Former Bank of America - Admiral @ Sheridan | 5950 E Admiral Pl
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Former Bank of America - Admiral @ Sheridan 5950 E Admiral Pl
20,002 SF Vacant Office Building Tulsa, OK 74115 $899,000 ($45/SF)
Investment Highlights
- NEW PRICE!! $49/5/sqft or $9/sqft Dirt!
- 135+ Parking Spaces - Lighting, Landscaping, Flag Poles
- ~$60/ sqft Move-in Ready, Optional Mult-Tenancy
- New Roof - 2015 with transferable warranty
- ALL NEW HVAC UNITS (or $150K price reduction)
- Proximity to Airport, HWY 244, 10min to Downtown
Executive Summary
ALL NEW HVAC EQUIPMENT AVAILABLE ($145K value). Price to sell at $45/sqft or ~$8/sqft dirt!!
The now vacant Admiral Office Building has been a banking staple along Admiral & Hwy 244, just West of Sheridan for over 50 years. It was built and operated as a Bank of Oklahoma (BOK) and then most recently as a Bank of America (BOA). It has easy access to 244, Tulsa International Airport, and is a 10 min ride to downtown Tulsa.
Eight new RTU HVAC units totaling $145K. Haven't been installed - owner can offer new equipment before closing.
The 2.52 acre site includes ~135 parking spaces (and room for expansion), mature landscaping, and a 20,000 sqft building which includes drive-thru (East side) and covered entry (West side). The building is designed for multi-tenant use with three distinct suites, each with dedicated commercial glass entrances, private offices and conference space. The downstairs features a large lobby, bank vault, and drive thru. The ~5000 sqft upstairs includes common area restrooms, kitchenette, and additional office space. All finishes are commercial grade. Tours available on request. Call: 918-517-6220.
The now vacant Admiral Office Building has been a banking staple along Admiral & Hwy 244, just West of Sheridan for over 50 years. It was built and operated as a Bank of Oklahoma (BOK) and then most recently as a Bank of America (BOA). It has easy access to 244, Tulsa International Airport, and is a 10 min ride to downtown Tulsa.
Eight new RTU HVAC units totaling $145K. Haven't been installed - owner can offer new equipment before closing.
The 2.52 acre site includes ~135 parking spaces (and room for expansion), mature landscaping, and a 20,000 sqft building which includes drive-thru (East side) and covered entry (West side). The building is designed for multi-tenant use with three distinct suites, each with dedicated commercial glass entrances, private offices and conference space. The downstairs features a large lobby, bank vault, and drive thru. The ~5000 sqft upstairs includes common area restrooms, kitchenette, and additional office space. All finishes are commercial grade. Tours available on request. Call: 918-517-6220.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
20,002 SF
Building Class
B
Year Built/Renovated
1972/1988
Price
$899,000
Price Per SF
$45
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
14,500 SF
Building FAR
0.18
Lot Size
2.52 AC
Zoning
CH - HIGH DENSITY COMMERCIAL DISTRICT
Parking
135 Spaces (6.75 Spaces per 1,000 SF Leased)
Amenities
- Atrium
- Banking
- Bus Line
- Controlled Access
- Security System
- Central Heating
- Secure Storage
- Drop Ceiling
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 99303-93-03-14660 | Improvements Assessment | $79,794 |
| Land Assessment | $30,206 | Total Assessment | $110,000 |
PROPERTY TAXES
Parcel Number
99303-93-03-14660
Land Assessment
$30,206
Improvements Assessment
$79,794
Total Assessment
$110,000
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Former Bank of America - Admiral @ Sheridan | 5950 E Admiral Pl
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