This prime commercial development opportunity is located at the high-visibility southeast corner of North Yale Avenue and East Apache Street in Tulsa, OK 74115. Spanning 6.62 acres (approximately 288,367 square feet), the site is zoned CG (Commercial General), making it versatile for a range of uses including retail, office, self-storage, or mixed-use developments. The flat, shovel-ready terrain requires no major site preparation, positioning it as an ideal canvas for immediate ground-up construction.
Key Features and Highlights
Location Advantages: Situated just minutes from Tulsa International Airport, with seamless access to I-244 and major thoroughfares, ensuring excellent visibility and connectivity for high-traffic commercial operations. The area benefits from proximity to dining, retail, and green spaces, supporting strong foot and vehicle traffic.
Development Potential: CG zoning permits flexible commercial applications, such as self-storage facilities (with potential for 85-95% occupancy and $141/SF valuations in the regional market), retail pads, or office spaces. Its size and corner positioning enhance build-out options, including multi-tenant configurations.
Market Context: Part of Tulsa's dynamic CRE landscape with 5+ million SF of space across 287 properties, driven by economic growth near the airport and port facilities. Recent trends show stabilizing values post-2023 slowdown, with strong demand from REITs and developers.
Dakota Owen
SVN | Oak Realty Advisors