Two-Building Industrial
3705 W Skelly Dr, Tulsa, OK 74107
For Sale
Contact for pricing
The property combines industrial space with office area and heavy three-phase power for manufacturing and related operations.
Property Size22,400 SF
Price / SF$125
Days on Market29
Property Features for 3705 W Skelly Dr
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Highway Access
Warehouse & Industrial
Office Build-Out
Three-Phase Power
Heavy Power
Building Details
Year Built
Year Renovated
Buildings
Listing Agency:
McGraw Commercial Properties
Listed By:
Neil Dailey, SIOR · License #OK 145000
(918) 853-7337
Source:
Crexi
Added: Oct 12
Changed: Nov 8
Last Checked: Nov 8 at 5:55PM
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 Commercial Properties
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Investment Insights
Based on property information with market context.
The RedBird Industrial Complex comprises two buildings totaling 22,400 SF. A 6,400 SF white-box office area is available for tenant-specific finish work. The property was built in 1986 and renovated in 2026, and includes heavy three-phase power.
At 3705 W Skelly Dr in Tulsa, the complex lies along the I-44 corridor, east of the I-44 and I-244 interchange. The stated access connections include downtown Tulsa, the Turner Turnpike, and Tulsa International Airport.
At 3705 W Skelly Dr in Tulsa, the complex lies along the I-44 corridor, east of the I-44 and I-244 interchange. The stated access connections include downtown Tulsa, the Turner Turnpike, and Tulsa International Airport.
Key Highlights
- 22,400 SF across two industrial buildings
- 6,400 SF of white‑box office space ready for finish work
- Heavy three‑phase power
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$107,684
Cap Rate
3.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,153,680
$2.2M
Cap Rate 7%
$1,538,343
$1.5M
Cap Rate 9%
$1,196,489
$1.2M
Market Conditions
NOI Build-Up for 22,400 SF
Gross rent
$158.6K $7.08/SF
− Vacancy
−$4.8K −$0.21/SF
EGI
$153.8K $6.87/SF
− OpEx
−$46.2K −$2.06/SF
NOI
$107.7K $4.81/SF
Area
Tulsa, OK
Vacancy
3.00%
Lease Rate
$7.08 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,153,680
Cap Rate 7%
$1,538,343
Cap Rate 9%
$1,196,489
Alternative Uses
Best Use
Industrial
$1.54M
$1.35M – $1.79M
NOI $107,684 @ 7.0% cap · market cap 3.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.78M
$4.18M – $5.57M
NOI $334,430 @ 7.0% cap · market cap 11.94%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Heavy power
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
185
Businesses Nearby
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Business Placement
Demographics for 74107, OK
19,453
Population
8,566
Households
2.3
Avg Household Size
36
Median Age
20%
College-Educated
86%
High-School Grad
25.4 sq mi
ZIP Area
766
Density / Sq Mi
$53,098
Median Household Income
$36,274
Median Earnings
$938
Median Rent
$124,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Industrial properties in Tulsa, OK
Properties on Market for Industrial properties in Tulsa
Vacancy Rate% for Industrial in Tulsa, OK
Frequently Asked Questions
What type of property is this?
Industrial property - The property combines industrial space with office area and heavy three-phase power for manufacturing and related operations.
Where is this industrial property located?
The property is located at 3705 W Skelly Dr Tulsa, OK.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: 22,400 SF across two industrial buildings; 6,400 SF of white‑box office space ready for finish work; Heavy three‑phase power
