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    11027 N Yale Avenue Sperry, OK 74073

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    Claim this Listing
    For Sale
    $1,420,000

    LAND - Sperry, OK

    Lot size:
    113.74 Acres
    Added:
    Jun 10, 2025
    Days on Market:
    323
    Last Refresh:
    Apr 28 at 7:06 pm

    Property Features for 11027 N Yale Avenue

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    AG
    Fencing
    Cross Fenced
    Standard status
    Active
    APN
    91310-13-10-32010
    Lot size
    113.74 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    N/2 SW & NW SE LESS BEG NWC SW TH E522.05 S522.89 W521.80 N520.91 POB SEC 10 21 13 113.737ACS UNPLATTED

    We can help!

    Listing Contact
    Gilda Krantz-Smith

    Listing agent Gilda Krantz-Smith License #80501

    Listing office Chinowth & Cohen 13512 E 116th St N, Tulsa, OK

    Listing date Jun 10, 2025

    MLS# 2524275 Listing URL

    Copyright © 2026 MLS Technology, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Oklahoma Ranch Land For Sale

    This 114-acre property is located in Tulsa County, Oklahoma, between Owasso and Collinsville, just east of Hwy 75 and 116th St N. The AG-zoned land is fully fenced with cross-fencing and features two ponds, a private field road, and a small creek, making it suitable for livestock, ranching, hay production, recreational use, or rural living. Utilities are available at the road off of N. Yale Ave. The property includes mature shade trees, grazing areas, and abundant wildlife. It offers an easy commute to Downtown Tulsa, Tulsa International Airport, and Bartlesville, Oklahoma. Situated within a growth corridor, the location presents potential future development opportunities, with industrial zoning and an electric substation nearby. It is also located approximately 3.5 miles from the proposed cybersecurity data center known as 'Project Clydesdale'.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ranches

    Suggested Use

    Dental Office Auto Repair Shop Auto Parts Store Storage Facility (Bike/Boat/Book/etc) Store Parking Lot & Garage

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sperry
    County
    Tulsa
    State
    Oklahoma
    Longitude
    -95.921718
    Latitude
    36.31731

    Nearby Similar for Sale

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      10,001 SF

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      6455 E 106th St N, Sperry, OK 74073
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    • $2,950,000
      10,001 SF

      Sperry Commercial Building For Sale

      Move-in ready commercial building suited for childcare, therapy, or office use.
      6455 E 106th St N, Sperry, OK
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    FAQs

    What type of property is this?
    Ranch - 114 acres of ranch land near Owasso and Collinsville.
    Where is this ranch located?
    The property is located at 11027 N Yale Avenue Sperry, OK.
    What is the asking price?
    The asking price for this property is $1,420,000.
    What are key features of this property?
    This property features: 114 acres of fully fenced and cross‑fenced land ideal for ranching, livestock, or hay production.; Prime location in Tulsa County between Owasso and Collinsville, with easy access to Hwy 75 and 116th St N.; AG‑zoned with utilities at the road, two ponds, a small creek, and a private field road.
    (918) 392-0900
    We can help!
    Listing Contact
    Gilda Krantz-Smith
    Real Estate License ID: 80501
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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