15890 E Pine Street Tulsa, OK 74116
COMMERCIAL - Tulsa, OK
Property Features for 15890 E Pine Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Zoning
- Commercial
- Security features
- Security System
- Interior features
- Attic Exhaust Fan, Cable TV Wired, Satellite Dish Wired, Security System-Owned, Smoke Detector, Suspended Ceiling
- Exterior features
- Sidewalk, Storage
- Fencing
- Privacy, Chain Link
- Standard status
- Active
- APN
- 660028895
- Size
- 3,164 SF
- Lot size
- 1.15 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- LOTS 1,2,13 & 14 BLOCK 2 HIGHLAND AC II AMD.
- Tax Annual Amount
- 1053
Utilities
- Heating system
- Central, Zoned
- Cooling system
- Central Air, Zoned
Building Details
- Year built
- 1970
- Flooring type
- Carpet, Laminate
- Building materials
- Brick
- Roof type
- Composition
- Additional Structures
- Storage
Listing agent Ron Johannesen License #154835 (918) 712-2252
Listing office Keller Williams Advantage 5100 E Skelly Drive Suite 300, Tulsa, OK (918) 712-2252
Listing date Oct 24, 2025
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Investment Insights
Based on property information with market context.
Set on a 1+ acre lot, the site offers partial privacy fencing and 6' chain link fencing with three chain link gates, including a 16' swing gate and 20' and 24' cantilever gates. Vehicle parking is supported by a rear fenced asphalt parking area of approximately 9,500+/- square feet and an additional gravel lot, with more parking near the front entry.
The building’s layout supports tenant or owner-occupant uses that require a combination of reception, offices, and enclosed utility or storage space, along with convenient site access for vehicles and equipment. With the fenced perimeter, multiple gated entry points, and dedicated electrical capacity, it can be a fit for professional service organizations or operations needing on-site room separation.
Key Highlights
- 3,164 sq ft (CH) office building built in 1970 with reception, front office, back office, and 10 small office spaces or storage rooms
- Large private area includes a full kitchen, full bath, and utility room, plus a separate 1/2 bath by the front office
- 1+ acre lot with partial privacy fence and 6' chain‑link fencing, including 3 chain‑link gates (16' swing gate, 20' and 24' cantilever gates)
Local 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 |
