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    2705 Skelly Dr Tulsa, OK 74105

    For Sale
    $1,600,000

    Prime Tulsa Office, I-44 Visibility

    Property size:
    46,005 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 46,005-square-foot executive office building presents a compelling redevelopment opportunity in a prime Tulsa location. Situated on a 2.93-acre lot (127,608 square feet) along I-44 (Skelly Drive), this property boasts unparalleled visibility and exposure to over 95,800 vehicles daily. The building is zoned OM, offering flexible usage potential. The building is comprised of three floors: 15,268 square feet on the upper level (2705 E Skelly Dr), 19,375 square feet on the middle level (2725 E Skelly Dr), and 11,362 square feet on the lower level (2745 E Skelly Dr). The asking price is $1,600,000 ($34.78 per square foot). The property benefits from convenient I-44 service road access and a newer TPO roof. A significant advantage is the existing 50+ year lease on the land at a cost of $2,000 per month. Furthermore, the location is outside of the flood zone (Zone X). This presents a rare chance to acquire a substantial commercial property with high traffic exposure and significant redevelopment potential in a thriving Tulsa market.

    Property Features for 2705 Skelly Dr

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    46,005 SF
    Lot Size
    127,631 SF

    HighLights

    • 46,005‑square‑foot executive office building redevelopment opportunity in prime Tulsa location.
    • 2.93‑acre lot (127,608 sq ft) on I‑44 (Skelly Drive) with high visibility and daily traffic count exceeding 95,800 vehicles.
    • OM zoning allows flexible usage.
    • Three‑story building with floor areas of 15,268, 19,375, and 11,362 square feet.
    • Asking price: $1,600,000 ($34.78/sq ft).
    • Convenient I‑44 service road access and newer TPO roof.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Tulsa
    County
    Tulsa
    State
    Oklahoma
    Longitude
    -95.9517002
    Latitude
    36.0909436

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Tulsa Office, I-44 Visibility
    Where is this office property / space located?
    The property is located at 2705 Skelly Dr Tulsa, OK.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: 46,005-square-foot executive office building redevelopment opportunity in prime Tulsa location.; 2.93-acre lot (127,608 sq ft) on I-44 (Skelly Drive) with high visibility and daily traffic count exceeding 95,800 vehicles.; OM zoning allows flexible usage.
    (918) 695-4162
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    2705 Skelly Dr Tulsa, OK 74105
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    Tulsa, OK 74105
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    Realmo Value Estimation

    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.

    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.

    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
    2705 Skelly Dr Tulsa, OK 74105
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