6,000 SF Warehouse For
165 S 122nd East Avenue Tulsa, OK 74128
For Sale
Contact for pricing
6,000 SF warehouse with fenced yard space available for purchase.
Property Size6,000 SF
Price / SF$98.17
Days on Market171
Property Features for 165 S 122nd East Avenue
General Information
Standard status
Active
Size
6,000 SF
Property subtype
Industrial
Building Details
Year Built
1975
Listing Agency:
Henry Hinds Realty, LLC
Listed By:
Deren Huang · License #OK 173779
Source:
Crexi
Added: Feb 7
Changed: Jul 10
Last Checked: Jul 26 at 10:12AM
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 Henry Hinds Realty, LLC
Investment Insights
Based on property information with market context.
This 6,000 square foot property includes 3,000 square feet of leased space. The warehouse features ceiling heights ranging from 16 to 18 feet in the center. Unit A is equipped with two 10'x10' drive-in doors, while Unit B has one 10'x12' drive-in door and one 8'x16' drive-in door. Unit B also includes new LED lighting. The property offers a fenced-in yard space.
Key Highlights
- 6,000 square feet (3,000 leased)
- Fenced in yard space
- 16'-18' ceiling height
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 | $42.5k | $7.08 |
| − Vacancy | −$1.3k | −$0.21 |
| EGI | $41.2k | $6.87 |
| − OpEx | −$6.2k | −$1.03 |
| NOI | $35.0k | $5.84 |
6,000 SF · lease $7.08/SF/yr · vacancy 3.00% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$500.4K
$437.8K – $583.8K
NOI $35,025 @ 7.0% cap · market cap 5.95%
Second Best
Industrial
$412.1K
$360.6K – $480.7K
NOI $28,844 @ 7.0% cap · market cap 4.90%
Theoretical Best
Office A
$1.28M
$1.12M – $1.49M
NOI $89,580 @ 7.0% cap · market cap 15.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Cornerstone Boat & Mini Storage — 12331 E 11th St, Tulsa, OK 74128
- Myloc Self Storage — 405 S 129th E Ave, Tulsa, OK 74108
- SecurCare Self Storage — 12323 E Skelly Dr, Tulsa, OK 74128
- Heavy Help Tulsa Moving Company Office Home Piano Antiques — 1040 S 127th E Ave, Tulsa, OK 74128
Frequently Asked Questions
What type of property is this?
Warehouse - 6,000 SF warehouse with fenced yard space available for purchase.
Where is this warehouse located?
The property is located at 165 S 122nd East Avenue Tulsa, OK.
What is the asking price?
The asking price for this property is $589,000.
What are key features of this property?
This property features: 6,000 square feet (3,000 leased); Fenced in yard space; 16'-18' ceiling height
