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Office Building with Paved Parking

11710 S Memorial Drive Bixby, OK 74008

11710 S Memorial Drive, Bixby, OK, 74008
$2,600,000
For Sale
$2,600,000

COMMERCIAL - Bixby, OK

Property Size9,870 SF
Lot Size2.48 Acres
Price / SF$263.42
Days on Market198

Property Features for 11710 S Memorial Drive

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
RS1
Interior features
High Speed Internet, Mini-Kitchen, Smoke Detector, Vaulted Ceiling
Exterior features
Pole Sign, Sidewalk
Fencing
Chain Link
Standard status
Active
APN
57875-83-35-00900
Size
9,870 SF
Lot size
2.48 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
LTS 1 THRU 4 LESS E10 LT 1 & VAC 117 PL ADJ ON N THEREOF BLK 7

Building Details

Year built
2007
Flooring type
Carpet, Tile
Building materials
Steel
Roof type
Metal
Listing agency RE/MAX Results
Listed by Dara Sullivan · License #172173
Added: Jan 5 Updated: Jul 9 at 2:39AM Checked: Jul 22 at 10:06AM
MLS# 2551032

Copyright © 2026 MLS Technology, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

Office building offered for sale on 2.48 acres. The property includes paved parking for approximately 64 spaces and provides two entrances. The building totals 9,870 square feet per CH and features a full metal roof, a large kitchen, and 15 office/classroom spaces, along with storage shed, chain link fence, and a garden shed.

The site has Memorial frontage and is described as being within a half mile of a retail corridor at 111th & Memorial. Zoning is RS1.

The current interior configuration supports a mix of work and instructional-style rooms, with the seller noting the space could be adapted for uses such as a conference center, private school, or office sharing. Call for a private showing.

Key Highlights

  • 2.48 acres with Memorial frontage and 2 entrances near the 111th & Memorial retail corridor
  • 9,870 SF steel building with a full metal roof (per CH) built in 2007
  • Paved parking with room for 64 spaces

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $184.8k $18.72
− Vacancy −$22.5k −$2.28
EGI $162.2k $16.44
− OpEx −$40.6k −$4.11
NOI $121.7k $12.33
9,870 SF · lease $18.72/SF/yr · vacancy 12.20% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.74M
$1.52M – $2.03M (±1% cap)
NOI $121,669 @ 7.0% cap · market cap 4.68%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.22M
$1.95M – $2.60M (±1% cap)
NOI $155,710 @ 7.0% cap · market cap 5.99%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

North Heights Church ... Church

Suggested Use

Law Firm HVAC Service (Bike/Boat/Book/etc) Store Barber Shop Grocery & Convenience Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Accounting Firm Hotel & Motel

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office building - Office building on 2.48 acres with paved parking for 64 spaces, full metal roof, and multiple office/classroom rooms.
Where is this office building located?
The property is located at 11710 S Memorial Drive Bixby, OK.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: 2.48 acres with Memorial frontage and 2 entrances near the 111th & Memorial retail corridor; 9,870 SF steel building with a full metal roof (per CH) built in 2007; Paved parking with room for 64 spaces
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