Newly Built Strip Mall
For Sale
Contact for pricing
A-11350 E 31st St, Tulsa, OK 74105
New construction offers adaptable space for retail or professional office use.
Property Size10,800 SF
Price / SF$0.31
Days on Market166
Property Features for A-11350 E 31st St
General Information
Standard status
Active
Size
10,800 SF
Taxes and HOA fees
Annual Taxes
$2,707
Listing Agency:
Keller Williams Premier
(918) 283-2252
Listed By:
Sandra Sorber · License #183749
(918) 260-6717
Source:
Exprealty
Added: May 4
Changed: Oct 10
Last Checked: Oct 14 at 11:21PM
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 Keller Williams Premier
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 newly constructed strip mall property includes approximately 1,800 SF suited to retail or professional office use. The space offers a flexible commercial footprint within a recently developed center.
Located at A-11350 E 31st St in Tulsa, Oklahoma, the property is scheduled to become available in September 2026.
Located at A-11350 E 31st St in Tulsa, Oklahoma, the property is scheduled to become available in September 2026.
Key Highlights
- Newly constructed strip mall property
- Approximately 1,800 SF of available space
- Suitable for retail or professional office use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$119,388
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,387,760
$2.4M
Cap Rate 7%
$1,705,543
$1.7M
Cap Rate 9%
$1,326,533
$1.3M
Market Conditions
NOI Build-Up for 10,800 SF
Gross rent
$181.4K $16.80/SF
− Vacancy
−$10.9K −$1.01/SF
EGI
$170.6K $15.79/SF
− OpEx
−$51.2K −$4.74/SF
NOI
$119.4K $11.05/SF
Area
ZIP 74105
Vacancy
6.00%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,387,760
Cap Rate 7%
$1,705,543
Cap Rate 9%
$1,326,533
Alternative Uses
Best Use
Office B
$1.94M
$1.69M – $2.26M
NOI $135,497 @ 7.0% cap · market cap 4,105.97%
Second Best
Retail
$1.71M
$1.49M – $1.99M
NOI $119,388 @ 7.0% cap · market cap 3,617.82%
Theoretical Best
Office A
$2.64M
$2.31M – $3.08M
NOI $185,069 @ 7.0% cap · market cap 5,608.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
380
Businesses Nearby
Explore this area
Business Placement
Demographics for 74105, OK
26,640
Population
14,531
Households
1.8
Avg Household Size
41
Median Age
49%
College-Educated
93%
High-School Grad
7.3 sq mi
ZIP Area
3,649
Density / Sq Mi
$69,864
Median Household Income
$47,580
Median Earnings
$989
Median Rent
$318,500
Median Home Value
Market
Vacancy Rate% for Office in Tulsa, OK
Frequently Asked Questions
What type of property is this?
Strip mall - New construction offers adaptable space for retail or professional office use.
Where is this strip mall located?
The property is located at A-11350 E 31st St Tulsa, OK.
What are key features of this property?
This property features: Newly constructed strip mall property; Approximately 1,800 SF of available space; Suitable for retail or professional office use
