00 E 111th Street is a vacant 5.41-acre parcel located in a highly sought-after suburb in South Tulsa, Oklahoma. The property is currently zoned in the AG Agricultural-Residential District which allows for residential development with agricultural uses for properties with a one-acre minimum lot size. 00 E 111th Street presents a prime opportunity for an investor or owner-user to realize value through future development in a desirable location with strong demand for new construction. Value-add potential exists through re-zoning to include commercial uses such as assisted living, medical, office, retail, and more.
Tulsa highlights a compelling demographic profile surrounding 00 E 111th Street. There are 149,066 residents, 72,957 daytime employees, and 8,362 businesses within a five-mile radius. The average household income is $144,854 within two miles and the total consumer spending exceeds $5.7 billion annually within 10 miles. The top two industries in the city are health care and social assistance and retail trade, employing approximately 30% of the labor force. Tulsa is an ideal city for new development, offering a plethora of resources and support that will engage new and growing businesses in the area.