913 S Boulder Ave
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913 S Boulder Ave
85,063 SF Specialty Building Offered at $5,500,000 in Tulsa, OK 74119
Executive Summary
Introducing a unique specialty property in the Cathedral District, this expansive property spans an entire city block, covering an area of 2.066 ± Acres and the buildings consist of 85,063 square feet. Boasting prestigious Route 66 frontage, it offers excellent visibility and exposure. With a coveted CBD zoning, this property presents a prime opportunity for a wide range of commercial or mixed-use developments.
Enhanced investment opportunity: Located in the downtown Tulsa Cathedral District, an area pre-approved for activating a Tax Increment Financing District (TIF). With proper planning and execution, this would increase the financial stability and enhance the overall capital stack of the development, as the purchaser would be able to capture roughly 86% of all newly created property and sales tax revenue and reinvest it within the project area.
Prospective buyers are required to submit proof of funds or pre-approval for financing along with their offer in order to demonstrate their ability to complete a transaction of this magnitude. Documentation must demonstrate the existence of sufficient funds or credit availability to proceed with the purchase prior to submitting an offer.
Enhanced investment opportunity: Located in the downtown Tulsa Cathedral District, an area pre-approved for activating a Tax Increment Financing District (TIF). With proper planning and execution, this would increase the financial stability and enhance the overall capital stack of the development, as the purchaser would be able to capture roughly 86% of all newly created property and sales tax revenue and reinvest it within the project area.
Prospective buyers are required to submit proof of funds or pre-approval for financing along with their offer in order to demonstrate their ability to complete a transaction of this magnitude. Documentation must demonstrate the existence of sufficient funds or credit availability to proceed with the purchase prior to submitting an offer.
Property Facts Under Contract
| Price | $5,500,000 | Building Size | 85,063 SF |
| Price Per SF | $65 | No. Stories | 3 |
| Sale Type | Owner User | Year Built | 1920 |
| Property Type | Specialty | Parking Ratio | 2.75/1,000 SF |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 2.06 AC |
| Price | $5,500,000 |
| Price Per SF | $65 |
| Sale Type | Owner User |
| Property Type | Specialty |
| Building Class | C |
| Lot Size | 2.06 AC |
| Building Size | 85,063 SF |
| No. Stories | 3 |
| Year Built | 1920 |
| Parking Ratio | 2.75/1,000 SF |
| Opportunity Zone |
Yes |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,789,990 | |
| Land Assessment | $1,980,000 | Total Assessment | $3,769,990 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,980,000
Improvements Assessment
$1,789,990
Total Assessment
$3,769,990
zoning
| Zoning Code | CBD (Central Business District) |
| CBD (Central Business District) |
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913 S Boulder Ave
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