Two-Building Flex and Warehouse
2215 N Sheridan Road Tulsa, OK 74115
2215 N Sheridan Road, Tulsa, OK, 74115
Contact for pricing
For Sale
Contact for pricing
Secured, paved commercial property on 4.25 acres with a two-story office building and a warehouse with garage-style space.
Property Size5,820 SF
Lot Size4.25 Acres
Price / SF$154.64
Days on Market39
Property Features for 2215 N Sheridan Road
General Information
- Standard status
- Active
- Size
- 5,820 SF
- Lot size
- 4.25 Acres
- Property subtype
- Industrial, Office
Building Details
- Year Built
- 2003
Listing agency
C21/First Choice Realty
Listed by
Myrinda Morgan · License #205224
Source
Crexi
Added: Jun 13 Updated: Jul 21 at 2:16PM Checked: Jul 21 at 2:16PM
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 C21/First Choice Realty
Investment Insights
Based on property information with market context.
This two-building commercial site is set on 4.25 acres and includes a two-story structure with office space plus a separate warehouse-style building offering interior storage and garage-style accommodations. The grounds are fully secured, with an electric gate opener controlling access, and an expansive paved lot supports convenient on-site operations.
The property is located along Sheridan Road in Tulsa, OK and provides access to public transit with a bus station just steps away. Surrounding amenities include Tulsa MET Junior High and High School, Mike Patrick Park, and the Warehouse Market grocery store.
With office space in the two-story building and flexible storage and garage-style space in the second building, the property is configured to support mixed administrative and operational needs on a larger acreage parcel.
The property is located along Sheridan Road in Tulsa, OK and provides access to public transit with a bus station just steps away. Surrounding amenities include Tulsa MET Junior High and High School, Mike Patrick Park, and the Warehouse Market grocery store.
With office space in the two-story building and flexible storage and garage-style space in the second building, the property is configured to support mixed administrative and operational needs on a larger acreage parcel.
Key Highlights
- Secured commercial site on 4.25 acres with electric gate opener and fully secured grounds
- Two distinct buildings: a two‑story office building plus a second building with interior storage and garage‑style space
- Expansive paved lot for parking and vehicle access for staff, clients, and commercial vehicles
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 | $104.8k | $18.00 |
| − Vacancy | −$15.2k | −$2.61 |
| EGI | $89.6k | $15.39 |
| − OpEx | −$22.4k | −$3.85 |
| NOI | $67.2k | $11.54 |
5,820 SF · lease $18.00/SF/yr · vacancy 14.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$959.7K
$839.7K – $1.12M
NOI $67,177 @ 7.0% cap · market cap 7.46%
Second Best
Warehouse
$485.3K
$424.7K – $566.2K
NOI $33,974 @ 7.0% cap · market cap 3.77%
Theoretical Best
Office A
$1.24M
$1.09M – $1.45M
NOI $86,892 @ 7.0% cap · market cap 9.65%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Morgan Towing & Recovery
Auto Repair Shop
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Secured, paved commercial property on 4.25 acres with a two-story office building and a warehouse with garage-style space.
Where is this flex space located?
The property is located at 2215 N Sheridan Road Tulsa, OK.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Secured commercial site on 4.25 acres with electric gate opener and fully secured grounds; Two distinct buildings: a two‑story office building plus a second building with interior storage and garage‑style space; Expansive paved lot for parking and vehicle access for staff, clients, and commercial vehicles
