6823 Yale AveTulsa, OK 74136

  • Turn key restaurants
  • 5,172 SF
For Lease
$27/SF/YR View listing

Property Details for 6823 Yale Ave

Year built
1996
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
1.39 AC
Property size (Sq ft)
5,172 SF
Zone code
OM
Property type
Turn key restaurants
APN
19781-83-03-21730
APU
19781830321730

Description

This exceptional 5,360-square-foot retail property, located at 6823 S Yale Ave in Tulsa, Oklahoma (74136), presents a remarkable opportunity. Situated on a 1.39-acre lot, this single-tenant building boasts a prime location at the intersection of Yale and Zurich Avenues. Built in 1996 and extensively renovated in 2021, the property is in excellent condition. The building features a single story and is zoned PUD (Planned Unit Development). The APN is 19781830321730. Previously occupied by Madre's Mexican Kitchen, this well-maintained space offers established landscaping, including attractive red bud trees and a beautiful retaining wall along the sidewalk. Two convenient curb cuts ensure easy access for customers and deliveries. The property's many amenities make it an ideal location for a variety of retail businesses. This owner-user opportunity is ready for immediate occupancy. The property's strategic location and recent renovations make it a highly desirable investment. Don't miss this chance to acquire a well-established retail space in a thriving Tulsa neighborhood.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,027,032
    6.5%
    $948,030
    7%
    $880,313
  • Comparable approach

    Method
    Valuation
    Relative Method
    $932,282
    Geo Method
    $932,282
  • Alternative Use

    Use
    Valuation
    Residential
    $799,698
    Hospitality
    $732,520
    Educational
    $609,448
    Medical
    $630,407
    Retail
    $948,030

Location Insight

City
Tulsa
County
Tulsa
State
Oklahoma
Latitude
36.0636
Longitude
-95.9214
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
$23,327
$80,168
$93,588
$173,756
-
$728,800
$850,800
$1,579,600

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