807 Xanthus PlTulsa, OK 74104

  • Office buildings
  • 4,890 SF
For Sale
$915,000 View listing

Property Details for 807 Xanthus Pl

Year built
1930
Construction
STEEL FRAME
Lot size
0.92 AC
Property size (Sq ft)
4,890 SF
Zone code
IM
Property type
Office buildings
APN
14500-93-06-06950
APU
14500930606950

Description

This exceptional commercial property at 807 S Xanthus Place in Tulsa, Oklahoma, presents a significant investment opportunity. Boasting a substantial 16,660 square feet of combined office and warehouse space, this property sits on a generous 0.92-acre lot. The building features a well-defined layout, separating 11,770 square feet dedicated to warehouse space from 4,890 square feet of finished office area. This versatile configuration is ideal for a variety of businesses requiring both storage and professional office environments. The property's location in Tulsa County, Oklahoma, with a 74104 zip code, offers convenient access to major transportation routes and a thriving business community. The asking price for this prime commercial real estate is $915,000. This represents a compelling opportunity to acquire a substantial and well-positioned property in a dynamic market. The property is zoned for commercial use and offers significant potential for growth and return on investment. The ample square footage and versatile layout provide flexibility for a wide range of business applications. Serious inquiries are encouraged to explore this unique opportunity further. The property is ready for immediate occupancy, presenting a rare chance to secure a substantial commercial space in a desirable Tulsa location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $660,567
    6.5%
    $609,754
    7%
    $566,200
  • Comparable approach

    Method
    Valuation
    Relative Method
    $349,782
    Geo Method
    $349,782
  • Alternative Use

    Use
    Valuation
    Residential
    $756,095
    Hospitality
    $692,579
    Educational
    $576,218
    Medical
    $596,035
    Retail
    $896,339

Location Insight

City
Tulsa
County
Tulsa
State
Oklahoma
Latitude
36.1491
Longitude
-95.9624
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
$6,109
$11,055
$34,452
$45,507
-
$100,500
$313,200
$413,700

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