Office and Warehouse Flex
315 Alta Oologah, OK 74053
315 Alta, Oologah, OK, 74053
$250,000
For Sale
$250,000
Two-building flex setup with office space and a metal workshop featuring two overhead doors on a concrete slab.
Property Size1,960 SF
Lot Size0.39 Acres
Price / SF$127.55
Days on Market118
Property Features for 315 Alta
General Information
- Standard status
- Active
- Size
- 1,960 SF
- Lot size
- 0.39 Acres
Listing agency
We Connect Oklahoma LLC
(918) 671-2694
Listed by
Marc S Bullock
(918) 671-2694
Source
Exprealty
Added: Mar 27 Updated: Jul 22 at 6:37AM Checked: Jul 22 at 6:37AM
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 We Connect Oklahoma LLC
Investment Insights
Based on property information with market context.
This corner-lot flex property includes two buildings designed to combine office and warehouse functionality. The main building provides multiple private entrances plus a reception room, conference room, several private offices, workroom and bullpen/work area, along with a kitchenette with full-size refrigerator. An IT closet and restroom are already in place, and a second restroom or mop sink/utility room is available with plumbing already completed. A newer metal building workshop measures approximately 30’ x 50’ (per County) and includes insulation, a dedicated electrical panel, and two overhead doors on a concrete slab.
The property is positioned for quick access to Highway 169 and is near the Town of Oologah and Oologah Lake, with Collinsville and Owasso also noted as nearby. Tulsa International Airport is listed as less than 30 minutes away.
The combined layout supports adaptable floorplan use across the office and work areas, with a newer metal roof and vinyl windows reported for quick move-in readiness and energy efficiency.
The property is positioned for quick access to Highway 169 and is near the Town of Oologah and Oologah Lake, with Collinsville and Owasso also noted as nearby. Tulsa International Airport is listed as less than 30 minutes away.
The combined layout supports adaptable floorplan use across the office and work areas, with a newer metal roof and vinyl windows reported for quick move-in readiness and energy efficiency.
Key Highlights
- Two buildings on a corner lot of approx. 0.39 acres (per County)
- Main building includes 1,960 SF (per County) with multiple private entrances for customers and employees
- Office layout features reception, conference room, several private offices, workroom/bullpen, kitchenette, IT closet, and restroom
Local Financial Insights For Warehouse
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 | $16.5k | $8.40 |
| − Vacancy | −$741 | −$0.38 |
| EGI | $15.7k | $8.02 |
| − OpEx | −$2.4k | −$1.20 |
| NOI | $13.4k | $6.82 |
1,960 SF · lease $8.40/SF/yr · vacancy 4.50% · expense 15.00%
Alternative Uses
Best Use
Healthcare Medical
$392.9K
$343.8K – $458.4K
NOI $27,501 @ 7.0% cap · market cap 11.00%
Second Best
Office B
$369.3K
$323.1K – $430.8K
NOI $25,849 @ 7.0% cap · market cap 10.34%
Theoretical Best
Specialty Retail
$490.9K
$429.5K – $572.7K
NOI $34,363 @ 7.0% cap · market cap 13.75%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
FAQs
What type of property is this?
Flex space - Two-building flex setup with office space and a metal workshop featuring two overhead doors on a concrete slab.
Where is this flex space located?
The property is located at 315 Alta Oologah, OK.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Two buildings on a corner lot of approx. 0.39 acres (per County); Main building includes 1,960 SF (per County) with multiple private entrances for customers and employees; Office layout features reception, conference room, several private offices, workroom/bullpen, kitchenette, IT closet, and restroom
