S Memorial dr
Tulsa, OK 74112
2.26 Acres | S Memorial Dr · Land For Sale · 2.26 AC

This exceptional 2.26-acre rectangular lot, spanning approximately 98,445 square feet, is strategically positioned at the high-traffic intersection of E 12th Street and S Memorial Drive in Tulsa's dynamic Mingo Valley neighborhood. It presents a versatile canvas for retail, office, mixed-use, or storage developments, contractor storage or a car dealership capitalizing on the area's robust commercial corridor. The lot's clean rectangular layout facilitates efficient site planning and construction. A seasonal creek gracefully traverses the front one-third, serving as a natural divider that enhances aesthetic appeal while maintaining usability—ideal for creative landscaping, entry features, permeable parking. The rear two-thirds provides a level, contiguous expanse primed for primary building footprints, offering seamless scalability for expansive projects. Municipal utilities—including water, sewer, electricity, and natural gas—are readily accessible at or near the property boundaries, streamlining development and reducing hookup expenses. Dual frontage ensures superior visibility and ingress/egress, with a nearby signalized intersection for smooth traffic flow. Proximity to Interstate 44 (under 1 mile), Tulsa International Airport (5-10 minute drive), Woodland Hills Mall, and major retailers like Walmart positions it for high foot and vehicle traffic. Priced at $75,000, this rare urban acreage opportunity in a growing Tulsa market (with 1.2% annual metro population growth) delivers strong value at roughly $33,000 per acre, well below comparables ($25K-$40K/acre for similar sites). Note: This is a lender-controlled transaction requiring seller's lender approval via a Purchase and Sale Agreement (PSA), with a typical 30-60 day processing period. Property access is restricted—contact the listing agent (Dakota Owen at SVN | Oak Realty Advisors) for viewings. Sold "as-is"; buyer due diligence recommended.