Retail Space For
For Sale
Contact for pricing
2203 N Lewis Avenue, Tulsa, OK 74110
Retail space in a great business location.
Property Size750 SF
Price / SF$233.33
Days on Market182
Property Features for 2203 N Lewis Avenue
General Information
Standard status
Active
Size
750 SF
Property subtype
Retail
Building Details
Year Built
1940
Listing Agency:
McGraw, REALTORS
(918) 902-3133
Listed By:
Patty Contreras · License #145835
Source:
Crexi
Added: Feb 5
Changed: Jul 6
Last Checked: Aug 5 at 4:09PM
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 McGraw, REALTORS
Investment Insights
Based on property information with market context.
This retail space offers a great business location. The property encompasses a total area of 750 square feet.
Key Highlights
- Great business location
- Built in 1940
Financial Insights For 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 | $10.8k | $14.40 |
| − Vacancy | −$486 | −$0.65 |
| EGI | $10.3k | $13.75 |
| − OpEx | −$3.1k | −$4.13 |
| NOI | $7.2k | $9.63 |
750 SF · lease $14.40/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$103.1K
$90.3K – $120.3K
NOI $7,220 @ 7.0% cap · market cap 4.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$160.0K
$140.0K – $186.6K
NOI $11,197 @ 7.0% cap · market cap 6.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
140
Businesses Nearby
Explore this area
Business Placement
Demographics for 74110, OK
15,197
Population
5,992
Households
2.5
Avg Household Size
32
Median Age
9%
College-Educated
69%
High-School Grad
5.9 sq mi
ZIP Area
2,576
Density / Sq Mi
$40,116
Median Household Income
$26,571
Median Earnings
$909
Median Rent
$67,700
Median Home Value
Market
Vacancy Rate% for Retail in Tulsa, OK
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Retail space in a great business location.
Where is this retail space located?
The property is located at 2203 N Lewis Avenue Tulsa, OK.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Great business location; Built in 1940
