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Parker Drilling 8 E 3rd St 61,398 SF Office Building Tulsa, OK 74103 $2,395,000 ($39.01/SF)

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Investment Highlights

  • Art Deco architectural identity located in the heart of downtown Tulsa.
  • Shared access with the adjacent Holarud Building offering cross-building optionality.
  • Positioned in an economically strengthening urban core with strong household incomes.
  • Surrounded by established businesses, civic institutions, and cultural amenities.

Executive Summary

The Parker Building presents a rare opportunity to acquire a ten-story Art Deco asset positioned at one of downtown Tulsa’s most recognizable intersections at 3rd Street and Main. Surrounded by the city’s rapidly evolving urban core, the property sits within walking distance of government offices, emerging residential developments, established businesses, and a growing collection of retail and dining destinations that continue to energize the Tulsa CBD. This irreplaceable location offers inherent long-term value for owners seeking a strategic foothold in one of Oklahoma’s strongest urban submarkets.
Currently in shell condition, the building provides a blank slate for redevelopment, adaptive reuse, or a complete repositioning. Shared floor access with the adjacent Holarud Building enhances vertical circulation and opens the door to creative multi-building programming for investors looking to control a larger downtown footprint. The availability of the neighboring Holarud Building creates the optionality for a combined acquisition strategy capable of supporting office, hospitality, residential, or mixed-use concepts.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
61,398 SF
Building Class
B
Year Built
1929
Price
$2,395,000
Price Per SF
$39.01
Tenancy
Multiple
Building Height
10 Stories
Typical Floor Size
4,901 SF
Slab To Slab
12’
Building FAR
9.63
Lot Size
0.15 AC
Opportunity Zone
Yes
Zoning
CBD

Amenities

  • Bus Line
Walk Score®
Very Walkable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Number
00500-92-01-37280
Land Assessment
$7,078
Improvements Assessment
$178,473
Total Assessment
$185,551
  • Listing ID: 38096811

  • Date on Market: 10/16/2025

  • Last Updated:

  • Address: 8 E 3rd St, Tulsa, OK 74103

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