Live-Work Property with
For Sale
$399,000
1718 W Broadway Street, Collinsville, OK 74021
A flexible office layout includes private rooms, a reception area, a full kitchen, and accessible entry.
Property Size2,712 SF
Price / SF$147.12
Days on Market295
Property Features for 1718 W Broadway Street
General Information
Standard status
Active
Size
2,712 SF
Total Parking Spaces
2
Property subtype
Business
Additional Details
Property Use
Office
Taxes and HOA fees
Annual Taxes
$1,304
Amenities
full kitchen
large deck
ADA accessibility
Building Details
Building Size
2,712 SF
Year Built
1965
Buildings
1
Construction
brick
Listing Agency:
Coldwell Banker Select
Listed By:
Carrie Ballard · License #170256
(918) 630-4380
Source:
Thebradshaw
Added: Jan 12
Changed: Nov 1
Last Checked: Nov 1 at 1:40AM
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 Coldwell Banker Select
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Investment Insights
Based on property information with market context.
Configured for live-work use, the 2,712-square-foot property includes a reception area, a waiting space sized for six or more visitors, and three to four private offices. A supply room and break area with a large deck add to the interior layout. The full kitchen is equipped with a refrigerator, sink, microwave, and stove.
The building was constructed in 1965 and has a full brick exterior, vinyl fencing, one full bathroom, and one half bathroom. A two-car garage offers additional storage. The front entrance has both stairs and a ramp for ADA accessibility.
The building was constructed in 1965 and has a full brick exterior, vinyl fencing, one full bathroom, and one half bathroom. A two-car garage offers additional storage. The front entrance has both stairs and a ramp for ADA accessibility.
Key Highlights
- 2,712 square feet with three to four private offices
- Waiting area accommodates six or more guests
- Full kitchen with refrigerator, sink, microwave, and stove
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,431
Cap Rate
8.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$668,620
$668.6K
Cap Rate 7%
$477,586
$477.6K
Cap Rate 9%
$371,456
$371.5K
Market Conditions
NOI Build-Up for 2,712 SF
Gross rent
$50.8K $18.72/SF
− Vacancy
−$6.2K −$2.28/SF
EGI
$44.6K $16.44/SF
− OpEx
−$11.1K −$4.11/SF
NOI
$33.4K $12.33/SF
Area
Tulsa County, OK
Vacancy
12.20%
Lease Rate
$18.72 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$668,620
Cap Rate 7%
$477,586
Cap Rate 9%
$371,456
Alternative Uses
Best Use
Office B
$477.6K
$417.9K – $557.2K
NOI $33,431 @ 7.0% cap · market cap 8.38%
Second Best
Mixed Use
$353.0K
$308.9K – $411.9K
NOI $24,713 @ 7.0% cap · market cap 6.19%
Theoretical Best
Office A
$611.2K
$534.8K – $713.1K
NOI $42,785 @ 7.0% cap · market cap 10.72%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
297
Businesses Nearby
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Business Placement
Demographics for 74021, OK
21,567
Population
8,705
Households
2.5
Avg Household Size
37
Median Age
23%
College-Educated
93%
High-School Grad
67.0 sq mi
ZIP Area
322
Density / Sq Mi
$90,148
Median Household Income
$46,186
Median Earnings
$1,197
Median Rent
$224,700
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Live-work space - A flexible office layout includes private rooms, a reception area, a full kitchen, and accessible entry.
Where is this live-work space located?
The property is located at 1718 W Broadway Street Collinsville, OK.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 2,712 square feet with three to four private offices; Waiting area accommodates six or more guests; Full kitchen with refrigerator, sink, microwave, and stove
