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Remodeled Office Building with Parking
For Sale
$435,000

4940 E 73rd Street, Tulsa, OK 74136

COMMERCIAL - Tulsa, OK

Property Size2,987 SF
Lot Size0.31 Acres
Price / SF$145.63
Days on Market47

Property Features for 4940 E 73rd Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning SFR
Security features Security System
Interior features Equipment Remarks, High Speed Internet, Inventory Remarks, Mini-Kitchen, Security System-Owned
Exterior features Door Sign, Pole Sign, Storage
Fencing Privacy
Subdivision Nob Hill
Elementary school district Tulsa - Sch Dist (1)
Middle school district Tulsa - Sch Dist (1)
High school district Tulsa - Sch Dist (1)
Directions From Yale & 71st , turn South on Yale, East on to 73rd.
Standard status Active
APN 29260-83-10-11040
Size 2,987 SF
Lot size 0.31 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description PRT LT 8 BEG SECR TH W5101 NW236.45 NE28.53 SE244.20.S4
Tax Annual Amount 2184
Legal Description PRT LT 8 BEG SECR TH W5101 NW236.45 NE28.53 SE244.20.S4

Utilities

Heating system Central
Cooling system Central Air

Building Details

Year built 1980
Flooring type Laminate, Tile
Building materials Frame
Roof type Composition
Additional Structures Storage
Listing Agency: Chinowth & Cohen
Listed By: Stephanie Wilson
Added: Jun 18 Changed: Jul 27 Last Checked: Aug 3 at 2:06AM
MLS# 2622265

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 remodeled office building is configured for flexible use and currently set up with 5 private offices and a meeting room, with an alternative layout option of a reception area plus 4 offices and a meeting room. The interior includes 3 full bathrooms with upgraded granite and marble countertops, a full kitchen, and abundant storage throughout. Existing improvements include 12 computer workstations with Cat 5 cabling and 8 surveillance cameras. The property also includes 7 dedicated parking spaces.

The building includes multiple secure areas: two offices and one full bathroom have a separate entrance and can be secured independently. It is currently operating as Quality PC, a computer repair and integration business, and computer equipment, servers, and most existing inventory may convey with an acceptable offer. Please note the square footage listed in tax records is incorrect.

The property has been extensively remodeled with upgraded finishes and is described as well-suited for professional, medical, service, or retail uses, with the existing infrastructure supporting technology-focused operations.

Key Highlights

  • Extensively remodeled office building with flexible layout: 5 private offices + meeting room or reception + 4 offices + meeting room
  • 3 full bathrooms with upgraded granite countertops and marble countertops throughout, plus a full kitchen
  • Includes computer/integration infrastructure: 12 workstations with Cat 5 cabling throughout

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 $59.9k $20.04
− Vacancy −$8.1k −$2.73
EGI $51.7k $17.31
− OpEx −$12.9k −$4.33
NOI $38.8k $12.99
2,987 SF · lease $20.04/SF/yr · vacancy 13.60% · expense 25.00%

Alternative Uses

Best Use
Office B
$554.1K
$484.9K – $646.5K (±1% cap)
NOI $38,789 @ 7.0% cap · market cap 8.92%
Second Best
Healthcare Medical
$508.8K
$445.2K – $593.6K (±1% cap)
NOI $35,615 @ 7.0% cap · market cap 8.19%
Theoretical Best
Office A
$647.7K
$566.7K – $755.7K (±1% cap)
NOI $45,339 @ 7.0% cap · market cap 10.42%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Quality PC IT Consulting Firm

Suggested Use

Top Pick Building Supply Restaurant Auto Parts Store Big Box & Wholesale Store HVAC Service Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Office units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,103
Businesses Nearby

Demographics for 74136, OK

30,416
Population
16,375
Households
1.9
Avg Household Size
38
Median Age
38%
College-Educated
91%
High-School Grad
7.7 sq mi
ZIP Area
3,950
Density / Sq Mi
$51,314
Median Household Income
$35,072
Median Earnings
$926
Median Rent
$292,200
Median Home Value

Market

Vacancy Rate% for Office in Tulsa, OK

10.4% 2019
11.7% 2020
12.1% 2021
11.9% 2022
10.4% 2023
9.2% 2024
10.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Remodeled office building offering flexible layouts, private office and meeting room options, and 3 full bathrooms with kitchen and storage.
Where is this office units located?
The property is located at 4940 E 73rd Street Tulsa, OK.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: Extensively remodeled office building with flexible layout: 5 private offices + meeting room or reception + 4 offices + meeting room; 3 full bathrooms with upgraded granite countertops and marble countertops throughout, plus a full kitchen; Includes computer/integration infrastructure: 12 workstations with Cat 5 cabling throughout
More about this property
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