Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Prime Land in Jenks, OK Title is generated by Realmo AI

    2907 W 108th Place S, Jenks, OK 74037

    View on Map
    Claim this Listing
    For Sale
    $1,100,000

    LAND - Jenks, OK

    Lot size:
    8.00 Acres
    Added:
    Apr 20, 2026
    Days on Market:
    44
    Last Refresh:
    Jun 2 at 6:06 pm

    Property Features for 2907 W 108th Place S

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    IL
    Standard status
    Active
    APN
    60802-82-26-36520
    Lot size
    8.00 Acres

    Taxes and HOA fees

    Tax Year
    2023
    Tax Description
    TBD: 4.6 Acres within T18N,R12E,S26 Newspring Campus
    Tax Annual Amount
    1

    Utilities

    Utilities
    Water Available

    We can help!

    Listing Contact
    Robin M Rosencutter
    Robin M Rosencutter

    Listing agent Robin M Rosencutter License #84409

    Listing office Keller Williams Advantage 2651 E 21 Ste 100, Tulsa, OK

    Listing date Apr 20, 2026

    MLS# 2614063 Listing URL

    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.

    HighLights

    • Prime location with high traffic count, ideal for business success.
    • Suitable for diverse development: restaurant, medical offices, school, condos, multifamily, etc.
    • 4.6 acres of land with road frontage on Highway 75 commercial district.
    • Detention and retention already in place, reducing development costs.
    • Shared parking lot available with adjacent church.
    • City road access and water available, facilitating development.

    Overview

    Approximately 4.6 acres of land are available, situated in the northwest corner, extending east along Douglas Street and curving around the parking lot to the west. The property benefits from road frontage on the east side of Highway 75 in a commercial shopping center district. The location is suitable for a restaurant, medical offices or building, school, condominiums, or multifamily development. High traffic volume enhances the potential for business success. Shared parking is available with a church. Detention and retention infrastructure is already in place. A city road provides access to the property, which is located next to a large church established in 2003, making development more desirable and cost-effective.
    Property Profile Location Intelligence

    Current Use by Public Records

    South County Counseling ... Counselor Cross Creek Early ... Daycare Center Newspring Family Church Church

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Jenks
    County
    Tulsa
    State
    Oklahoma
    Longitude
    -96.009073
    Latitude
    36.00695

    Nearby Similar for Sale

    • $395,000
      1,629 SF

      Commercial Office Building in Jenks

      Commercial office building in a desirable, growing Jenks location.
      1917 W C Street, Jenks, OK 74037
      View Details
    • $1,650,000
      11,809 SF

      Versatile Church Property in Jenks

      Exceptional church property with two buildings in a prime location.
      2833 W Main Street, Jenks, OK 74037
      View Details
    • $600,000

      Prime Commercial Land in Jenks

      1.12-acre commercial land in Jenks Riverwalk Corridor.
      S Aquarium Drive, Jenks, OK 74037
      View Details
    • $2,000,000

      Corner Land Parcel in Jenks

      Development-ready land parcel in Jenks, Oklahoma, near new school.
      13099 S Harvard Avenue, Jenks, OK 74037
      View Details
    • $325,000
      2,622 SF

      Jenks Duplex: Investment Opportunity

      Well-maintained duplex in Jenks, OK with immediate rental income.
      11129 S Date Street, Jenks, OK 74037
      View Details
    • $2,000,000

      Prime Development Land, Jenks OK

      Hard corner lot ideal for development in Jenks, Oklahoma.
      13100 S Harvard Avenue, Jenks, OK 74037
      View Details
    • $400,000

      Land with Building in Jenks

      2.6 acre property with existing home and carriage house.
      11900 S 18th Street, Jenks, OK 74037
      View Details
    • $350,000

      Jenks Land with Building Potential

      2.8 acres in Jenks, OK, ideal for building a home.
      S 18th Street, Jenks, OK 74037
      View Details
    • $1,100,000

      Prime Land at Highway Intersection

      High-visibility 4+ acre commercial land for sale.
      11608 S Union Street, Jenks, OK 74037
      View Details
    • $685,000
      10,498 SF

      Modern Retail-Office Property in Jenks

      Prime retail-office property in downtown Jenks with expansion potential.
      508 E A St, Jenks, OK
      View Details
    • $300,000

      Land in Desirable Jenks Location

      Approximately 1.653 acres in Jenks with city utilities available.
      633 E 131 Street S, Jenks, OK 74037
      View Details
    • $300,000

      Land in Desirable Jenks Location

      1.756 acre lot in Jenks with city utilities available.
      619 E 131 Street S, Jenks, OK 74037
      View Details

    FAQs

    What type of property is this?
    Commercial land - 4.6 acres suitable for various commercial developments in Jenks.
    Where is this commercial land located?
    The property is located at 2907 W 108th Place S Jenks, OK.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: Prime location with high traffic count, ideal for business success.; Suitable for diverse development: restaurant, medical offices, school, condos, multifamily, etc.; **4.6 acres of land with road frontage on Highway 75 commercial district.**
    (918) 712-2252
    We can help!
    Listing Contact
    Robin M Rosencutter
    Robin M Rosencutter
    Real Estate License ID: 84409
    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
    2907 W 108th Place S, Jenks, OK 74037
    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!