Office Suite with Private
For Sale
Contact for pricing
551 N 28th West Ave, Tulsa, OK 74127
Office space includes multiple private offices, bathroom, storeroom, and a mini-kitchenette with ample parking.
Property Size2,275 SF
Price / SF$0.79
Days on Market324
Property Features for 551 N 28th West Ave
General Information
Standard status
Active
Size
2,275 SF
Listing Agency:
Soaring Eagle Realty LLC
Listed By:
Kay Hoskison · License #202559
(918) 900-4980
Source:
Exprealty
Added: Dec 2, 2025
Changed: Oct 9
Last Checked: Oct 21 at 12:21AM
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 Soaring Eagle 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 versatile office space is configured with multiple private offices along with a bathroom, storeroom, and mini-kitchenette. The property also offers ample parking to support daily client and employee access.
The location is described as approximately 5 minutes from downtown Tulsa and within walking distance of Central High School.
Available May 2026.
The location is described as approximately 5 minutes from downtown Tulsa and within walking distance of Central High School.
Available May 2026.
Key Highlights
- Office space with multiple private offices for counseling, therapist, law, or accounting use
- Includes a bathroom, storeroom, and mini‑kitchenette
- Ample parking available on‑site
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,259
Suggested Prices Based on Cap Rates
Cap Rate 5%
$525,180
$525.2K
Cap Rate 7%
$375,129
$375.1K
Cap Rate 9%
$291,767
$291.8K
Market Conditions
NOI Build-Up for 2,275 SF
Gross rent
$41.0K $18.00/SF
− Vacancy
−$5.9K −$2.61/SF
EGI
$35.0K $15.39/SF
− OpEx
−$8.8K −$3.85/SF
NOI
$26.3K $11.54/SF
Area
Tulsa, OK
Vacancy
14.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$525,180
Cap Rate 7%
$375,129
Cap Rate 9%
$291,767
Alternative Uses
Best Use
Office B
$375.1K
$328.2K – $437.7K
NOI $26,259 @ 7.0% cap · market cap 1,458.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$485.2K
$424.6K – $566.1K
NOI $33,966 @ 7.0% cap · market cap 1,887.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
179
Businesses Nearby
Explore this area
Business Placement
Demographics for 74127, OK
15,669
Population
7,474
Households
2.1
Avg Household Size
40
Median Age
23%
College-Educated
85%
High-School Grad
21.3 sq mi
ZIP Area
736
Density / Sq Mi
$47,287
Median Household Income
$29,981
Median Earnings
$955
Median Rent
$120,600
Median Home Value
Market
Vacancy Rate% for Office in Tulsa, OK
Frequently Asked Questions
What type of property is this?
Office building - Office space includes multiple private offices, bathroom, storeroom, and a mini-kitchenette with ample parking.
Where is this office building located?
The property is located at 551 N 28th West Ave Tulsa, OK.
What are key features of this property?
This property features: Office space with multiple private offices for counseling, therapist, law, or accounting use; Includes a bathroom, storeroom, and mini‑kitchenette; Ample parking available on‑site
