2422 41St StTulsa, OK 74107

Property Details for 2422 41St St

Year built

1975

Construction

STEEL FRAME

Lot size

0.43 AC

Property size (Sq ft)

7,100 SF

Zone code

CH

Property type

Retail space

APN

18400-92-27-10430

APU

18400922710430

Description

This exceptional 7,100-square-foot industrial property, located at 2422-2424 W 41st St, Tulsa, OK 74107, presents a unique opportunity. Situated on a 0.43-acre lot, this single-story, 1975-built building underwent a complete renovation in 2023. The property boasts a flexible layout, currently configured to accommodate one to three tenants, but easily adaptable for a single large tenant. The space offers a compelling mix of flex space, showroom areas, and warehouse space, catering to diverse business needs. Suite 2422 features 2,100 square feet of fully conditioned space, complete with a showroom, work area, office, and restroom, and a 10x10 overhead door at the rear. Suite 2424, encompassing 5,000 square feet, comprises two sections (A and B). Suite 2424A is an insulated red steel warehouse with front and rear 10x10 overhead doors, storage, a shop sink, restroom, and conditioned office. Suite 2424B, connected to 2424A, offers 2,900 square feet of wide-open, fully conditioned space with a showroom and restroom. The building benefits from ample parking with 25 designated spaces. Convenient alley access via 25th and 24th West Avenues provides easy access to the rear overhead doors. The property is zoned CH and is conveniently located adjacent to the Red Fork Historic District, at the hard corner of West 41st Street and 25th West Avenue. The 10-foot ceiling height adds to the functionality and versatility of this exceptional space.

• CAP approach

  CAP return

  Valuation

  6%

  $1,409,886

  6.5%

  $1,301,433

  7%

  $1,208,473

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,279,815

  Geo Method

  $1,279,815

• Alternative Use

  Use

  Valuation

  Residential

  $1,097,807

  Hospitality

  $1,005,586

  Educational

  $836,635

  Medical

  $865,408

  Retail

  $1,301,433

Location Insight

City

Tulsa

County

Tulsa

State

Oklahoma

Latitude

36.1042

Longitude

-96.0202

CBSA code

46140

CBSA name

TULSA, OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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