Medical Office Building with Covered
For Sale
$580,000
1916 W C St, Jenks, OK 74037
Flexible professional space with on-site parking and signage exposure along Main Street.
Property Size2,114 SF
Price / SF$274.36
Days on Market73
Property Features for 1916 W C St
General Information
Standard status
Active
Size
2,114 SF
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
2010
Buildings
1
Listing Agency:
Realty One Group Dreamers
Listed By:
Larry J White · License #201088
Source:
Thewolekgroup
Added: Aug 5
Changed: Oct 12
Last Checked: Oct 7 at 1:07PM
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 Realty One Group Dreamers
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Investment Insights
Based on property information with market context.
This 2114-square-foot medical office building, constructed in 2010, offers a flexible setting for a medical practice or other professional office use. The property includes parking along the sides of the building for approximately 10+ vehicles, along with a separate rear overhead carport accommodating another 4 vehicles.
Signage exposure is available along Main Street, with downtown Jenks less than 1 mile east and I-75 less than 1 mile west. The existing configuration combines a medical-office identity with adaptable commercial space for professional or service-based operations.
Signage exposure is available along Main Street, with downtown Jenks less than 1 mile east and I-75 less than 1 mile west. The existing configuration combines a medical-office identity with adaptable commercial space for professional or service-based operations.
Key Highlights
- 2114‑square‑foot medical office building constructed in 2010
- Approximately 10+ vehicle spaces along the sides of the building
- Separate rear overhead carport accommodates another 4 vehicles
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,060
Cap Rate
4.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$521,200
$521.2K
Cap Rate 7%
$372,286
$372.3K
Cap Rate 9%
$289,556
$289.6K
Market Conditions
NOI Build-Up for 2,114 SF
Gross rent
$39.6K $18.72/SF
− Vacancy
−$4.8K −$2.28/SF
EGI
$34.7K $16.44/SF
− OpEx
−$8.7K −$4.11/SF
NOI
$26.1K $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%
$521,200
Cap Rate 7%
$372,286
Cap Rate 9%
$289,556
Alternative Uses
Best Use
Office B
$372.3K
$325.8K – $434.3K
NOI $26,060 @ 7.0% cap · market cap 4.49%
Second Best
Healthcare Medical
$351.1K
$307.2K – $409.6K
NOI $24,576 @ 7.0% cap · market cap 4.24%
Theoretical Best
Office A
$476.4K
$416.9K – $555.9K
NOI $33,351 @ 7.0% cap · market cap 5.75%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
160
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 74037, OK
23,727
Population
8,811
Households
2.7
Avg Household Size
35
Median Age
47%
College-Educated
92%
High-School Grad
16.2 sq mi
ZIP Area
1,465
Density / Sq Mi
$101,573
Median Household Income
$53,608
Median Earnings
$1,565
Median Rent
$267,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Medical Office Space - Flexible professional space with on-site parking and signage exposure along Main Street.
Where is this medical office space located?
The property is located at 1916 W C St Jenks, OK.
What is the asking price?
The asking price for this property is $580,000.
What are key features of this property?
This property features: 2114‑square‑foot medical office building constructed in 2010; Approximately 10+ vehicle spaces along the sides of the building; Separate rear overhead carport accommodates another 4 vehicles
