Commercial Real Estate Market in Owasso, OK
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
88 active listings and 726 off-market properties in Owasso, OK. Commercial property asks $27/SF to buy and $14.28/SF/Yr to lease.
Market Trends
Owasso, OK spans 50.9 square miles in Tulsa County, Oklahoma. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Owasso, OK asks $173/SF to buy. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Retail
Retail space in Owasso, OK asks $150/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
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%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in Owasso, OK runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
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
Residential Single Family
Commercial Shopping
Public Facilities
Agriculture
Residential Single Family
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.
Residential Single Family (RS-3)
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.
48,776
Population
19,539
Households
2.5
Avg Household Size
37
Median Age
39%
College-Educated
95%
High-School Grad
50.9 sq mi
ZIP Area
957
Density / Sq Mi
$86,897
Median Household Income
$46,956
Median Earnings
$1,218
Median Rent
$261,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Collinsville | — | — |
| Sperry | — | — |
| Turley | — | — |
| Skiatook | — | — |
Commercial property in Owasso, OK asks $27/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Owasso?
Commercial property in Owasso, OK asks an average of $27 per square foot. The 4 most recent recorded sales traded at a median of $130/SF. Office carries the highest asking price at $173/SF.
How much does it cost to lease commercial space in Owasso?
Asking lease rates in Owasso, OK average $14.28 per square foot per year.
What zoning applies to commercial property in Owasso?
Owasso, OK zones 10,362 acres across 17 districts, of which 19.3% is commercial and 3.4% industrial. The largest single district is Residential Single Family at 45.7% of zoned land. 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… Residential zoning covers 60.1% and open space 0%.
Where does Realmo's Owasso market data come from?
Realmo compiles Owasso, OK figures from 6 recent recorded sales, 69 active sale listings, 19 active lease listings, 726 tracked off-market properties, the current Owasso zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 69 active for-sale and 19 active for-lease listings in Owasso, OK. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- 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 August 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 August 2026 · report a data issue
