Historic Route 66 Commercial
For Sale
$1,175,000
3314 East 11th Street, Tulsa, OK 74112
Exceptional commercial opportunity in the heart of Tulsa on Route 66.
Property Size6,132 SF
Lot Size0.46 Acres
Price / SF$191.62
Days on Market218
Property Features for 3314 East 11th Street
General Information
Standard status
Active
Size
6,132 SF
Lot size
0.46 Acres
Property subtype
Retail
Listed By:
Jamie Hill
(918) 392-7206
Source:
Cbre
Added: Mar 25
Changed: Oct 26
Last Checked: Oct 28 at 4:49AM
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 Jamie Hill
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This commercial property, situated in the heart of Tulsa, the officially designated Capital of Route 66, presents an exceptional opportunity. Constructed in 1930, the building was occupied by Safeway as early as 1951 and stands as a rare surviving example of the mid-sized commercial architecture that defined 11th Street’s history during the golden age of American travel. The property benefits from its location in a vibrant, high-traffic corridor that attracts both international tourism and consistent local commerce. The building offers 6,132 square feet on a 0.46-acre lot. It features full climate control, 17-foot sidewalls, a wet sprinkler system, and Commercial Heavy zoning. Additional features include extensive wrought iron fencing, two ADA restrooms, and 23 parking spaces. The property's historic pedigree, combined with its prominent frontage on 11th Street / HWY 66, provides an exceptional foundation for a variety of adaptive reuse or investment ventures.
Key Highlights
- Historic Route 66 Frontage in the Capital of Route 66
- High‑Traffic Location attracting Tourists and Local Commerce
- 6,132± SF Building on 0.46± Acres
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$59,029
Cap Rate
5.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,180,580
$1.2M
Cap Rate 7%
$843,271
$843.3K
Cap Rate 9%
$655,878
$655.9K
Market Conditions
NOI Build-Up for 6,132 SF
Gross rent
$88.3K $14.40/SF
− Vacancy
−$4.0K −$0.65/SF
EGI
$84.3K $13.75/SF
− OpEx
−$25.3K −$4.13/SF
NOI
$59.0K $9.63/SF
Area
Tulsa, OK
Vacancy
4.50%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,180,580
Cap Rate 7%
$843,271
Cap Rate 9%
$655,878
Alternative Uses
Best Use
Retail
$843.3K
$737.9K – $983.8K
NOI $59,029 @ 7.0% cap · market cap 5.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.31M
$1.14M – $1.53M
NOI $91,550 @ 7.0% cap · market cap 7.79%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
703
Businesses Nearby
80k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 89%
Shops & Services 11%
McDonald's
Dining
24,538 visits/mo
0.3 miles
Taco Bell
Dining
11,243 visits/mo
0.2 miles
Taco Bueno
Dining
9,827 visits/mo
0.5 miles
Burger King
Dining
8,879 visits/mo
0.0 miles
Arby's
Dining
6,383 visits/mo
0.4 miles
Demographics for 74112, OK
20,810
Population
10,524
Households
2
Avg Household Size
38
Median Age
27%
College-Educated
87%
High-School Grad
6.8 sq mi
ZIP Area
3,060
Density / Sq Mi
$55,848
Median Household Income
$37,151
Median Earnings
$1,024
Median Rent
$149,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Tulsa, OK
Frequently Asked Questions
What type of property is this?
Storefront property - Exceptional commercial opportunity in the heart of Tulsa on Route 66.
Where is this storefront property located?
The property is located at 3314 East 11th Street Tulsa, OK.
What is the asking price?
The asking price for this property is $1,175,000.
What are key features of this property?
This property features: Historic Route 66 Frontage in the Capital of Route 66; High‑Traffic Location attracting Tourists and Local Commerce; 6,132± SF Building on 0.46± Acres
