8905 Yale AveTulsa, OK 74137

  • Office buildings
  • 7,069 SF
For Lease
$21/SF/YR View listing

Property Details for 8905 Yale Ave

Year built
2013
Construction
WOOD FRAME
Lot size
0.47 AC
Property size (Sq ft)
7,069 SF
Zone code
OL
Property type
Office buildings
APN
77545-83-15-63390
APU
77545831563390

Description

This exceptional 7,382 square foot office building, constructed in 2013, presents a fantastic opportunity for businesses seeking prime Tulsa real estate. Located in the desirable Tulsa - South submarket, this Class B property boasts a convenient location near the intersection of 91st and Yale, offering easy access to a variety of restaurants and retail amenities. The building features a total of 12 parking spaces, providing a comfortable 1.63 parking ratio for tenants. The property sits on a 0.47-acre lot and is zoned for commercial use. The building itself is a two-story structure with multiple tenancy options available. One currently available suite offers 878 square feet of space, ideal for a smaller business or satellite office. The high traffic count of 21,215 vehicles per day on East 91st Street (according to INGOG 2022 data) ensures excellent visibility and accessibility for your business. The property's APN is 77545-83-15-63390 and is situated in Tulsa County. This versatile property is suitable for both creative and traditional office uses, offering a blend of modern functionality and convenient location. Don't miss this chance to establish your business in a thriving area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $954,918
    6.5%
    $881,463
    7%
    $818,501
  • Comparable approach

    Method
    Valuation
    Relative Method
    $505,646
    Geo Method
    $505,646
  • Alternative Use

    Use
    Valuation
    Residential
    $1,093,014
    Hospitality
    $1,001,195
    Educational
    $832,982
    Medical
    $861,630
    Retail
    $1,295,750

Location Insight

City
Tulsa
County
Tulsa
State
Oklahoma
Latitude
36.0337
Longitude
-95.9201
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
$23,687
$46,750
$128,590
$175,340
-
$425,000
$1,169,000
$1,594,000

FAQs

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