5530 79Th PlTulsa, OK 74145

Property Details for 5530 79Th Pl

Year built

1978

Construction

STEEL FRAME

Lot size

0.28 AC

Property size (Sq ft)

5,621 SF

Zone code

OL

Property type

Office buildings

APN

27070-93-35-25640

APU

27070933525640

Description

This single-story, 5,621 square foot office building, located in Tulsa County's South submarket, presents a unique opportunity for businesses seeking flexible space. Built in 1978, the Class C property offers twelve suites, with a minimum divisible space of 269 square feet and a maximum contiguous space of 832 square feet, catering to a variety of tenant needs. The building sits on a 0.44-acre lot and features ample parking with 25 spaces available. Its convenient location just west of S. Memorial Drive and north of E. 61st Street provides excellent visibility and accessibility. S. Memorial Drive boasts a high traffic count of 26,309 vehicles per day (INCOG 2022 data), ensuring significant exposure for your business. The property is zoned OL (Commercial Light), offering versatility for various commercial uses. The building's address is easily accessible via its cross street, S. Memorial Drive. This property is ideal for businesses seeking a well-located, adaptable office space in a thriving Tulsa neighborhood. The property features both creative and traditional office space options. The APN is 27070-93-35-25640. Two spaces are currently available.

• CAP approach

  CAP return

  Valuation

  6%

  $703,152

  6.5%

  $649,063

  7%

  $602,702

• Comparable approach

  Method

  Valuation

  Relative Method

  $402,070

  Geo Method

  $402,070

• Alternative Use

  Use

  Valuation

  Residential

  $804,839

  Hospitality

  $737,228

  Educational

  $613,365

  Medical

  $634,460

  Retail

  $954,123

Location Insight

City

Tulsa

County

Tulsa

State

Oklahoma

Latitude

36.0842

Longitude

-95.8872

CBSA code

46140

CBSA name

TULSA, OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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