Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    10800 Delaware Ave Tulsa, OK 74137

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Exceptional 20-acre commercial/residential tract.

    Property Features for 10800 Delaware Ave

    General Information

    Property type
    Land
    Lot Size
    911,275 SF

    We can help!

    Listing Contact
    Nick Lombardi
    Nick Lombardi

    Listing Agency: Frisbie Lombardi Listing Agent: Nick Lombardi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This expansive 20.92-acre parcel presents a unique investment opportunity in Tulsa, Oklahoma. Situated at 10800 S Delaware Ave, this property boasts a strategic location between Riverside and the Arkansas River, just south of the Creek Turnpike, offering convenient access to major transportation routes. The land is zoned CS, allowing for a variety of commercial and residential development possibilities. While the property presents significant potential, prospective buyers should be aware of existing floodplain liability and the River District Overlay which governs development in this area. The lot size is substantial, providing ample space for large-scale projects. The asking price is $2,750,000, translating to approximately $3.00 per square foot. Detailed site plans and zoning information are available upon request. This property is ideal for developers seeking a large-scale project in a rapidly growing area of Tulsa, within Tulsa County, and conveniently located near the 74137 zip code. Serious inquiries only.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Tulsa
    County
    Tulsa
    State
    Oklahoma
    Longitude
    -95.9447962
    Latitude
    36.0068376

    Nearby Similar for Sale

    • $948,000
      7,900 SF

      Tulsa Office/Warehouse on 2 Acres

      7,900 SF office/warehouse on 2 acres with fenced yard.
      1116 S 129 Ave E, Tulsa, OK 74108
      View Details
    • $390,000
      984 SF

      Route 66 Commercial Property

      Remodeled commercial property with frontage on historic Route 66.
      4216 E 11Th St, Tulsa, OK 74112
      View Details
    • $399,000

      Vacant Retail Strip Center

      Retail strip center for sale, totaling 4,240 SF.
      1206 E 58Th St, Tulsa, OK 74105
      View Details
    • New
      $1,250,000
      Pending

      Tulsa Commercial Shop and Office

      Commercial shop and office building with functional layout and strong access.
      6923 E 14Th St, Tulsa, OK 74112
      View Details
    • $795,000

      Renovated Office Building For Sale

      Well-maintained 15-unit office building in prime Tulsa location.
      5553 S Peoria Ave, Tulsa, OK 74105
      View Details
    • $2,600,000

      Tulsa Flex Space with Heavy Power

      38,896 SF flex space with office and warehouse components.
      7700 E 38Th St, Tulsa, OK 74145
      View Details
    • $899,000
      6,500 SF

      6,500 SF Corner Retail Space

      6,500 SF retail and gas station on 1.25 acres.
      3304 West 61St St South, Tulsa, OK 74132
      View Details
    • New
      $475,000
      3,000 SF

      Versatile Building on Acreage

      3,000 sq ft building on 5.32 acres near 51st St.
      8302 W 51St St S, Tulsa, OK 74107
      View Details
    • $1,075,000

      Income-Producing Property with Car Wash

      Income property featuring a car wash and tenant leases.
      10150 E 11Th St, Tulsa, OK 74128
      View Details
    • Contact for pricing
      13,526 SF

      Midtown Tulsa Office Space Available

      Office suites available in Midtown Tulsa location.
      4625 Harvard Ave, Tulsa, OK 74135
      View Details
    • $1,750,000
      24,730 SF

      Retail Space Near Pearl District

      Retail space for sale near the Pearl District and I-244.
      401 S Utica Ave, Tulsa, OK 74104
      View Details
    • New
      $450,000
      Pending

      Prime Tulsa Duplex Near Hospital

      Well-maintained duplex near St. Francis Hospital with strong rental income.
      7356 S Darlington Ave, Tulsa, OK 74136
      View Details

    FAQs

    What type of property is this?
    Land - Exceptional 20-acre commercial/residential tract.
    Where is this land located?
    The property is located at 10800 Delaware Ave Tulsa, OK.
    What is the asking price?
    The asking price for this property is $2,750,000.
    What are key features of this property?
    This property features: 20.92-acre commercial parcel in Tulsa, OK.; Strategically located near Riverside, Arkansas River, and Creek Turnpike.; CS zoning allows for diverse commercial and residential development.
    (918) 344-9904 Call to check price and availability
    Request Owner's contact information
    10800 Delaware Ave Tulsa, OK 74137
    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.
    10800 Delaware Ave
    Tulsa, OK 74137
    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
    10800 Delaware Ave Tulsa, OK 74137
    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

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Nick Lombardi
    Nick Lombardi
    Real Estate License ID: 152277
    (918) 344-9904
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!