Downtown Retail
New
For Sale
$315,000
104 S Birch Street, Owasso, OK 74055
Commercial, Owasso, OK
Property Size1,248 SF
Lot Size0.21 Acres
Price / SF$252.40
Days on Market3
Property Features for 104 S Birch Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
DM
Security features
Security System
Interior features
Cable TV Wired, Display Window, High Speed Internet, Security System-Owned
Exterior features
Lighting
Subdivision
Owasso OT
Elementary school district
Owasso - Sch Dist (11)
Middle school district
Owasso - Sch Dist (11)
High school district
Owasso - Sch Dist (11)
Directions
POB 169 N to 76th St N, turn right on Birch Street. Property located on the left.
Standard status
Active
Size
1,248 SF
Lot size
0.21 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
N75 Lot 1 less S35 Thereof BLK 23
Tax Annual Amount
1374
Legal Description
N75 Lot 1 less S35 Thereof BLK 23
Utilities
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1965
Building materials
Brick
Roof type
Composition
Listing Agency:
Keller Williams Premier · Keller Williams Realty
(918) 272-0809
Listed By:
Lynn Newton · License #108244
(918) 852-9622
Added: Oct 5
Changed: Oct 7
Last Checked: Oct 7 at 5:06PM
MLS# 2636519
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 1,248-square-foot retail property has a two-room interior, a separate break room, and one restroom. A display window, wired cable TV, high-speed internet, and an owned security system are among its interior features. The brick building was constructed in 1965 and has central heating, central air conditioning, and a composition roof.
At 104 S Birch Street, the property is located in downtown Owasso’s Redbud District and within the Redbud Tax Increment Financing District. Lighting is an exterior feature. The 0.213-acre parcel is in zoning district DM.
At 104 S Birch Street, the property is located in downtown Owasso’s Redbud District and within the Redbud Tax Increment Financing District. Lighting is an exterior feature. The 0.213-acre parcel is in zoning district DM.
Key Highlights
- 1,248 square feet on a 0.213‑acre parcel
- Two large interior rooms, break room, and one restroom
- Display window, high‑speed internet, wired cable TV, and owned security system
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,711
Cap Rate
4.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$254,220
$254.2K
Cap Rate 7%
$181,586
$181.6K
Cap Rate 9%
$141,233
$141.2K
Market Conditions
NOI Build-Up for 1,248 SF
Gross rent
$18.7K $15.00/SF
− Vacancy
−$562 −$0.45/SF
EGI
$18.2K $14.55/SF
− OpEx
−$5.4K −$4.36/SF
NOI
$12.7K $10.18/SF
Area
Tulsa County, OK
Vacancy
3.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$254,220
Cap Rate 7%
$181,586
Cap Rate 9%
$141,233
Alternative Uses
Best Use
Retail
$181.6K
$158.9K – $211.9K
NOI $12,711 @ 7.0% cap · market cap 4.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$281.3K
$246.1K – $328.2K
NOI $19,689 @ 7.0% cap · market cap 6.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
608
Businesses Nearby
Explore this area
Business Placement
Demographics for 74055, OK
48,776
Population
19,539
Households
2.5
Avg Household Size
37
Median Age
39%
College-Educated
95%
High-School Grad
50.9 sq mi
ZIP Area
958
Density / Sq Mi
$86,897
Median Household Income
$46,956
Median Earnings
$1,218
Median Rent
$261,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Retail space - A flexible interior includes two large rooms, a break room, and one restroom.
Where is this retail space located?
The property is located at 104 S Birch Street Owasso, OK.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: 1,248 square feet on a 0.213‑acre parcel; Two large interior rooms, break room, and one restroom; Display window, high‑speed internet, wired cable TV, and owned security system
