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    Move-in Ready Medical Office Space Title is generated by Realmo AI

    4125 South Mingo Road, Tulsa, OK 74146

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    For Lease
    $16 SF/Yr $8,946/Mo (calc)

    Freestanding medical office building with versatile layout in Tulsa.

    Type:Office
    Property size:
    6,710 SF
    Added:
    Mar 25, 2026
    Days on Market:
    47
    Last Refresh:
    Mar 18 at 8:46 am

    Property Features for 4125 South Mingo Road

    General Information

    Standard status
    Active
    Size
    6,710 SF
    Property subtype
    Office

    We can help!

    Listing Contact
    Leslie Kirkpatrick
    Leslie Kirkpatrick

    Listing agent Leslie Kirkpatrick

    Listing office CBRE | Tulsa

    Listing date Mar 25, 2026

    Source Cbre

    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 CBRE | Tulsa

    HighLights

    • Move‑in ready, versatile medical office space with existing layout including Reception Area, Waiting Room, Exam Rooms, private Offices, and Employee Breakroom.
    • Excellent location on South Mingo Road with immediate highway access off HWY 169 and the Broken Arrow Expressway.
    • Abundant parking and existing monument signage on Mingo Road.
    • On‑site property management, maintenance, day porters and security patrol.
    • Convenient access to transportation: 15 minutes to Tulsa International Airport and 10 minutes to Tulsa CBD.
    • Access to shared amenities: 4,000 SF Fitness Facility and 3 Conference rooms for Tenant Use.

    Overview

    Located in the TechRidge Office Park at 4125 S Mingo Road in Tulsa, the Greenfields Building is a 6,710 square foot, single-story medical office building. This freestanding building offers versatile move-in ready medical office space. The existing layout includes a reception area, waiting room, exam rooms, private offices, and an employee breakroom. The property features existing monument signage on Mingo Road and a dedicated parking lot. Located on South Mingo Road just off HWY 169 and the Broken Arrow Expressway, the property offers immediate highway access and is 15 minutes to Tulsa International Airport and 10 minutes to Tulsa CBD. Local amenities are nearby. Additional features include abundant parking, on-site security patrol, a 4,000 SF fitness facility, on-site property management, on-site day porters, on-site maintenance, and 3 conference rooms for tenant use.
    Location Intelligence

    Current Use by Public Records

    Milestones Healthy Kids ... Hospital Derek D. Smith, ... Pharmacy Sharon Kirkpatrick Pharmacy Extra Mile Health Physician Henley James A DO Pediatrician

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Similar Places Nearby

    • Animal Eye Clinic — 4005 S 102nd E Ave, Tulsa, OK 74146
    • Animal Emergency Center — 4055 S 102nd E Ave, Tulsa, OK 74146
    • Tulsa Veterinary Specialists — 4005 S 102nd E Ave, Tulsa, OK 74146
    • Melinda Upton, DVM — 4005 S 102nd E Ave, Tulsa, OK 74146

    Location Insight

    • Map
    • Local Demand
    City
    Tulsa
    County
    Creek
    State
    Oklahoma
    Longitude
    -95.8681817
    Latitude
    36.1040292

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    FAQs

    What type of property is this?
    Medical Office Space - Freestanding medical office building with versatile layout in Tulsa.
    Where is this medical office space located?
    The property is located at 4125 South Mingo Road Tulsa, OK.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: Move‑in ready, versatile medical office space with existing layout including Reception Area, Waiting Room, Exam Rooms, private Offices, and Employee Breakroom.; Excellent location on South Mingo Road with immediate highway access off HWY 169 and the Broken Arrow Expressway.; Abundant parking and existing monument signage on Mingo Road.
    (918) 557-2231
    We can help!
    Listing Contact
    Leslie Kirkpatrick
    Leslie Kirkpatrick
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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    4125 South Mingo Road, Tulsa, OK, 74146
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