Flex Space with 16-Foot Overhead
For Sale
$187,500
16571 S Broadway Street W #C1, Glenpool, OK 74033
Insulated interiors, separately metered electricity, and water and sewer connections support varied storage or work uses.
Property Size1,500 SF
Price / SF$125
Days on Market213
Property Features for 16571 S Broadway Street W #C1
General Information
Standard status
Active
Size
1,500 SF
Class
Class A
Property subtype
Commercial
Zoning
CG
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Utilities to Site
Yes
Additional Details
Drive-In Doors
1
Property Use
Storage/Flex Space
Amenities
internet and cable access
24/7 security monitoring
Other
Storage
Landscaping
Lighting
Building Details
Building Size
1,500 SF
Year Built
2023
Listing Agency:
Gray Real Estate Elite, Inc.
Listed By:
Amber Gray · License #147229
(580) 399-3359
Source:
Grayrealestateok
Added: Mar 30
Changed: Oct 27
Last Checked: Oct 27 at 4:02AM
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 Gray Real Estate Elite, Inc.
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 1,500-square-foot flex unit measures 25 feet wide by 60 feet deep and includes a 16-foot overhead door and a separate pedestrian entrance. The interior is insulated and lit with LEDs, with separately metered electric service, dedicated RV outlets, water and sewer connections, and access to internet and cable. The CG-zoned property was built in 2023.
The development has gated, fenced entry, 24/7 security monitoring, and drive aisles approximately 68 feet or wider. It is located just off Hwy 75, with stated drive times of 10 minutes to Tulsa Hills, 15 minutes to South Tulsa, and 20 minutes to downtown Tulsa.
Optional upgrades include mezzanines, HVAC systems, epoxy flooring, and built-in cabinetry.
The development has gated, fenced entry, 24/7 security monitoring, and drive aisles approximately 68 feet or wider. It is located just off Hwy 75, with stated drive times of 10 minutes to Tulsa Hills, 15 minutes to South Tulsa, and 20 minutes to downtown Tulsa.
Optional upgrades include mezzanines, HVAC systems, epoxy flooring, and built-in cabinetry.
Key Highlights
- 1,500‑square‑foot unit; 25 feet wide by 60 feet deep
- 16‑foot overhead door and a separate pedestrian entrance
- Insulated unit with LED lighting and separately metered electric service
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,696
Cap Rate
5.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$193,920
$193.9K
Cap Rate 7%
$138,514
$138.5K
Cap Rate 9%
$107,733
$107.7K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$11.7K $7.80/SF
− Vacancy
−$293 −$0.20/SF
EGI
$11.4K $7.60/SF
− OpEx
−$1.7K −$1.14/SF
NOI
$9.7K $6.46/SF
Area
Tulsa County, OK
Vacancy
2.50%
Lease Rate
$7.80 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$193,920
Cap Rate 7%
$138,514
Cap Rate 9%
$107,733
Alternative Uses
Best Use
Warehouse
$138.5K
$121.2K – $161.6K
NOI $9,696 @ 7.0% cap · market cap 5.17%
Second Best
Flex RnD
$135.3K
$118.4K – $157.8K
NOI $9,468 @ 7.0% cap · market cap 5.05%
Theoretical Best
Office A
$338.1K
$295.8K – $394.4K
NOI $23,664 @ 7.0% cap · market cap 12.62%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Drive-in doors
Yes
Fenced yard
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
178
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 74033, OK
13,254
Population
4,868
Households
2.7
Avg Household Size
34
Median Age
25%
College-Educated
91%
High-School Grad
12.3 sq mi
ZIP Area
1,078
Density / Sq Mi
$77,306
Median Household Income
$43,382
Median Earnings
$1,292
Median Rent
$194,400
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Insulated interiors, separately metered electricity, and water and sewer connections support varied storage or work uses.
Where is this flex space located?
The property is located at 16571 S Broadway Street W #C1 Glenpool, OK.
What is the asking price?
The asking price for this property is $187,500.
What are key features of this property?
This property features: 1,500‑square‑foot unit; 25 feet wide by 60 feet deep; 16‑foot overhead door and a separate pedestrian entrance; Insulated unit with LED lighting and separately metered electric service
