Church Facility with Office/Classroom
For Sale
$1,900,000
11710 S Memorial Dr, Bixby, OK 74008
Church facility with paved parking, a full metal roof, large kitchen, and flexible office/classroom areas.
Property Size9,870 SF
Lot Size2.48 Acres
Price / SF$192.50
Days on Market66
Property Features for 11710 S Memorial Dr
General Information
Standard status
Active
Size
9,870 SF
Total Parking Spaces
64
Lot size
2.48 Acres
Additional Details
Office Units
15
Amenities
Large Kitchen
storage shed
chain link fence
Garden shed
Building Details
Year Built
2007
Building Size
9,870 SF
Listing Agency:
RE/MAX Results
Listed By:
Dara Sullivan · License #172173
(918) 855-8217
Source:
Theashleygroupok
Added: Aug 9
Changed: Oct 5
Last Checked: Oct 7 at 5:41PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Results
Investment Insights
Based on property information with market context.
Built in 2007, this church facility includes 9,870 square feet on a 2.48-acre property. The building has a full metal roof, a large kitchen, and 15 office or classroom spaces supported by storage areas. Additional site improvements include a storage shed, garden shed, chain-link fencing, and paved parking with room for 64 spaces.
The property is located at 11710 S Memorial Dr in Bixby, Oklahoma, with Memorial frontage and two entrances. It is within a half mile of the retail corridor at 111th and Memorial. The existing layout and site features may support continued religious use or consideration of conference, school, or shared-office concepts, subject to applicable approvals.
The property is located at 11710 S Memorial Dr in Bixby, Oklahoma, with Memorial frontage and two entrances. It is within a half mile of the retail corridor at 111th and Memorial. The existing layout and site features may support continued religious use or consideration of conference, school, or shared-office concepts, subject to applicable approvals.
Key Highlights
- 9,870‑square‑foot church facility built in 2007
- 2.48‑acre site with Memorial frontage and 2 entrances
- Paved parking with room for 64 spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$121,669
Cap Rate
6.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,433,380
$2.4M
Cap Rate 7%
$1,738,129
$1.7M
Cap Rate 9%
$1,351,878
$1.4M
Market Conditions
NOI Build-Up for 9,870 SF
Gross rent
$184.8K $18.72/SF
− Vacancy
−$22.5K −$2.28/SF
EGI
$162.2K $16.44/SF
− OpEx
−$40.6K −$4.11/SF
NOI
$121.7K $12.33/SF
Area
Tulsa County, OK
Vacancy
12.20%
Lease Rate
$18.72 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,433,380
Cap Rate 7%
$1,738,129
Cap Rate 9%
$1,351,878
Alternative Uses
Best Use
Office B
$1.74M
$1.52M – $2.03M
NOI $121,669 @ 7.0% cap · market cap 6.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.22M
$1.95M – $2.60M
NOI $155,710 @ 7.0% cap · market cap 8.20%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Open Analytics
Current Use
Lease Details
15
Office units
Location Intelligence
Trade Area within ½ mile
246
Businesses Nearby
Explore this area
Business Placement
Demographics for 74008, OK
31,745
Population
12,447
Households
2.6
Avg Household Size
36
Median Age
44%
College-Educated
95%
High-School Grad
74.3 sq mi
ZIP Area
427
Density / Sq Mi
$95,476
Median Household Income
$48,691
Median Earnings
$1,302
Median Rent
$303,200
Median Home Value
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Church & religious facility - Church facility with paved parking, a full metal roof, large kitchen, and flexible office/classroom areas.
Where is this church & religious facility located?
The property is located at 11710 S Memorial Dr Bixby, OK.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 9,870‑square‑foot church facility built in 2007; 2.48‑acre site with Memorial frontage and 2 entrances; Paved parking with room for 64 spaces
