221 Nogales AveTulsa, OK 74127

  • Office buildings
  • 2,712 SF
For Lease
$14/SF/YR View listing

Property Details for 221 Nogales Ave

Year built
1984
Construction
WOOD FRAME
Lot size
0.20 AC
Property size (Sq ft)
2,712 SF
Zone code
CS
Property type
Office buildings
APN
10275-92-02-00070
APU
10275920200070

Description

This exceptional traditional office space at 221 S Nogales Ave, Tulsa, OK 74127, offers 1,356 square feet of versatile office area, perfect for a variety of businesses. The property features a multi-tenant configuration, providing flexibility for different occupancy needs. Fifteen convenient parking spaces are available on-site, ensuring ample parking for employees and clients. The building enjoys a highly desirable location, offering easy access to Downtown Tulsa's vibrant amenities, including shopping, dining, hotels, the BOK Center, and the Gilcrease Museum. Commuters will appreciate the quick access to major highway systems, simplifying travel throughout the Tulsa metro area. Furthermore, the property provides convenient access to Riverside Drive and The Gathering Place, a popular outdoor recreational area. This is a fantastic opportunity to secure a well-located, functional office space in a thriving area of Tulsa. One space is currently available. The property is classified as a Traditional Office building.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $366,351
    6.5%
    $338,170
    7%
    $314,015
  • Comparable approach

    Method
    Valuation
    Relative Method
    $193,989
    Geo Method
    $193,989
  • Alternative Use

    Use
    Valuation
    Residential
    $419,331
    Hospitality
    $384,105
    Educational
    $319,571
    Medical
    $330,562
    Retail
    $497,111

Location Insight

City
Tulsa
County
Tulsa
State
Oklahoma
Latitude
36.1506
Longitude
-96.003
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
$7,015
$1,881
$50,369
$52,250
-
$17,100
$457,900
$475,000

FAQs

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