2323 S Harvard Ave - Hospitals FOR SALE


Tulsa, OK 74114- Midtown Tulsa
$7,500,000 USD
918-359-6030
2323 S Harvard Ave, Tulsa, OK for Sale
$7,500,000 USD
Hospitals - FOR SALE
1/15
null | Request Cap Rate

2323 S Harvard Ave
Tulsa, OK 74114
Midtown Tulsa


HIGHLIGHTS

  • Medicare/Medicaid approved
  • Approximately 30% of the building is currently occupied
  • Property is zoned for multi-family development
  • Positioned along South Harvard Avenue
  • Large ±6.6-acre site
  • Central Tulsa location provides access to major arterial routes

OVERVIEW

Doctor's Hospital Property presents an opportunity to acquire a large institutional medical facility in central Tulsa with existing occupancy, healthcare infrastructure, and significant future repositioning potential. Offered fee simple, the property consists of approximately 174,239 square feet situated on approximately 6.6 acres along South Harvard Avenue, a well-established commercial corridor serving Midtown and Central Tulsa. Currently occupied in part by Tulsa Center for Behavioral Health, the property maintains approximately 30% occupancy, including 56 beds, while leaving substantial portions of the facility available for future utilization. The existing medical use approval, combined with multifamily zoning, provides flexibility for a variety of ownership strategies, including continued healthcare operations, institutional occupancy, redevelopment, adaptive reuse, or a phased mixed-use approach subject to buyer due diligence and applicable approvals. The property's central Tulsa location offers convenient access to Downtown Tulsa, Midtown, and major employment centers throughout the metropolitan area. South Harvard Avenue carries approximately 24,000 vehicles per day, while the nearby Broken Arrow Expressway serves approximately 109,000 vehicles per day, supporting regional connectivity and visibility. Surrounding land uses include residential neighborhoods, medical providers, professional offices, and retail services that support healthcare and institutional operations. Additional attributes include ADA compliance, 172 parking spaces, multiple building configurations, and architect-prepared life safety plans documenting exit paths, rated wall separations, and emergency egress throughout the facility. The combination of existing occupancy, medical infrastructure, redevelopment flexibility, and a sizable central Tulsa site positions the property for a range of investment and operational objectives.

FOR SALE DETAILS

PRICE

$7,500,000 USD

PRICE/SF

$43 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Doctor's Hospital

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Hospitals

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

207

LAND DETAILS

LAND ACRES

6.6 AC

LAND SF

287,496 SF

ZONING

MULTI-FAMILY (OM MEDICAL

APN/PARCEL ID

99316-93-16-20420

ASK ABOUT THIS PROPERTY

Jim StephensJames P. Stephens, LLCMore Info
918-359-6030

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Jim StephensJames P. Stephens, LLCMore Info
918-359-6030

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.