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5916 E Tecumseh St 1,625 SF Retail Building Tulsa, OK 74115 $125,000 ($76.92/SF)


Investment Highlights
- High visibility
Executive Summary
Value-Add Commercial Opportunity in Growing Dawson Area – Priced for Renovation
Former industrial-use property with strong upside potential, ideal for investors or owner-users seeking a redevelopment project.
1,625 SF commercial building with flexible potential uses.
Value-add opportunity – priced to reflect condition and renovation needs.
Former heat-treating use – buyer to verify all potential uses and requirements.
Located in the Dawson area, where ongoing residential renovation and reinvestment are contributing to increased surrounding property values.
Investor-friendly project with potential for monthly rent after improvements (buyer to verify).
Sold as-is – cleanout and repairs required.
Limited seller knowledge – excellent opportunity for experienced investors to add value.
Investment Snapshot (Pro Forma):
Projected rent of approximately $2,000/month ($24,000 annually), with estimated after-repair value in the $170K–$200K range depending on improvements and market conditions. Renovation costs estimated around $100K. Potential stabilized cap rate in the 12%–14% range (buyer to verify all figures).
Property was previously utilized for a heat-treating business. Seller has limited knowledge of past operations and makes no representations regarding condition or prior use. Buyer to perform all due diligence, including inspections and verification of intended use.
Property is competitively priced in consideration of its current condition, renovation needs, and income potential after improvements. This presents an opportunity for investors to add value and capitalize on both rental income and area growth.
One of the sellers is a licensed real estate agent in the state of Oklahoma. Property is being sold FSBO by a Trust.
Former industrial-use property with strong upside potential, ideal for investors or owner-users seeking a redevelopment project.
1,625 SF commercial building with flexible potential uses.
Value-add opportunity – priced to reflect condition and renovation needs.
Former heat-treating use – buyer to verify all potential uses and requirements.
Located in the Dawson area, where ongoing residential renovation and reinvestment are contributing to increased surrounding property values.
Investor-friendly project with potential for monthly rent after improvements (buyer to verify).
Sold as-is – cleanout and repairs required.
Limited seller knowledge – excellent opportunity for experienced investors to add value.
Investment Snapshot (Pro Forma):
Projected rent of approximately $2,000/month ($24,000 annually), with estimated after-repair value in the $170K–$200K range depending on improvements and market conditions. Renovation costs estimated around $100K. Potential stabilized cap rate in the 12%–14% range (buyer to verify all figures).
Property was previously utilized for a heat-treating business. Seller has limited knowledge of past operations and makes no representations regarding condition or prior use. Buyer to perform all due diligence, including inspections and verification of intended use.
Property is competitively priced in consideration of its current condition, renovation needs, and income potential after improvements. This presents an opportunity for investors to add value and capitalize on both rental income and area growth.
One of the sellers is a licensed real estate agent in the state of Oklahoma. Property is being sold FSBO by a Trust.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Distress Sale
Property Type
Retail
Property Subtype
Building Size
1,625 SF
Building Class
C
Year Built
1940
Price
$125,000
Price Per SF
$76.92
Tenancy
Single
Building Height
1 Story
Building FAR
0.37
Lot Size
0.10 AC
Opportunity Zone
Yes
Zoning
CH
Parking
4 Spaces (6.84 Spaces per 1,000 SF Leased)
Frontage
44’ on Tecumseh St
Amenities
- Bus Line
- Signage
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
20/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 10775-03-27-01450 | Improvements Assessment | $2,139 |
| Land Assessment | $299 | Total Assessment | $2,438 |
Property Taxes
Parcel Number
10775-03-27-01450
Land Assessment
$299
Improvements Assessment
$2,139
Total Assessment
$2,438
1 of 3
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Presented by
Anna Neal
5916 E Tecumseh St
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