Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Ready-to-Use Land Near Tulsa Title is generated by Realmo AI

    2781 W 88th Street N, Sperry, OK 74073

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    15 acres with new shop, pond, and utilities near Tulsa.

    Type:Land
    Property size:
    4,000 SF
    Lot size:
    15.00 Acres
    Price / SF:
    $102/SF
    Added:
    Feb 3, 2026
    Days on Market:
    103
    Last Refresh:
    Mar 17 at 1:14 pm

    Property Features for 2781 W 88th Street N

    General Information

    Standard status
    Active
    Size
    4,000 SF
    Lot size
    15.00 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    James Steed

    Listing agent James Steed License #180632

    Listing office Coldwell Banker Select Real Estate Tulsa

    Listing date Feb 3, 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 Coldwell Banker Select Real Estate Tulsa

    HighLights

    • New 4,000± SF red‑iron shop with lean‑to and multiple overhead doors.
    • Utilities on site: power meter, rural water line, and aerobic septic system installed.
    • 15 acres with pond, mature trees, and wide‑open views.
    • Convenient location: ~20 minutes to Downtown Tulsa.
    • Paved road frontage.
    • Plumbing roughed in for interior fixtures in the shop.

    Overview

    This 15-acre tract, located southeast of Sperry, features open views, mature trees, and a pond. It includes a new 4,000± SF red-iron shop with a 12' lean-to, two 12' overhead doors, one 10' overhead door, and two walk-through doors. Plumbing is roughed in for interior fixtures. Utilities are on site, with a power meter installed, a rural water line in place, and an aerobic septic system installed. A split-rail fence enhances the property's curb appeal. The property is located approximately 20 minutes from Downtown Tulsa, 7 minutes from Hwy 75, and 10 minutes from Skiatook and Skiatook Lake. It is suited for a homesite, barndominium setup, or business use.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Pet Grooming Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Sperry
    County
    Tulsa
    State
    Oklahoma
    Longitude
    -96.023374
    Latitude
    36.28165

    Nearby Similar for Sale

    • $109,500

      Land in Catalina Cove

      Land for sale near Skiatook Lake in Catalina Cove.
      11 Avalon Drive, Sperry, OK 74073
      View Details
    • $109,500

      Land in Catalina Cove, Sperry

      Residential land in Skiatook Lake & Country setting.
      14 Avalon Drive, Sperry, OK 74073
      View Details
    • $109,500

      Land in Catalina Cove

      Residential land in Skiatook Lake & Country setting.
      22 Catalina Boulevard, Sperry, OK 74073
      View Details
    • $109,500

      Land in Catalina Cove

      Residential land in Skiatook Lake & Country setting.
      21 Catalina Boulevard, Sperry, OK 74073
      View Details
    • $109,500

      Land in Catalina Cove

      Land for sale in Sperry, near Skiatook Lake.
      19 Catalina Boulevard, Sperry, OK 74073
      View Details
    • $899,000

      Sperry Acreage on Hwy 11

      Rare 79+ acre parcel within Sperry city limits.
      10201 N Cincinnati Avenue, Sperry, OK 74073
      View Details
    • $115,000

      Treed Corner Lot Homesite

      4.58 acre treed corner lot near Skiatook Lake.
      5341 W 113th Street N, Sperry, OK 74073
      View Details
    • $284,900

      Lakeview Land in Sperry, OK

      Lakefront land with pristine views on Skiatook Lake.
      12700 Lakeview Road, Sperry, OK 74073
      View Details
    • $139,000

      Sperry, OK Lake View Lot

      Cleared 1-acre lot near Skiatook Lake, ready to build.
      12586 Wilson Drive, Sperry, OK 74073
      View Details
    • $159,000

      Skiatook Lake View Homesite

      0.603+ acre Skiatook Lake view lot in Sperry, OK.
      32 Catalina Boulevard, Sperry, OK 74073
      View Details
    • $149,500

      Sperry, OK Wooded Land

      2-acre wooded lot near Hwy 75 in Sperry, OK.
      7668 N Harvard Avenue E, Sperry, OK 74073
      View Details
    • $450,000

      Sperry, OK Land Opportunity

      10 acres of flat, cleared land near Highway 75.
      11407 N Harvard Avenue, Sperry, OK 74073
      View Details

    FAQs

    What type of property is this?
    Land - 15 acres with new shop, pond, and utilities near Tulsa.
    Where is this land located?
    The property is located at 2781 W 88th Street N Sperry, OK.
    What is the asking price?
    The asking price for this property is $410,000.
    What are key features of this property?
    This property features: New 4,000± SF red‑iron shop with lean‑to and multiple overhead doors.; Utilities on site: power meter, rural water line, and aerobic septic system installed.; 15 acres with pond, mature trees, and wide‑open views.
    (918) 496-3333 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    James Steed
    Real Estate License ID: 180632
    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
    2781 W 88th Street N, Sperry, OK 74073
    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!