residential

  $482,328

  Hospitality

  $441,810

  Educational

  $367,581

  Medical

  $380,222

  Retail

  $571,792

Location Insight

City

Tulsa

County

Tulsa

State

Oklahoma

Latitude

36.1329

Longitude

-95.8307

CBSA code

46140

CBSA name

TULSA, OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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