Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3309 Yale Ave Tulsa, OK 74135-8011
    Back to Search
    Property profile & analytics

    3309 Yale Ave Tulsa, OK 74135-8011

    View on Map
    • Commercial land
    • 2,084 SF
    • 0.26 lot acres
    Off-Market
    Last Sale Oct 28, 2021
    $275,000
    Property ID
    US69-0035417
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Greenwood Midwifery / Midwife
    • Innate Wellness / Gym & Fitness Center / Alternative Medicine Practice
    • Brandi Corey, LM, CPM / Midwife
    • Massage Time / Alternative Medicine Practice / Spa & Massage Center
    • Massage By Thomas / Alternative Medicine Practice / Spa & Massage Center

    Property Details for 3309 Yale Ave

    Year built
    1940
    Construction
    WOOD FRAME
    Lot size
    0.26 lot acres
    Property size
    2,084 SF
    Zone code
    RM1
    Property type
    Commercial land
    APN
    50025-93-22-08010
    APU
    50025932208010

    Description

    This exceptional 2,084 square foot office building, situated on a 0.26-acre lot at 3309 S Yale Avenue, Unit 3309 in Tulsa, Oklahoma, presents a unique investment opportunity. Boasting a prime location with high visibility due to 30,000 daily vehicles passing on Yale Avenue, this property is ideal for a diverse range of businesses. The building itself has undergone recent updates, featuring three private offices, a well-equipped kitchen, a comfortable common area, and a convenient bathroom. A newly installed oversized steel sign ensures maximum brand exposure. Adding to its versatility, the rear of the building includes a completely remodeled apartment. This apartment offers a bedroom with a fireplace, a full bathroom, laundry hookups, and a modern kitchen complete with quartz countertops. The property's combination of commercial office space and a residential apartment provides significant flexibility and potential rental income streams. The asking price for this remarkable property is $310,000. This is a rare opportunity to acquire a well-maintained, high-traffic commercial property with added residential potential in a thriving Tulsa location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Tulsa
    County
    Tulsa
    State
    Oklahoma
    Longitude
    -95.922
    Latitude
    36.1146
    CBSA code
    46140
    CBSA name
    TULSA, OK METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,061
    $7,425
    $22,825
    $30,250
    -
    $67,500
    $207,500
    $275,000

    Comparable in this City

    • Value Estimation by Request
      0.52 Acres

      4442 Harvard Ave

      VACANT COMMERCIAL LAND • 0.52 Acres
      4442 Harvard Ave, Tulsa, OK 74135-2605
      View Details
    • Value Estimation by Request
      0.86 Acres

      4415 Harvard Ave

      VACANT COMMERCIAL LAND • 0.86 Acres
      4415 Harvard Ave, Tulsa, OK 74135-2620
      View Details
    • Value Estimation by Request
      1.05 Acres

      5304 Louisville Ave

      VACANT COMMERCIAL LAND • 1.05 Acres
      5304 Louisville Ave, Tulsa, OK 74135-3814
      View Details
    • Value Estimation by Request
      0.14 Acres

      3547 31st St

      VACANT COMMERCIAL LAND • 2,312 SF
      3547 31st St, Tulsa, OK 74135-1504
      View Details
    • Value Estimation
      $1,805,000
      0.19 Acres

      5810 Skelly Dr, Unit 11

      VACANT COMMERCIAL LAND • 96,101 SF
      5810 Skelly Dr, Tulsa, OK 74135-6420
      View Details
    • Value Estimation
      $3,265,000
      0.08 Acres

      4646 Fulton Ave

      VACANT COMMERCIAL LAND • 0.08 Acres
      4646 Fulton Ave, Tulsa, OK 74135-6717
      View Details

    Similar Nearby for Sale

    • $151,000
      0.49 Acres

      Vacant Lot in Central Tulsa

      Ready-to-build lot near shopping, dining, and schools.
      5427 E 32Nd Pl, Tulsa, OK 74135
      View Details
    • Contact for pricing
      13,160 SF

      Retail Property in Midtown Tulsa

      Renovated, fully occupied retail property in a high-traffic Tulsa corridor.
      3701 S Harvard Ave, Tulsa, OK 74135
      View Details
    • $7,745,000
      88,023 SF

      Tulsa Retail Investment Opportunity

      Retail property with ground lease and restaurant pad included.
      3103 South Harvard Ave, Tulsa, OK 74135
      View Details
    • Contact for pricing
      2,130 SF

      Well-Maintained Retail Building For Sale

      2,130 SF retail building on 0.71 acre site.
      6116 W 41St St, Tulsa, OK 74135
      View Details
    • Contact for pricing
      575 SF

      Tulsa Office Building For Sale

      18,219 SF office building available in Tulsa, Oklahoma.
      4325 E 51St St, Tulsa, OK 74135
      View Details
    • Contact for pricing
      2,795 SF

      New Freddy’s Restaurant For Sale

      New Freddy’s restaurant with drive-thru, opening August 2025.
      5119 E 51St St, Tulsa, OK 74135
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      15,000 SF

      1,400 SF-15,000 SF Southroads Village Shopping Center - 5321-5355 E. 41st Street

      1,400 SF-15,000 SF Southroads Village Shopping Center - 5321-5355 E. 41st Street
      5321-5355 E. 41st Street, Tulsa, OK 74135
      View Details
    • Contact for pricing

      Office Space Available For Lease

      Office space for lease at 3336 East 32nd Street.
      3336 East 32Nd St, Tulsa, OK 74135
      View Details
    • Contact for pricing

      Retail Spaces Available For Rent

      Retail spaces available, ranging from 1,200 to 4,409 SqFt.
      5300 E Skelly Dr, Tulsa, OK 74135
      View Details
    • Contact for pricing

      Class A Office Building

      Ten-story office building with parking garage and highway access.
      5100 E Skelly Dr, Tulsa, OK 74135
      View Details
    • Contact for pricing

      5505-5667 East 41st St, Tulsa, OK 74135

      Retail space
      5505-5667 East 41St St, Tulsa, OK 74135
      View Details
    • Contact for pricing

      Neighborhood Retail Center For Lease

      Retail spaces available in updated neighborhood center.
      3100 S Jamestown Ave, Tulsa, OK 74135
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3309 Yale Ave
    Tulsa, OK 74135-8011
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3309 Yale Ave, Tulsa, OK, 74135
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!