Technical
Financial
Distress signals
Property profile

2940 Skelly Dr Tulsa, OK 74107

OFF-MARKET
Retail space
Property ID
US69-0321275
3,756 SF 1.65 ac lot Built 1990
Entity Owned 1-yr Hold Free & Clear
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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

Current use

Occupant on record · Public records
  • Discount Store (Bike/Boat/Book/etc) Store

Location

2940 Skelly Dr Tulsa, OK 74107-9007
Tulsa metro Census 6701 TULSA, OK METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$555k
Comparable Approach Comparable
$601k
Blend (final) Blend
$245k

Owner & transaction history

since 2025
Last sale
$495,000
4 recorded transactions
2025
$495,000
2020
Price N/A
2010
$315,000
2010
Price N/A

Zoning & alternative use

CS · Tulsa, OK
Zoning description

CS Commercial Shopping CG Commercial General CH Commercial-High CBD Central Business IL Industrial-Light IM Industrial-Moderate IH Industrial-Heavy Most intensive O, C or I district B. Purposes. 1. General. Office, comme…

General category COMMERCIAL
Top alternative use upside
Medical building $645,000 +57.9%
Auto repair, garage $515,000 +26.0%
Commercial (general) $510,000 +24.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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