Flex Space with Loading
New
For Sale
$430,000
8302 W 51st Street, Tulsa, OK 74107
Vacant Land, Tulsa, OK
Property Size3,000 SF
Lot Size5.32 Acres
Price / SF$143.33
Days on Market2
Property Features for 8302 W 51st Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
AG
Fencing
Chain Link
Subdivision
Tulsa Co Unplatted
Elementary school district
Tulsa - Sch Dist (1)
Middle school district
Tulsa - Sch Dist (1)
High school district
Tulsa - Sch Dist (1)
Directions
POB I-244 West towards OKC, exit 1-B for 51st street, proceed west on 51st street 2.6 miles.
Standard status
Active
APN
99125-91-25-28010 and 99230-92-30-11890
Lot size
5.32 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
BEG SECR SE TH N299.22 NW38.39 WLY CRV LF 214.36 CRV LF 196.56 SW84.69 WLY CRV RT 369.06 SW8.93 S4.69 E835.29 POB LESS PRT S1320 E839.29 SE SE BEG 672.53W SECR SE TH N37.49 SWLY CRV RT 157.73 SW8.93 S4.69 E162.76 POB SEC 25 19 11 & PRT N/2 NW NE NE & NW NE NE NE BEG 672.53W NEC NE TH S24.75 E344.15 N24.75 W343.89 POB SEC 36 19 11 3.46ACS
Tax Annual Amount
4574
Legal Description
BEG SECR SE TH N299.22 NW38.39 WLY CRV LF 214.36 CRV LF 196.56 SW84.69 WLY CRV RT 369.06 SW8.93 S4.69 E835.29 POB LESS PRT S1320 E839.29 SE SE BEG 672.53W SECR SE TH N37.49 SWLY CRV RT 157.73 SW8.93 S4.69 E162.76 POB SEC 25 19 11 & PRT N/2 NW NE NE & NW NE NE NE BEG 672.53W NEC NE TH S24.75 E344.15 N24.75 W343.89 POB SEC 36 19 11 3.46ACS
Amenities
mini-split cooling units
gas heating unit
finished office/check-in area
covered front porch
Listing Agency:
Chinowth & Cohen
(918) 943-3009
Listed By:
John Gibson Miller
(918) 277-1546
Added: Oct 15
Last Checked: Oct 16 at 4:06AM
MLS# 2637679
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.
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.
Set on 5.316 acres, this 3,000-square-foot metal building has an open-span interior, reinforced concrete floors, and exposed wood trusses. Two 14-foot overhead doors provide access for trucks, trailers, and equipment. A finished office and check-in area, plus a covered front porch, complete the interior and entry configuration.
The building includes two mini-split cooling units and a separate gas heating unit. Service includes 400-amp electrical capacity and a commercial gas line; water is available at the west property line, and rural water is also available. The property is zoned AG, with exceptions for educational use and a farmers market.
The building includes two mini-split cooling units and a separate gas heating unit. Service includes 400-amp electrical capacity and a commercial gas line; water is available at the west property line, and rural water is also available. The property is zoned AG, with exceptions for educational use and a farmers market.
Key Highlights
- 3,000‑square‑foot metal building on 5.316 acres
- Open‑span interior with reinforced concrete floors and exposed wood trusses
- Two 14‑foot overhead loading doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,512
Cap Rate
4.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$350,240
$350.2K
Cap Rate 7%
$250,171
$250.2K
Cap Rate 9%
$194,578
$194.6K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$21.2K $7.08/SF
− Vacancy
−$637 −$0.21/SF
EGI
$20.6K $6.87/SF
− OpEx
−$3.1K −$1.03/SF
NOI
$17.5K $5.84/SF
Area
Tulsa, OK
Vacancy
3.00%
Lease Rate
$7.08 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$350,240
Cap Rate 7%
$250,171
Cap Rate 9%
$194,578
Alternative Uses
Best Use
Warehouse
$250.2K
$218.9K – $291.9K
NOI $17,512 @ 7.0% cap · market cap 4.07%
Second Best
Flex RnD
$222.3K
$194.5K – $259.4K
NOI $15,561 @ 7.0% cap · market cap 3.62%
Theoretical Best
Office A
$639.9K
$559.9K – $746.5K
NOI $44,790 @ 7.0% cap · market cap 10.42%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Drive-in doors
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
36
Businesses Nearby
Well-served
Demand for This Use
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Tulsa, OK
Frequently Asked Questions
What type of property is this?
Flex space - An open-span metal building combines a finished check-in area with truck-accessible overhead doors.
Where is this flex space located?
The property is located at 8302 W 51st Street Tulsa, OK.
What is the asking price?
The asking price for this property is $430,000.
What are key features of this property?
This property features: 3,000‑square‑foot metal building on 5.316 acres; Open‑span interior with reinforced concrete floors and exposed wood trusses; Two 14‑foot overhead loading doors
