8421 61St StTulsa, OK 74133

  • Community centers
  • 110,445 SF

Property Details for 8421 61St St

Year built
1985
Lot size
5.73 AC
Property size (Sq ft)
110,445 SF
Property type
Community centers
APN
76235-93-36-00785
APU
76235933600785

Description

Eton Square offers exceptional retail opportunities at the highly visible northeast corner of 61st and Memorial in Tulsa County. Seven spaces are currently available, ranging in size from 1,020 square feet to 13,910 square feet, providing flexibility for various business needs. This prime location boasts strong national co-tenants, ensuring a vibrant and established commercial environment. The property benefits from excellent visibility at the intersection of 61st and Memorial, a major thoroughfare experiencing over 45,000 vehicles daily, guaranteeing high exposure for your business. Ample parking is available for all tenants and their customers, ensuring convenience and accessibility. The surrounding trade area is densely populated, with over 89,000 people residing within a 3-mile radius, exhibiting an average household income exceeding $74,000. This demographic profile indicates a strong consumer base with significant purchasing power, making Eton Square an ideal location for businesses seeking substantial growth potential. The property's strategic location and impressive demographics combine to create a compelling investment opportunity for discerning retailers. Contact us today to learn more about available spaces and lease terms.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $20,293,600
    6.5%
    $18,732,554
    7%
    $17,394,514
  • Comparable approach

    Method
    Valuation
    Relative Method
    $19,908,330
    Geo Method
    $19,908,330
  • Alternative Use

    Use
    Valuation
    Residential
    $15,801,611
    Hospitality
    $14,474,190
    Educational
    $12,042,356
    Medical
    $12,456,512
    Retail
    $18,732,554

Location Insight

City
Tulsa
County
Tulsa
State
Oklahoma
Latitude
36.0762
Longitude
-95.8821
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
$63,155
$205,073
$262,427
$467,500
-
$1,864,300
$2,385,700
$4,250,000

FAQs

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