Search
Office Building with Large Private Area
For Sale
$400,000

15890 E Pine Street, Tulsa, OK 74116

A 3,164 SF office building with multiple office rooms, full kitchen, and fenced parking for day-to-day operations.

Property Size3,164 SF
Lot Size1.00 Acre
Price / SF$126.42
Days on Market312

Property Features for 15890 E Pine Street

General Information

Standard status Active
Size 3,164 SF
Lot size 1.00 Acre
Property subtype Office

Additional Details

Fenced Yard Yes
Office Units 10

Building Details

Year Built 1970
Listing Agency:
Listed By: Keller Williams Advantage
Source: Xome
Added: Sep 29, 2025 Changed: Jul 10 Last Checked: Aug 5 at 4:43AM

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 Keller Williams Advantage

Investment Insights

Based on property information with market context.

This office building offers a reception area, a front office and back office, plus 10 small office spaces or multiple storage rooms. Additional configuration includes two full-sized rooms and a large private area with a full kitchen, full bath, and utility room. A separate half bath is located by the front office. The property also includes a 12' x 8' outdoor storage shed with shelves and a 12' x 12' lean-to, along with an inground storm shelter.

The building sits on a 1+ acre lot with partial privacy fencing and a 6' chain link fence. Access is managed through three chain link gates, including a 16' swing gate and 20' and 24' cantilever gates. The rear fenced-in area includes approximately 9,500 +/- SF of asphalt parking and an additional gravel lot, with further parking near the front entry.

Electrical service is rated at 600-amps with two equipment rooms, supporting a range of office and back-of-house needs. With its mix of reception, front/back office space, multiple smaller rooms, and dedicated kitchen and bath facilities, the layout can support teams that need both customer-facing areas and enclosed work or storage rooms.

Key Highlights

  • 3,164 SF (CH) office building with reception area, front office, back office, and 10 small office spaces or storage rooms
  • Includes a large private area with a full kitchen, full bath, and utility room plus a separate 1/2 bath by the front office
  • On a 1+ acre lot with partial privacy fencing and 6' chain‑link fencing with 3 chain‑link gates (16' swing, 20' and 24' cantilever)

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 $57.0k $18.00
− Vacancy −$8.3k −$2.61
EGI $48.7k $15.39
− OpEx −$12.2k −$3.85
NOI $36.5k $11.54
3,164 SF · lease $18.00/SF/yr · vacancy 14.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$521.7K
$456.5K – $608.7K (±1% cap)
NOI $36,520 @ 7.0% cap · market cap 9.13%
Second Best
no second resolved use
Theoretical Best
Office A
$674.8K
$590.5K – $787.3K (±1% cap)
NOI $47,238 @ 7.0% cap · market cap 11.81%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Restaurant Pharmacy Furniture & Home Goods Grocery & Convenience 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.

Lease Details

10
Office units
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

341
Businesses Nearby

Demographics for 74116, OK

4,069
Population
1,665
Households
2.4
Avg Household Size
35
Median Age
9%
College-Educated
75%
High-School Grad
18.0 sq mi
ZIP Area
226
Density / Sq Mi
$56,296
Median Household Income
$34,938
Median Earnings
$783
Median Rent
$137,500
Median Home Value

Market

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - A 3,164 SF office building with multiple office rooms, full kitchen, and fenced parking for day-to-day operations.
Where is this office building located?
The property is located at 15890 E Pine Street Tulsa, OK.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 3,164 SF (CH) office building with reception area, front office, back office, and 10 small office spaces or storage rooms; Includes a large private area with a full kitchen, full bath, and utility room plus a separate 1/2 bath by the front office; On a 1+ acre lot with partial privacy fencing and 6' chain‑link fencing with 3 chain‑link gates (16' swing, 20' and 24' cantilever)
More about this property
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