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Tulsa Commercial Building For Sale

1430 S Quaker, Tulsa, OK 74120

For Sale
Contact for pricing

Commercial building near downtown Tulsa, Utica Square, and Hillcrest Hospital.

Property Size3,360 SF
Price / SF$206.85
Days on Market1483

Property Features for 1430 S Quaker

General Information

Standard status Active
Size 3,360 SF
Class B
Property subtype Office

Site & Location

Neighborhood Cherry St

Building Details

Stories 2
Listing Agency: Frisbie Lombardi
Listed By: Nick Lombardi · License OK #152277
Source: Crexi
Added: Oct 22, 2022 Changed: Nov 8 Last Checked: Nov 12 at 8:13AM

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 Frisbie Lombardi

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This commercial building is located one block east of Peoria, just north of Cherry Street. The property is situated within 1 mile of Downtown Tulsa, Utica Square, Swan Lake, Mother Road Market, and Hillcrest Hospital. The building has a size of 3360 square feet.

Key Highlights

  • Prime commercial location: one block east of Peoria, north of Cherry Street.
  • Close proximity to Downtown Tulsa.
  • Convenient access to Utica Square.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$38,783
Cap Rate
5.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$775,660 $775.7K
Cap Rate 7%
$554,043 $554.0K
Cap Rate 9%
$430,922 $430.9K
Market Conditions
NOI Build-Up for 3,360 SF
Gross rent
$60.5K $18.00/SF
− Vacancy
−$8.8K −$2.61/SF
EGI
$51.7K $15.39/SF
− OpEx
−$12.9K −$3.85/SF
NOI
$38.8K $11.54/SF
Area
Tulsa, OK
Vacancy
14.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$775,660
Cap Rate 7%
$554,043
Cap Rate 9%
$430,922

Alternative Uses

Best Use
Office B
$554.0K
$484.8K – $646.4K (±1% cap)
NOI $38,783 @ 7.0% cap · market cap 5.58%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$716.6K
$627.1K – $836.1K (±1% cap)
NOI $50,165 @ 7.0% cap · market cap 7.22%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Preslar Music | Tulsa ... Vocational School

Suggested Use

Top Pick Auto Parts Store Grocery & Convenience Store Carpet & Flooring Store Locksmith Veterinary Clinic (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,535
Businesses Nearby

Demographics for 74120, OK

5,037
Population
3,308
Households
1.5
Avg Household Size
37
Median Age
52%
College-Educated
92%
High-School Grad
2.1 sq mi
ZIP Area
2,399
Density / Sq Mi
$66,280
Median Household Income
$46,823
Median Earnings
$1,071
Median Rent
$415,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Office buildings in Tulsa, OK

$149 Jul
$158 Aug
$156 Sep
$160 Oct

Properties on Market for Office buildings in Tulsa

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Tulsa, OK

10.4% 2019
11.7% 2020
12.1% 2021
11.9% 2022
10.4% 2023
9.2% 2024
10.6% 2025

Frequently Asked Questions

What type of property is this?
Office building - Commercial building near downtown Tulsa, Utica Square, and Hillcrest Hospital.
Where is this office building located?
The property is located at 1430 S Quaker Tulsa, OK.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Prime commercial location: one block east of Peoria, north of Cherry Street.; Close proximity to Downtown Tulsa.; Convenient access to Utica Square.
(918) 344-9904 Call to check price and availability
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Includes: Price & PSF · Cap rate · Location · Zoning

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