Search
1 W 81st Street, Tulsa, OK, 74132
Commercial Kitchen Restaurant Facility

1 W 81st Street Tulsa, OK 74132

New
For Sale
$1,800,000

COMMERCIAL - Tulsa, OK

Property Size9,515 SF
Lot Size4.85 Acres
Price / SF$189.17
Days on Market1

Property Features for 1 W 81st Street

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
IL
Interior features
9' Ceiling Height, Cable TV Wired, Floored Attic
Standard status
Active
APN
98212-82-12-51750
Size
9,515 SF
Lot size
4.85 Acres

Taxes and HOA fees

Tax Year
2023
Tax Description
S680 E/2 E/2 SW SW LESS S24.75 FOR RD SEC 12 18 12 4.849ACS
Tax Annual Amount
5199

Utilities

Utilities
Cable Available
Heating system
Zoned, Central
Cooling system
Central Air, Zoned

Building Details

Year built
1985
Floors in Building
3
Flooring type
Tile, Wood, Hardwood, Carpet
Building materials
Frame
Roof type
Composition
Listing Agency: eXp Realty, LLC
Listed By: Nicci Atchley · License #174632
Added: Jul 23 Last Checked: Jul 23 at 6:06PM
MLS# 2627179

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.


Investment Insights

Based on property information with market context.

This zoned commercial property includes a commercial kitchen and accompanying furnishings such as tables, chairs, and linens, making it suited to restaurant, church, or event center use. The offering also includes on-site parking for more than 300 vehicles.

The site is located near Tulsa Hills Shopping Center, Tulsa Premium Outlet Mall, and REI Co-op Outlet stores, supporting convenient access for customers and guests.

Set on 4.85 acres, the property allows for additional development, including room to create pad sites. The remainder of the land available can support future expansion with your planned updates.

Key Highlights

  • Zoned commercial building with interior features including 9' ceiling height and floored attic
  • Includes commercial kitchen plus tables, chairs, and linens
  • 4.85 acres with additional land available for development and room for pad sites

Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $148.4k $15.60
− Vacancy −$5.2k −$0.55
EGI $143.2k $15.05
− OpEx −$35.8k −$3.76
NOI $107.4k $11.29
9,515 SF · lease $15.60/SF/yr · vacancy 3.50% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$1.53M
$1.34M – $1.79M (±1% cap)
NOI $107,429 @ 7.0% cap · market cap 5.97%
Second Best
Industrial
$653.5K
$571.8K – $762.4K (±1% cap)
NOI $45,742 @ 7.0% cap · market cap 2.54%
Theoretical Best
Office A
$2.03M
$1.78M – $2.37M (±1% cap)
NOI $142,058 @ 7.0% cap · market cap 7.89%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Commercial kitchens

Suggested Use

Real Estate Agency Auto Repair Shop Parking Lot & Garage Restaurant Big Box & Wholesale Store Law Firm Skin Care Clinic Electrical Service Carpet & Flooring Store Computer & Electronic Repair

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

FAQs

What type of property is this?
Commercial kitchen - Zoned commercial property with a commercial kitchen and 300+ parking spaces on nearly five acres with room for development.
Where is this commercial kitchen located?
The property is located at 1 W 81st Street Tulsa, OK.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Zoned commercial building with interior features including 9' ceiling height and floored attic; Includes commercial kitchen plus tables, chairs, and linens; 4.85 acres with additional land available for development and room for pad sites
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