Mixed-Use Property with Industrial
For Sale
$680,000
19271 W Wekiwa Road, Sand Springs, OK 74063
CG zoning applies to both the industrial building and the included single-family residence.
Property Size9,192 SF
Price / SF$73.98
Days on Market14
Property Features for 19271 W Wekiwa Road
General Information
Standard status
Active
Size
9,192 SF
Property subtype
Mixed Use
Zoning
CG
Warehouse & Industrial
Clear Height
10 ft
Heavy Power
Yes
Conditioned Warehouse
Yes
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$6,309
Building Details
Building Size
9,192 SF
Year Built
1955
Buildings
2
Listing Agency:
Susy's OK Realty, LLC
Listed By:
Susana A Hernandez · License #155516
(918) 938-8847
Source:
Blacklabelagentsok
Added: Oct 15
Changed: Oct 26
Last Checked: Oct 26 at 4:03PM
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 Susy's OK Realty, LLC
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Investment Insights
Based on property information with market context.
The property combines a 7,225-square-foot industrial building with a 1,967-square-foot single-family home. The industrial space is fully air conditioned and has heavy power, a pitched roof, and ceiling heights ranging from 10 to 16 feet. Clearance below the trusses is approximately 10 feet, with about 16 feet between trusses.
Both improvements carry CG (Commercial General) zoning, which permits many light-industrial uses. The property is near the 177th West Avenue exit on Highway 412, approximately 6 miles west of Sand Springs and a 20-minute drive from Tulsa. The residence is addressed at 19215 W. Wekiwa Road; the industrial building is at 19271 W. Wekiwa Road.
Both improvements carry CG (Commercial General) zoning, which permits many light-industrial uses. The property is near the 177th West Avenue exit on Highway 412, approximately 6 miles west of Sand Springs and a 20-minute drive from Tulsa. The residence is addressed at 19215 W. Wekiwa Road; the industrial building is at 19271 W. Wekiwa Road.
Key Highlights
- 7,225‑square‑foot industrial building paired with a 1,967‑square‑foot single‑family home
- Fully air‑conditioned industrial space with heavy power
- Pitched‑roof building with 10‑to‑16‑foot ceiling heights
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,934
Cap Rate
7.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$978,680
$978.7K
Cap Rate 7%
$699,057
$699.1K
Cap Rate 9%
$543,711
$543.7K
Market Conditions
NOI Build-Up for 9,192 SF
Gross rent
$71.7K $7.80/SF
− Vacancy
−$1.8K −$0.20/SF
EGI
$69.9K $7.60/SF
− OpEx
−$21.0K −$2.28/SF
NOI
$48.9K $5.32/SF
Area
Tulsa County, OK
Vacancy
2.50%
Lease Rate
$7.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$978,680
Cap Rate 7%
$699,057
Cap Rate 9%
$543,711
Alternative Uses
Best Use
Mixed Use
$1.20M
$1.05M – $1.40M
NOI $83,762 @ 7.0% cap · market cap 12.32%
Second Best
Industrial
$699.1K
$611.7K – $815.6K
NOI $48,934 @ 7.0% cap · market cap 7.20%
Theoretical Best
Office A
$2.07M
$1.81M – $2.42M
NOI $145,014 @ 7.0% cap · market cap 21.33%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
10 ft
Clear height
Yes
Heavy power
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
6
Businesses Nearby
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Business Placement
Demographics for 74063, OK
30,630
Population
12,823
Households
2.4
Avg Household Size
42
Median Age
24%
College-Educated
91%
High-School Grad
129.8 sq mi
ZIP Area
236
Density / Sq Mi
$71,569
Median Household Income
$41,815
Median Earnings
$989
Median Rent
$187,500
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - CG zoning applies to both the industrial building and the included single-family residence.
Where is this mixed-use property located?
The property is located at 19271 W Wekiwa Road Sand Springs, OK.
What is the asking price?
The asking price for this property is $680,000.
What are key features of this property?
This property features: 7,225‑square‑foot industrial building paired with a 1,967‑square‑foot single‑family home; Fully air‑conditioned industrial space with heavy power; Pitched‑roof building with 10‑to‑16‑foot ceiling heights
