Seven-Unit Flex Investment
For Sale
$2,116,871
4466 S 74th, Tulsa, OK 74145
Fully leased flex space combines multiple units with recent improvements to the roof.
Property Size17,844 SF
Price / SF$118.63
Days on Market68
Property Features for 4466 S 74th
General Information
Standard status
Active
Size
17,844 SF
Property subtype
Industrial
Occupancy
100%
Additional Details
Cap Rate
7.5%
Tenant in Place
Yes
Property Use
Industrial/Flex
Building Details
Year Built
1972
Year Renovated
2023
Building Size
17,844 SF
Listing Agency:
Linked Realty LLC
(918) 924-7792
Listed By:
Deren Huang
(918) 693-1673
Source:
Spiritrealtygroup
Added: Aug 27
Changed: Nov 1
Last Checked: Nov 1 at 4:07PM
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 Linked Realty LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This industrial and flex property contains 17,844 square feet across 7 units and was built in 1972. Renovation work was completed in 2023, and a roof coating was applied in 2025 with a 10-year transferable warranty. The property is 100% occupied and has a 7.5% cap rate.
Key Highlights
- 17,844 SF across 7 units
- 100% occupied
- 7.5% cap rate
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$92,557
Cap Rate
4.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,851,140
$1.9M
Cap Rate 7%
$1,322,243
$1.3M
Cap Rate 9%
$1,028,411
$1.0M
Market Conditions
NOI Build-Up for 17,844 SF
Gross rent
$149.9K $8.40/SF
− Vacancy
−$7.5K −$0.42/SF
EGI
$142.4K $7.98/SF
− OpEx
−$49.8K −$2.79/SF
NOI
$92.6K $5.19/SF
Area
Tulsa, OK
Vacancy
5.00%
Lease Rate
$8.40 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,851,140
Cap Rate 7%
$1,322,243
Cap Rate 9%
$1,028,411
Alternative Uses
Best Use
Flex RnD
$1.32M
$1.16M – $1.54M
NOI $92,557 @ 7.0% cap · market cap 4.37%
Second Best
Industrial
$1.23M
$1.07M – $1.43M
NOI $85,782 @ 7.0% cap · market cap 4.05%
Theoretical Best
Office A
$3.81M
$3.33M – $4.44M
NOI $266,409 @ 7.0% cap · market cap 12.59%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,164
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 74145, OK
18,055
Population
8,523
Households
2.1
Avg Household Size
36
Median Age
27%
College-Educated
90%
High-School Grad
5.9 sq mi
ZIP Area
3,060
Density / Sq Mi
$55,118
Median Household Income
$37,021
Median Earnings
$1,039
Median Rent
$160,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Tulsa, OK
Similar Off Market Nearby
- Tulsa Catering Services — 4864 S 71st E Ave, Tulsa, OK 74145
Frequently Asked Questions
What type of property is this?
Flex space - Fully leased flex space combines multiple units with recent improvements to the roof.
Where is this flex space located?
The property is located at 4466 S 74th Tulsa, OK.
What is the asking price?
The asking price for this property is $2,116,871.
What are key features of this property?
This property features: 17,844 SF across 7 units; 100% occupied; 7.5% cap rate
