Multi-Office Commercial
15890 E Pine Street Tulsa, OK 74116
15890 E Pine Street, Tulsa, OK, 74116
$400,000
For Sale
$400,000
COMMERCIAL - Tulsa, OK
Property Size3,164 SF
Lot Size1.15 Acres
Price / SF$126.42
Days on Market268
Property Features for 15890 E Pine Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Zoning
- Commercial
- Security features
- Security System
- Interior features
- Attic Exhaust Fan, Cable TV Wired, Satellite Dish Wired, Security System-Owned, Smoke Detector, Suspended Ceiling
- Exterior features
- Sidewalk, Storage
- Fencing
- Privacy, Chain Link
- Standard status
- Active
- APN
- 660028895
- Size
- 3,164 SF
- Lot size
- 1.15 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- LOTS 1,2,13 & 14 BLOCK 2 HIGHLAND AC II AMD.
- Tax Annual Amount
- 1053
Utilities
- Heating system
- Central, Zoned
- Cooling system
- Central Air, Zoned
Building Details
- Year built
- 1970
- Flooring type
- Carpet, Laminate
- Building materials
- Brick
- Roof type
- Composition
- Additional Structures
- Storage
Listing Agency
Keller Williams Advantage
(918) 712-2252
5100 E Skelly Drive Suite 300, Tulsa, OK
Listed by
Ron Johannesen · License #154835
(918) 712-2252
Added: Oct 24, 2025 Checked: Jul 18 at 11:06 am
MLS# 2544711
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.
This commercial office building provides a practical mix of front- and back-office space, including a reception area, front office and back office, plus 10 smaller office spaces that can also serve as storage rooms. Additional full-sized rooms are supported by a large private area featuring a full kitchen, full bath, and utility room. A separate 1/2 bath is located by the front office. The property includes a 600-amp electrical service with two equipment rooms, an outdoor storage shed with shelving, a 12' x 12' lean-to, and an inground storm shelter.
Set on a 1+ acre lot, the site offers partial privacy fencing and 6' chain link fencing with three chain link gates, including a 16' swing gate and 20' and 24' cantilever gates. Vehicle parking is supported by a rear fenced asphalt parking area of approximately 9,500+/- square feet and an additional gravel lot, with more parking near the front entry.
The building’s layout supports tenant or owner-occupant uses that require a combination of reception, offices, and enclosed utility or storage space, along with convenient site access for vehicles and equipment. With the fenced perimeter, multiple gated entry points, and dedicated electrical capacity, it can be a fit for professional service organizations or operations needing on-site room separation.
Set on a 1+ acre lot, the site offers partial privacy fencing and 6' chain link fencing with three chain link gates, including a 16' swing gate and 20' and 24' cantilever gates. Vehicle parking is supported by a rear fenced asphalt parking area of approximately 9,500+/- square feet and an additional gravel lot, with more parking near the front entry.
The building’s layout supports tenant or owner-occupant uses that require a combination of reception, offices, and enclosed utility or storage space, along with convenient site access for vehicles and equipment. With the fenced perimeter, multiple gated entry points, and dedicated electrical capacity, it can be a fit for professional service organizations or operations needing on-site room separation.
Key Highlights
- 3,164 sq ft (CH) office building built in 1970 with reception, front office, back office, and 10 small office spaces or storage rooms
- Large private area includes a full kitchen, full bath, and utility room, plus a separate 1/2 bath by the front office
- 1+ acre lot with partial privacy fence and 6' chain‑link fencing, including 3 chain‑link gates (16' swing gate, 20' and 24' cantilever gates)
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 | $57.0k | $18.00 |
| − Vacancy | −$8.3k | −$2.61 |
| EGI | $48.7k | $15.39 |
| − OpEx | −$12.2k | −$3.85 |
| NOI | $36.5k | $11.54 |
3,164 SF · lease $18.00/SF/yr · vacancy 14.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$521.7K
$456.5K – $608.7K
NOI $36,520 @ 7.0% cap · market cap 9.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$674.8K
$590.5K – $787.3K
NOI $47,238 @ 7.0% cap · market cap 11.81%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
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FAQs
What type of property is this?
Office building - Office building with reception, multiple private offices, full kitchen, and fenced parking for flexible back-office operations.
Where is this office building located?
The property is located at 15890 E Pine Street Tulsa, OK.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 3,164 sq ft (CH) office building built in 1970 with reception, front office, back office, and 10 small office spaces or storage rooms; Large private area includes a full kitchen, full bath, and utility room, plus a separate 1/2 bath by the front office; 1+ acre lot with partial privacy fence and 6' chain‑link fencing, including 3 chain‑link gates (16' swing gate, 20' and 24' cantilever gates)
