Freestanding Warehouse with Multiple
New
For Sale
$180,000
Pending
15950 E 167th Street S, Bixby, OK 74008
COMMERCIAL - Bixby, OK
Property Size2,520 SF
Lot Size0.65 Acres
Days on Market3
Property Features for 15950 E 167th Street S
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning
RS
Interior features
Smoke Detector, Suspended Ceiling
Exterior features
Storage
Elementary school district
Bixby - Sch Dist (4)
Middle school district
Bixby - Sch Dist (4)
High school district
Bixby - Sch Dist (4)
Directions
Hwy 64 east to Leonard, property on right just past 159th East Ave.
Standard status
Pending
APN
57550-74-27-01170
Size
2,520 SF
Lot size
0.65 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LTS 1 THRU 7, inclusive, and Lots 16 THRU 22, inclusive, Block 31, Original Town of Leonard, Tulsa County, Oklahoma
Tax Annual Amount
1800
Legal Description
LTS 1 THRU 7, inclusive, and Lots 16 THRU 22, inclusive, Block 31, Original Town of Leonard, Tulsa County, Oklahoma
Utilities
Utilities
Propane
Sewer type
Septic Tank
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1950
Building materials
Steel
Roof type
Metal
Additional Structures
Storage
Listing Agency:
Chinowth & Cohen
(918) 943-3009
Listed By:
Tina Butler · License #126665
(918) 740-1000
Added: Jul 31
Last Checked: Aug 2 at 3:06AM
MLS# 2628362
Copyright © 2026 MLS Technology, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Freestanding warehouse property on a 0.653-acre lot with paved access roads on three sides and parking that is partially paved. The site includes concrete flooring in both buildings and is served by septic tank and propane utilities.
Multiple structures are on the property. A wood frame and metal building includes retail office space measuring 34x23 and warehouse space measuring 53x24 with a 17? sliding door, plus a heated single garage bay with an overhead door. A separate CMU shop building measures 50x24 and has 220 electric, 12ft ceiling clearance, and a 12x12 overhead door. The office area has central heat/air, and the single garage has propane heat. The property has 174 feet of frontage on Hwy 64.
Tax records indicate zoning of RS and land use descriptions of County-Commercial and Universal-Retail Trade. Property is being sold AS-IS, and the seller will provide a clear environmental study.
Multiple structures are on the property. A wood frame and metal building includes retail office space measuring 34x23 and warehouse space measuring 53x24 with a 17? sliding door, plus a heated single garage bay with an overhead door. A separate CMU shop building measures 50x24 and has 220 electric, 12ft ceiling clearance, and a 12x12 overhead door. The office area has central heat/air, and the single garage has propane heat. The property has 174 feet of frontage on Hwy 64.
Tax records indicate zoning of RS and land use descriptions of County-Commercial and Universal-Retail Trade. Property is being sold AS-IS, and the seller will provide a clear environmental study.
Key Highlights
- 0.653‑acre lot with 174 feet of frontage on Hwy 64
- Paved access roads on three sides plus partially paved parking
- Wood frame and metal building: 104x24 with 34x23 retail office and 53x24 warehouse
Financial Insights For Warehouse
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 | $19.7k | $7.80 |
| − Vacancy | −$491 | −$0.20 |
| EGI | $19.2k | $7.60 |
| − OpEx | −$2.9k | −$1.14 |
| NOI | $16.3k | $6.46 |
2,520 SF · lease $7.80/SF/yr · vacancy 2.50% · expense 15.00%
Alternative Uses
Best Use
Retail
$366.7K
$320.8K – $427.8K
NOI $25,666 @ 7.0% cap · market cap 14.26%
Second Best
Warehouse
$232.7K
$203.6K – $271.5K
NOI $16,290 @ 7.0% cap · market cap 9.05%
Theoretical Best
Office A
$567.9K
$497.0K – $662.6K
NOI $39,756 @ 7.0% cap · market cap 22.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
12 ft
Clear height
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
18
Businesses Nearby
Well-served
Demand for This Use
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
Properties on Market for Warehouses in Tulsa County
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Warehouse - RS-zoned warehouse property on a 0.653-acre lot with paved access roads on three sides and multiple buildings for flexible use.
Where is this warehouse located?
The property is located at 15950 E 167th Street S Bixby, OK.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: 0.653‑acre lot with 174 feet of frontage on Hwy 64; Paved access roads on three sides plus partially paved parking; Wood frame and metal building: 104x24 with 34x23 retail office and 53x24 warehouse
