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    Property profile & analytics
    OFF-MARKET Estimated value $540,000
    Retail space

    2940 Skelly Dr, Tulsa, OK 74107-9007

    3,756 SF 1.65 ac lot Built 1990
    Entity Owned 1-yr Hold Free & Clear
    Property ID
    US69-0321275
    Property summary
    AI-generated overview

    This exceptional 3,756 square foot industrial property, situated on a 2.47-acre lot at 2940 W Skelly Drive in Tulsa, Oklahoma, presents a compelling investment opportunity. Built in 1990 and zoned CS (Commercial Services), this versatile building boasts six spacious bay doors, previously utilized as a gas station. Its prime location offers unparalleled visibility and accessibility, situated directly on Skelly Drive and Highway 44, ensuring high traffic exposure and ample opportunities for prominent signage. The large paved lot provides extensive parking and maneuvering space, a significant advantage for businesses requiring ample vehicle access. The property's excellent condition and adaptable layout make it suitable for a variety of commercial uses, including automotive services, light industrial operations, or retail ventures. Its strategic location near major thoroughfares guarantees convenient access for both customers and suppliers. The combination of high visibility, functional design, and ample parking makes this a rare find for entrepreneurs and investors seeking a thriving business location in Tulsa. The property is priced at $700,000.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1990
    Construction STEEL FRAME
    Total area 3,756 SF
    Lot 1.65 ac (71,830 SF)
    Zoning code CS
    APN 19780-92-34-00256
    UPID US69-0321275
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Gray's Jewelry Gun and Pawn Discount Store (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $555k
    Comparable Approach Comparable
    $601k
    Blend (final) Blend
    $540k
    Owner & transaction history
    Ls 2940 LLC · 1 yrs held
    Ls 2940 LLC
    since 2025
    Last sale
    $495,000
    4 recorded transactions
    2025
    $495,000
    2020
    2010
    $315,000
    2010
    Zoning & alternative use
    CS · Tulsa, OK
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Medical building $645,000 +57.9%
    Auto repair, garage $515,000 +26.0%
    Commercial (general) $510,000 +24.9%
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