Commercial Real Estate Market in Owasso, OK
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
27 active listings and 726 off-market properties in Owasso, OK. Commercial property asks $252/SF to buy (based on 4 listings) and $11.00/SF/Yr to lease.
Market Trends
Owasso, OK spans 50.9 square miles in Tulsa County, Oklahoma. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Owasso, OK runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail vacancy in Owasso, OK runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Owasso, OK runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Multifamily
Multifamily vacancy in Owasso, OK runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 60.1%
- Commercial 19.3%
- Civic 9.8%
- Agricultural 7%
- Industrial 3.4%
- Mixed use 0.5%
Largest Zones share of zoned land by district
Owasso, OK zones 10,362 acres across 17 districts. Commercial zoning covers 19.3% of zoned land, residential 60.1% and industrial 3.4%. The largest single district is Residential Single Family at 45.7%. For commercial buyers the practical constraint is that only 22.7% of land carries a commercial or industrial designation.
RS-3 Residential Single-Family High Density RD Residential Duplex RNX Residential Neighborhood Mixed RM Residential Multi-Family RMH Residential Mobile Home Park (Legacy) O Office CS Commercial Shopping CG Commercial General (Legacy) CH Commercial High Intensity (Legacy) IL Industrial Light, Research and Development IM Industrial Moderate IH Industrial Heavy…
Market overview
Demographics & Economy
Owasso, OK has 48,776 residents in 19,539 households. Density runs 957 people per square mile. Median household income here is $86,897 and median gross rent $1,218 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Owasso?
How much does it cost to lease commercial space in Owasso?
What zoning applies to commercial property in Owasso?
Where does Realmo's Owasso market data come from?
Methodology & data sources
- Asking prices and medians
- There are 6 active for-sale and 21 active for-lease listings in Owasso, OK. The medians are based on 4 of the for-sale and 10 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 10,362 zoned acres across 17 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 October 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 October 2026 · How Realmo checks market page data · Report a data issue
