Office Units with Tornado
For Sale
Contact for pricing
8560 E 131st St S, Bixby, OK 74008
Office units with an entry/reception area, multiple offices, and an extended porch/sun room with an underground tornado shelter.
Property Size1,353 SF
Price / SF$284.55
Days on Market712
Property Features for 8560 E 131st St S
General Information
Standard status
Active
Size
1,353 SF
Property subtype
OFFICE
Listing Agency:
Chinowth & Cohen - Bixby
(918) 924-2405
Listed By:
Kay Sullivan · License #170810
(918) 924-2405
Source:
Moodyscre
Added: Aug 21, 2024
Changed: Jul 30
Last Checked: Aug 1 at 1:51PM
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 Chinowth & Cohen - Bixby
Investment Insights
Based on property information with market context.
Office units at 8560 E 131st St S include an entry/reception area, four offices or conference rooms, a full bathroom, and a small kitchen with storage. An extended porch or sun room area is located to the rear and includes an underground tornado shelter. The kitchen and two office spaces are currently demoed, and the owner is open to building to suit with an acceptable offer.
The property is in Bixby, just east of Memorial Drive, with 100 feet of road frontage along 131st Street. Paved parking is in front, and the lot is over a half acre, offering room to expand the building or add more parking.
The combination of an interior office layout, front paved parking, and an underground shelter can support a range of office uses or other commercial configurations depending on tenant and build-out needs.
The property is in Bixby, just east of Memorial Drive, with 100 feet of road frontage along 131st Street. Paved parking is in front, and the lot is over a half acre, offering room to expand the building or add more parking.
The combination of an interior office layout, front paved parking, and an underground shelter can support a range of office uses or other commercial configurations depending on tenant and build-out needs.
Key Highlights
- 1,353 SF office units with entry/reception area
- 100 feet of road frontage along 131st Street in Bixby
- Over a half‑acre lot with paved front parking
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 | $25.3k | $18.72 |
| − Vacancy | −$3.1k | −$2.28 |
| EGI | $22.2k | $16.44 |
| − OpEx | −$5.6k | −$4.11 |
| NOI | $16.7k | $12.33 |
1,353 SF · lease $18.72/SF/yr · vacancy 12.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$238.3K
$208.5K – $278.0K
NOI $16,679 @ 7.0% cap · market cap 4.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$304.9K
$266.8K – $355.8K
NOI $21,345 @ 7.0% cap · market cap 5.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
405
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Office units with an entry/reception area, multiple offices, and an extended porch/sun room with an underground tornado shelter.
Where is this office units located?
The property is located at 8560 E 131st St S Bixby, OK.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: 1,353 SF office units with entry/reception area; 100 feet of road frontage along 131st Street in Bixby; Over a half‑acre lot with paved front parking
