Tulsa, OK
Commercial Real Estate Market Trends & Data

$265 Avg asking sale price
$84 Avg asking lease rate
23,847 SF Avg unit lease size
37,507 SF Avg building size for sale
7.37% Average cap rate

Tulsa's Demographic Profile

Tulsa has 176,605 households and a median income of $52,193, providing context for rent absorption and tenant demand across retail and multifamily assets. A +3% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 424,414
# Households 176,605
Median age 37
Median household income $52,193
Avg household size 2.0
Renter-occupied housing units 88,692
5-year population change +3%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Tulsa, OK

↻ Updated Monthly

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Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Tulsa $101 59,518 SF 8.81%
Owasso $156 278,526 SF 8.81%
Broken Arrow $149 12,429 SF 12.00%
Nearby Retail Markets Avg Cost/SF Typical Size
Tulsa $325 16,345 SF
Owasso $208 35,877 SF
Catoosa $209 2,979 SF
Jenks $1,250 3,016 SF
Broken Arrow $377 20,084 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Tulsa $129 65,046 SF 9.33%
Sapulpa $175 84,012 SF 7.35%
Claremore $201 8,960 SF 6.50%
Perkins $222 23,600 SF 5.12%

Commercial Properties For Sale in Tulsa

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Stone Wood Hills

Broken Arrow, OK

  • Lots
  • Price Upon Request
For Sale

Village At Stone Wood Hills Retail I

Broken Arrow, OK

  • Retail Building
  • $11,700,000
For Sale

2300 E Kenosha St

Broken Arrow, OK 74012

  • 110,000 SF Retail Building
  • $18,000,000
For Sale

11980 N 145th East Ave

Collinsville, OK 74021

  • 28 AC Lot
  • 1 Agricultural Lot
  • $1,829,520
For Sale

122 N Main St

Sand Springs, OK 74063

  • 3,360 SF Retail Building
  • $450,000
For Sale

Cox Center

Sand Springs, OK 74063

  • 15,000 SF Retail Building
  • $1,179,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

How Investors Evaluate Commercial Real Estate Markets

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Understand how accelerated depreciation works, which method fits your deal, and how to avoid the tax pitfalls that catch most investors off guard.

Nearby Commercial Markets

Comparing nearby markets helps investors see whether Tulsa pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Tulsa $265 37,507 SF
Owasso $221 131,448 SF
Catoosa $265 15,082 SF
Jenks $861 4,033 SF
Sperry $295 10,501 SF

Regional Demographic Comparison

This comparison places Tulsa alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Tulsa or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Tulsa 424,414 176,605 37 $52,193 2 88,692 3%
Owasso 35,185 13,225 36 $72,199 3 4,476 3%
Catoosa 7,853 3,094 39 $63,914 3 1,109 10%
Jenks 26,723 9,033 36 $96,306 3 2,053 4%
Sperry 742 287 38 $45,833 3 96 -8%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Tulsa, OK and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Tulsa

View All Commercial Real Estate For Sale in Tulsa
Is Tulsa a good market for a first-time commercial real estate investor?

Tulsa offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Tulsa?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Tulsa. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Tulsa?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Tulsa. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Tulsa compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Tulsa. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Tulsa acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Tulsa, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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