16901 S Admiral Place Tulsa, OK 74116
For Sale
Contact for pricing
Mixed-use properties
Property Size8,400 SF
Lot Size8.72 Acres
Price / SF$222.62
Days on Market252
Property Features for 16901 S Admiral Place
General Information
Standard status
Active
Size
8,400 SF
Lot size
8.72 Acres
Property subtype
Mixed Use, Industrial
Building Details
Year Built
1975
Listing Agency:
Keller Williams Advantage
Listed By:
Jennifer Collins · License #157710
Source:
Crexi
Added: Nov 18, 2025
Changed: Jul 6
Last Checked: Jul 27 at 9:54AM
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 Keller Williams Advantage
Investment Insights
Based on property information with market context.
Key Highlights
- Located in a Federal Opportunity Zone, offering potential tax benefits for investors.
- 8.72 level acres with 825 feet of I‑44 frontage provides high visibility and accessibility.
- Includes a 4,800 SF red iron office building ready for renovation into modern office or showroom space.
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 |
8,400 SF · lease $18.00/SF/yr · vacancy 14.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.39M
$1.21M – $1.62M
NOI $96,957 @ 7.0% cap · market cap 5.18%
Second Best
Mixed Use
$1.13M
$992.3K – $1.32M
NOI $79,380 @ 7.0% cap · market cap 4.24%
Theoretical Best
Office A
$1.79M
$1.57M – $2.09M
NOI $125,411 @ 7.0% cap · market cap 6.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
Where is this mixed-use property located?
The property is located at 16901 S Admiral Place Tulsa, OK.
What is the asking price?
The asking price for this property is $1,870,000.
What are key features of this property?
This property features: Located in a Federal Opportunity Zone, offering potential tax benefits for investors.; **8.72 level acres with 825 feet of I‑44 frontage provides high visibility and accessibility.**; Includes a 4,800 SF red iron office building ready for renovation into modern office or showroom space.
