Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    11298 N. 135th E. Avenue Owasso, OK 74055

    View on Map
    Sponsored
    Source: https://www.naisullivangroup.com
    For Sale
    $2,374,020

    Prime Owasso acreage, highway visibility, zoned CS.

    Property size:
    474,804 SF

    Property Features for 11298 N. 135th E. Avenue

    General Information

    Property type
    Other land
    Square Feet
    474,804 SF
    Price / Square Foot
    $5
    Elevators
    N/A
    Net Rentable
    474,804 SF
    Lot Size
    474,804 SF

    Overview

    Owasso Commercial Land Investment Opportunity

    This commercial land offering includes two parcels of approximately 6.3 acres and 10.9 acres, situated in Owasso, Oklahoma. The property is zoned CS and benefits from direct exposure to Highway 169, providing excellent visibility and high traffic volume. Located in the Garrett Creek area, the land is positioned within a rapidly growing residential area, offering a strong potential customer base for commercial ventures. The northern parcel is approximately 6.3 acres, while the southern parcel is approximately 10.9 acres, providing ample space for large-scale projects or separate development opportunities.

    We can help!

    Listing Contact
    David Hartnack

    Learn more

    HighLights

    • Two sizable lots available: 6.3 and 10.9 acres in Owasso, OK.
    • Prime commercial location zoned CS with direct Highway 169 exposure.
    • $2,374,020 asking price; situated in a rapidly growing residential area.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Owasso
    State
    Oklahoma
    Longitude
    -97.530935
    Latitude
    35.563994

    Nearby Comparable

    • Contact for pricing
      12,652 SF

      Oklahoma City Retail Investment Opportunity

      Two buildings, 12,652 SF, sale or lease.
      9218 & 9224 N. Western Avenue, Oklahoma City, OK 73114
      View Details
    • $297,300
      0.50 Acres

      Del City Commercial Land - 0.5 Acres

      Prime Del City land near Tinker AFB. Seller financing available.
      5400 S.E. 29th Street, Del City, OK 73115
      View Details
    • $1,372,140
      6.30 Acres

      Owasso Commercial Land Investment Opportunity

      Prime Owasso acreage, highway visibility, zoned CS.
      11298 N. 135th E. Avenue, Owasso, OK 74055
      View Details
    • $1,200,000

      Multi-Parcel Commercial Opportunity

      Investment property package in Britton Corridor, Oklahoma City.
      1100 W Britton Rd, Oklahoma City, OK 73114
      View Details
    • Contact for pricing
      1,676 SF

      Updated Office Space For Sale

      Updated office space with high visibility and traffic.
      1225 W Britton Rd, Oklahoma City, OK 73114
      View Details
    • $495,000
      1,500 SF

      708 W Britton Rd

      Retail space • 1,500 SF
      708 Britton Rd, Oklahoma City, OK 73114
      View Details
    • $750,000

      2.27 Acre Corner Industrial Lot

      Corner lot ideal for industrial development in Oklahoma City.
      8001 N Walker Ave, Oklahoma City, OK 73114
      View Details
    • $3,500,000

      Oklahoma City Office Building For Sale

      Office building for sale in Oklahoma City, 68% occupied.
      401 SW 80Th St, Oklahoma City, OK 73139
      View Details
    • Contact for pricing

      Oklahoma City Shovel Ready Pads

      Shovel-ready commercial pads in a prime Oklahoma City location.
      8601 Broadway Ext, Oklahoma City, OK 73114
      View Details

    Nearby Similar for Sale

    • Contact for pricing
      33,960 SF

      Owasso Retail Center in Redbud

      Class A retail asset anchoring Owasso's downtown Redbud District.
      201 S Main St, Owasso, OK 74055
      View Details
    • $3,125,000

      7708 - 7762 North Owasso Expressway, Owasso, OK 74055

      Flex space
      7708 North Owasso Expy, Owasso, OK 74055
      View Details
    • Contact for pricing
      4,500 SF

      4500 SF Warehouse For Sale

      4500 SF warehouse featuring dock and overhead doors.
      7726 N Owasso Expy, Owasso, OK 74055
      View Details
    • Contact for pricing

      Retail Property in Owasso, OK

      Retail property available for sale in Owasso, Oklahoma.
      9800 N 119 Ave E, Owasso, OK
      View Details
    • Contact for pricing
      11,989 SF

      Owasso Office Building For Sale

      Office building with 11,989 square feet of space.
      13616 E 103Rd St, Owasso, OK 74055
      View Details
    • $2,975,000
      27,755 SF

      Owasso Business Park For Sale

      Owasso Business Park For Sale
      7708 - 7762 North Owasso Expressway, Owasso, OK 74055
      View Details
    • $530,000
      1,900 SF

      Highway Frontage Commercial Building

      Move-in ready building with expansion and development potential.
      17983 E 116Th St N, Owasso, OK 74055
      View Details
    • $750,000
      2,000 SF

      Owasso Office Building For Sale

      2,000 sq ft office building in Owasso, Oklahoma.
      8430 N 123Rd East Ave, Owasso, OK 74055
      View Details
    • $249,900
      837 SF

      Owasso Mixed-Use Property - Redbud District

      Charming Mixed-Use Property, Ample Parking
      103 3Rd St, Owasso, OK 74055
      View Details
    • Contact for pricing
      4.19 Acres

      Owasso Retail Investment Opportunity

      Three prime parcels, ideal for various uses.
      112th Garnett Rd, Owasso, OK 74055
      View Details
    • Contact for pricing
      13.56 Acres

      Owasso Commercial Land - Hwy 169

      ±13.56 Acres, High-Traffic Location
      169 & 129th Hwy, Owasso, OK 74055
      View Details

    FAQs

    What type of property is this?
    Land - Prime Owasso acreage, highway visibility, zoned CS.
    Where is this land located?
    The property is located at 11298 N. 135th E. Avenue Owasso, OK.
    What is the asking price?
    The asking price for this property is $2,374,020.
    What are key features of this property?
    This property features: Two sizable lots available: 6.3 and 10.9 acres in Owasso, OK.; Prime commercial location zoned CS with direct Highway 169 exposure.; $2,374,020 asking price; situated in a rapidly growing residential area.
    (405) 761-8955
    Request Owner's contact information
    11298 N. 135th E. Avenue Owasso, OK 74055
    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.
    11298 N. 135th E. Avenue
    Owasso, OK 74055
    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
    11298 N. 135th E. Avenue Owasso, OK 74055
    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

    We can help!
    Listing Contact
    David Hartnack
    (405) 761-8955
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!