1202 Sheridan RdTulsa, OK 74112

  • Warehouses
  • 136,417 SF
For Lease
$5.50/SF/YR View listing

Property Details for 1202 Sheridan Rd

Year built
1985
Construction
STEEL FRAME
Lot size
7.31 AC
Property size (Sq ft)
136,417 SF
Zone code
IM
Property type
Warehouses
APN
99310-93-10-10480
APU
99310931010480

Description

This exceptional 136,417-square-foot flex space property, located at 1202 S Sheridan Rd in Tulsa's IM-zoned submarket, presents a unique investment opportunity. Built in 1985 and extensively renovated in 2020, this single-story Class B building offers a variety of suite sizes, ranging from a minimum of 435 square feet to a maximum contiguous space of 49,000 square feet. Currently, 47,701 square feet are vacant, providing ample opportunity for immediate occupancy. The property boasts a 30-foot ceiling height, 14 dock-high doors, and four loading docks, making it ideal for various industrial and office uses. With a total of 50 parking spaces and a 606-foot frontage on Sheridan Road, this property offers excellent visibility and accessibility. The 7.3-acre lot provides ample room for expansion or outdoor storage. The property features 440/3-phase power. The property's location offers easy access to major transportation routes. Taxes are $66,534. This property is a prime location for businesses seeking a flexible and functional workspace in a thriving Tulsa submarket. The APN is 99310-93-10-10480. Nine suites are available in total.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $13,611,447
    Hospitality
    $12,468,012
    Educational
    $10,373,240
    Medical
    $10,729,991
    Retail
    $16,136,151

Location Insight

City
Tulsa
County
Tulsa
State
Oklahoma
Latitude
36.1454
Longitude
-95.9056
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
$70,382
$66,319
$457,941
$524,260
-
$602,900
$4,163,100
$4,766,000

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