2 N Memorial Drive

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2 N Memorial Drive

Owasso, OK 74055
Asking Price
$289K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial land asset spanning 4.96 acres total
  • Located at 2 N Memorial Drive in Owasso
  • Market positioning within the growing Tulsa metropolitan area
  • Available for purchase at a price of $289,000
  • Versatile acreage suitable for diverse commercial use cases

What's Special

Owasso serves as a prominent residential and commercial hub within the Tulsa metropolitan area, known for its consistent economic growth and accessibility. Positioned at 2 N Memorial Drive, this 4.96-acre commercial land parcel benefits from the region's strong infrastructure and steady regional development. The site provides a substantial footprint for investors or developers seeking to capitalize on a growing suburban environment with favorable demographics. Given the significant acreage, the property supports diverse commercial applications, ranging from retail developments to professional office space or specialized service facilities. The location offers proximity to major arterial routes, ensuring connectivity for potential clients and employees across the northern Tulsa market. This tract presents a functional option for those looking to secure a foothold in an established corridor, providing the flexibility needed for various commercial expansion projects in a stable municipal landscape.

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NOI
$80,000
Cap Rate
27.68%
DSCR
4.66
Strong
Cash-on-Cash
72.48%
Monthly Payment
$1,429.814
Annual Cash Flow
$62,842.228

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