16901 E Admiral Pl, Tulsa, OK 74116
Warehouses
- Added:
- May 14, 2025
- Days on Market:
- 414
- Last Refresh:
- Mar 17 at 1:18 pm
Property Features for 16901 E Admiral Pl
General Information
- Standard status
- Active
- Size
- 8,400 SF
- Lot size
- 8.72 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1975
Listing office Commercial X LLC
Listing date May 14, 2025
Source Crexi
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 Commercial X LLC
HighLights
- Located in a Federal Opportunity Zone, offering significant investment benefits.
- 8.72 level acres with 825 feet of I‑44 frontage, providing high visibility.
- Includes a 4,800 SF red iron office building ready for renovation.
- Features a 3,600 SF warehouse with three overhead doors (16', 14', and 12').
- Fully fenced with an electronic gate for enhanced security.
- Easy access to major transportation routes, ideal for industrial, distribution, or redevelopment.
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 | $151.2k | $18.00 |
| − Vacancy | −$21.9k | −$2.61 |
| EGI | $129.3k | $15.39 |
| − OpEx | −$32.3k | −$3.85 |
| NOI | $97.0k | $11.54 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Cisco Containers, L.L.C. — 17515 E Admiral Pl, Tulsa, OK 74116
- Diamond Self Storage Fair Oaks — 18018 E Admiral Pl, Fair Oaks, OK 74015
Location Insight
- Map
- Local Demand
- City
- Tulsa
- County
- Creek
- State
- Oklahoma
- Longitude
- -95.787081
- Latitude
- 36.161451