New Strip Center
For Sale
Contact for pricing
C-11350 E 31st St, Tulsa, OK 74105
New retail or office space available September 2026.
Property Size10,800 SF
Price / SF$0.31
Days on Market169
Property Features for C-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 15
Last Checked: Oct 16 at 11:18AM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This newly built strip center offers approximately 1,800 square feet of flexible retail or office space. The property is located in a diverse and growing community, providing excellent visibility and an opportunity to establish a presence in a modern development. The location benefits from steady foot traffic and visibility. The space is ideal for a variety of retail or professional office uses and will be available in September 2026.
Key Highlights
- Newly built strip center offering flexible retail or office space.
- Excellent visibility for your business.
- Located in a diverse and growing community.
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
Retail
$1.71M
$1.49M – $1.99M
NOI $119,388 @ 7.0% cap · market cap 3,617.82%
Second Best
—
—
no second resolved use
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
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Open 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Tulsa, OK
Frequently Asked Questions
What type of property is this?
Strip mall - New retail or office space available September 2026.
Where is this strip mall located?
The property is located at C-11350 E 31st St Tulsa, OK.
What are key features of this property?
This property features: Newly built strip center offering flexible retail or office space.; Excellent visibility for your business.; Located in a diverse and growing community.
