1425 71St StTulsa, OK 74136

Property Details for 1425 71St St

Year built

1998

Construction

WOOD FRAME

Lot size

0.59 AC

Property size (Sq ft)

4,786 SF

Zone code

OM

Property type

Office buildings

APN

35433-83-06-24625

APU

35433830624625

Description

This exceptional Tulsa, Oklahoma office building at 1425 E 71st St is offered at $595,000. The 4,665 square foot, two-story free-standing building, renovated in 2017, features nine offices, a conference room, kitchen, restrooms, and a file room. Ideal for owner-users or multi-tenant occupancy, this Class C property sits on a 0.64-acre lot in a prime location just east of Riverside Drive and north of 71st Street, offering excellent visibility and accessibility. The building will be vacant upon closing. Zoned OL, this single-tenancy property boasts a modern design and practical layout, suitable for various business needs. The surrounding area has a population of 13,839 within one mile, with an average household income of $53,278. This represents a compelling investment opportunity in Tulsa's thriving market, with a price per square foot of $127.55. The property is located in Tulsa County, Oklahoma, zip code 74136.

• CAP approach

  CAP return

  Valuation

  6%

  $646,518

  6.5%

  $596,786

  7%

  $554,159

• Comparable approach

  Method

  Valuation

  Relative Method

  $342,343

  Geo Method

  $342,343

• Alternative Use

  Use

  Valuation

  Residential

  $740,015

  Hospitality

  $677,850

  Educational

  $563,963

  Medical

  $583,358

  Retail

  $877,276

Location Insight

City

Tulsa

County

Tulsa

State

Oklahoma

Latitude

36.0616

Longitude

-95.9737

CBSA code

46140

CBSA name

TULSA, OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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