2705 Skelly Dr Tulsa, OK 74105
This exceptional commercial property presents a unique redevelopment opportunity in a high-traffic Tulsa location. The 46,005-square-foot, three-story office building sits on a 2.93-acre lot (127,608 square feet) and boasts excellent visibility and exposure along I-44 (Skelly Drive). The property features three available spaces ranging from 11,362 to 19,375 square feet, offering flexibility for various uses. The OM zoning allows for multiple potential uses, making it ideal for adaptive reuse or new construction. The building benefits from a newer thermoplastic polyolefin (TPO) roof and enjoys convenient access via the I-44 service road. With over 95,800 cars passing daily, this location offers unparalleled visibility and accessibility. The land is currently leased for $2,000 per month, with over 50 years remaining on the lease. The property is located outside of the flood zone (Zone X), providing additional peace of mind. This is a rare opportunity to acquire a substantial commercial property in a prime Tulsa location with significant redevelopment potential. Specific space sizes include a 15,268 square foot upper floor, a 19,375 square foot middle floor, and an 11,362 square foot lower floor.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.