Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Glenpool Land for Sale Title is generated by Realmo AI

    1 S Elwood Avenue, Glenpool, OK 74033

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    2.87 acre tract in growing Glenpool area.

    Type:Land
    Lot size:
    2.87 Acres
    Added:
    May 12, 2026
    Days on Market:
    24
    Last Refresh:
    May 14 at 9:32 pm

    Property Features for 1 S Elwood Avenue

    General Information

    Standard status
    Active
    Lot size
    2.87 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    James Weygandt

    Listing agent James Weygandt License #210901

    Listing office Keller Williams Advantage

    Listing date May 12, 2026

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Advantage

    HighLights

    • Large 2.87 +\/- acre lot in a high‑growth area
    • Convenient access to shopping, schools, highways, and Tulsa metro amenities
    • Ideal for custom home, investment, or future development
    • Features a creek for character and privacy
    • Direct access and visibility from Elwood Avenue
    • Room for shop, pool, animals, or other improvements

    Overview

    This 2.87 +/- acre tract is located in the Glenpool area at 141st & Elwood. The property offers access to shopping, schools, highways, and Tulsa metro amenities. It is suited for a custom home, small investment project, or future development. The land features open space, mature trees nearby, and a creek. Direct access to Elwood provides entry and visibility. There is room for a shop, pool, animals, or additional improvements. The property is located in a high-growth corridor. Boundary lines are approximate.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Real Estate Agency Building Supply Big Box & Wholesale Store Hotel & Motel Gym & Fitness Center Pharmacy Food Market HVAC Service Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Glenpool
    County
    Tulsa
    State
    Oklahoma
    Longitude
    -95.9932067
    Latitude
    35.9841809

    Nearby Similar for Sale

    • $300,000
      2,400 SF

      Luxury Garage Condos For Sale

      Premium storage and flex space for enthusiasts and businesses.
      16571 S Broadway Street W, Glenpool, OK 74033
      View Details
    • $180,000
      1,500 SF

      Glenpool Luxury Garage Condo

      Premium storage and flex space near Highway 75.
      16571 S Broadway Street W, Glenpool, OK 74033
      View Details
    • $7,500
      9,000 SF

      Glenpool Commercial Warehouse Opportunity

      9,000 sq ft commercial warehouse in Glenpool, Oklahoma.
      654 W 138th Street, Glenpool, OK 74033
      View Details
    • $235,000

      Glenpool Commercial Lot For Sale

      Prime commercial lot in a high-traffic Glenpool location.
      243 E 141st Street, Glenpool, OK 74033
      View Details
    • $230,000

      Vacant Land in Glenpool, OK

      Vacant land in Glenpool near shopping and dining.
      136th Place, Glenpool, OK 74033
      View Details
    • $187,500
      1,500 SF

      COMMERCIAL - Glenpool, OK

      16571 S Broadway Street W, Glenpool, OK 74033
      View Details
    • $126,000
      900 SF

      COMMERCIAL - Glenpool, OK

      16571 S Broadway Street W, Glenpool, OK 74033
      View Details
    • $675,000
      6 SF

      Glenpool Commercial Land For Sale

      6.81 acre commercial land with highway frontage in Glenpool.
      16385 South Broadway Street, Glenpool, OK, 74033
      View Details
    • $235,000

      Glenpool Commercial Lot For Sale

      Commercial lot for sale in Glenpool, Oklahoma, over half acre.
      243 E 141st St, Glenpool, OK 74033
      View Details
    • $770,000
      6,750 SF

      Mixed-Use Property with High Traffic

      Mixed-use property with high traffic and large bay area.
      13802 S Union Place, Glenpool, OK 74033
      View Details
    • $850,000
      3,756 SF

      Established Glenpool Restaurant Opportunity

      Long-standing restaurant serving the Glenpool community for 29 years.
      14750 S Casper Street, Glenpool, OK 74033
      View Details
    • $10,500,000
      33,000 SF

      Glenpool Office and Retail Portfolio

      Seven-building office and retail portfolio in Glenpool, Oklahoma for sale.
      15085 S Elwood Ave, Glenpool, OK 74033
      View Details

    FAQs

    What type of property is this?
    Land - 2.87 acre tract in growing Glenpool area.
    Where is this land located?
    The property is located at 1 S Elwood Avenue Glenpool, OK.
    What is the asking price?
    The asking price for this property is $185,000.
    What are key features of this property?
    This property features: Large 2.87 +\/- acre lot in a high‑growth area; Convenient access to shopping, schools, highways, and Tulsa metro amenities; Ideal for custom home, investment, or future development
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    James Weygandt
    Real Estate License ID: 210901
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1 S Elwood Avenue, Glenpool, OK 74033
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!