5816 S 116th West Avenue Sand Springs, OK 74063
COMMERCIAL - Sand Springs, OK
- Added:
- Feb 18, 2026
- Days on Market:
- 143
- Last Refresh:
- Jul 11 at 9:06 pm
Property Features for 5816 S 116th West Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- IL
- Parking features
- Paved or Surfaced
- Interior features
- Cable TV Wired, High Speed Internet, Mini-Kitchen, Public Restrooms
- Exterior features
- Lighting
- Fencing
- Chain Link
- Standard status
- Active
- APN
- 55381-91-34-62370
- Size
- 18,529 SF
- Lot size
- 1.26 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- N/2 LT5 BLK 1 PRATTVILLE INDUSTRIAL PARK SOUTH
- Tax Annual Amount
- 7375
Utilities
- Sewer type
- Septic Tank
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1979
- Floors in Building
- 2
- Flooring type
- Vinyl, Concrete, Carpet, Tile
- Building materials
- Steel
- Roof type
- Metal
Listing agent DC Roberts License #157563 (918) 392-0900
Listing office Chinowth & Cohen 3912 E 91st St, Tulsa, OK (918) 392-0900
Listing date Feb 18, 2026
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.
Key Highlights
- 18,529+ SF (AP) gross building area in 2 buildings: 13,933+ SF warehouse manufacturing plus 4,596+ SF two‑story office
- Fully climate controlled with central heating and central air
- 2 manufacturing bays with clear span 60' and eave height 22' (center 25'), plus air piping and plumbing for 2 air compressors
Local Financial Insights For Warehouse
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 | $144.5k | $7.80 |
| − Vacancy | −$3.6k | −$0.20 |
| EGI | $140.9k | $7.60 |
| − OpEx | −$21.1k | −$1.14 |
| NOI | $119.8k | $6.46 |