Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    5085 East 151St St South Bixby, OK 74008

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Four commercial land parcels available in rapidly growing Bixby.

    Property size:
    4 SF

    Property Features for 5085 East 151St St South

    General Information

    Standard status
    Active
    Size
    4 SF

    We can help!

    Listing Contact
    Carrie Claiborne
    Carrie Claiborne
    Source: Cbre

    Listing Agency: CBRE | Tulsa Listing Agent: Carrie Claiborne

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Bixby Land Parcels For Sale

    Located in Bixby, Hendrix Business Park features four parcels of commercial land for sale. The parcels have frontage along 151st Street and are highly visible and accessible. The location is minutes from Memorial Drive and Glenpool, providing access to a growing population and thriving businesses. The site has all utilities available. The parcels include: Parcel 1, which is 1.22 acres; Parcel 2, which is 0.31 acres; Parcel 5, which is 1.61 acres; and Parcel 6, which is 1.82 acres. The property has 630 feet of frontage on South 151st Street / Highway 67 and 690 feet of frontage on South 49th / South Yale Avenue. The total property size is 4 acres.
    Location Intelligence

    Current Use by Public Records

    Adrenaline Fitness Gym & Fitness Center Victory Spinal Care ... Alternative Medicine Practice Victory Spinal Care Alternative Medicine Practice

    Suggested Use

    Real Estate Agency Building Supply Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel Gym & Fitness Center Kitchen & Bath Showroom Storage Facility Plumbing Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Bixby
    County
    Tulsa
    State
    Oklahoma
    Longitude
    -95.920954
    Latitude
    35.945092

    Nearby Similar for Sale

    • $2,900,000
      9,870 SF

      Bixby Commercial Property on Memorial

      9,870 SF commercial building on 2.48 acres in Bixby.
      11710 S Memorial Dr, Bixby, OK 74008
      View Details
    • $300,000
      1.55 Acres

      Commercial Investment Opportunity in Bixby

      Commercial property near 131st and Memorial in Bixby, OK.
      E 131St St, Bixby, OK 74008
      View Details
    • $150,000
      Pending

      Bixby Automotive Commercial Property

      Automotive commercial property in a rapidly growing Bixby area.
      14724 S Grant St, Bixby, OK 74008
      View Details
    • $1,399,000

      Modern Office Building in Bixby

      Newly constructed office building in a prime Bixby location.
      7631 E 126Th St, Bixby, OK 74008
      View Details
    • $1,399,000
      6,039 SF

      Bixby Creative Office - For Sale

      Modern Bixby Office, 6,039 SF, Owner-User
      7631 126Th St, Bixby, OK 74008
      View Details
    • $766,873
      5.03 Acres

      Bixby Industrial Land - 5 Acres

      Prime Bixby location, 5 acres, $766,873.80
      151 151St St, Bixby, OK 74008
      View Details
    • $750,000
      12,500 SF

      Bixby Industrial Property

      12,500 SF Warehouse/Manufacturing
      15304 76 Ave, Bixby, OK 74008
      View Details
    • $535,788
      2.46 Acres

      Bixby Industrial Land - Prime Location

      ±2.46 Acres, Excellent Investment Opportunity
      151st & Sandusky D, Bixby, OK 74008
      View Details
    • $611,582
      1.17 Acres

      Bixby Land: Prime Commercial Lot

      1.17 Acres, Excellent Location, $611,582
      131st & Mingo B, Bixby, OK 74008
      View Details
    • $2,348,450
      36.13 Acres

      Bixby Industrial Land - 36 Acres

      Prime Bixby location, ±36 acres, excellent investment.
      151st & Sandusky B, Bixby, OK 74008
      View Details
    • $1,123,848
      1.72 Acres

      Bixby Commercial Land - 1.72 Acres

      Prime Bixby location, 1.72 acres, $1,123,848
      131st & Mingo A 1.72 Ac, Bixby, OK 74008
      View Details
    • $1,859,000
      37.18 Acres

      Bixby Land: ±37 Acres, $1.8M

      Prime Bixby development land, excellent location.
      151st & Sandusky A, Bixby, OK 74008
      View Details

    FAQs

    What type of property is this?
    Commercial land - Four commercial land parcels available in rapidly growing Bixby.
    Where is this commercial land located?
    The property is located at 5085 East 151St St South Bixby, OK.
    What are key features of this property?
    This property features: - Highly visible and accessible location in rapidly growing Bixby.; - Significant frontage on S 151st / HWY 67 (630 feet).; - All utilities are available to the site.
    (918) 906-0224
    Request Owner's contact information
    5085 East 151St St South Bixby, OK 74008
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5085 East 151St St South
    Bixby, OK 74008
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    5085 East 151St St South Bixby, OK 74008
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Carrie Claiborne
    Carrie Claiborne
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!