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Industrial Space with Two-Story Office

5816 S 116th W Ave Sand Springs, OK

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Industrial property featuring a two-story office area.

Type:INDUSTRIAL
Property size:
18,529 SF
Lot size:
1.26 Acres
Price / SF:
$75/SF
Added:
Sep 10, 2025
Days on Market:
305
Last Refresh:
May 20 at 8:19 pm

Property Features for 5816 S 116th W Ave

General Information

Standard status
Active
Size
18,529 SF
Lot size
1.26 Acres
Property subtype
INDUSTRIAL

Properties For Sale

at 5816 S 116th W Ave Contact us

Listing office Chinowth & Cohen - Bixby

Listing date Sep 10, 2025

Source Moodyscre

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 Chinowth & Cohen - Bixby


Investment Insights

Based on property information with market context.

This industrial property includes a two-story office area totaling approximately 4,128 square feet. The office space features 11 private and executive offices, a reception area, and a conference room. It also includes a breakroom kitchenette, with an additional coffee bar and kitchenette on the second floor, and three restrooms. All offices are wired for technology and security systems, and many include two wall-mounted computer monitors. Office finishes consist of vinyl and ceramic tile floor coverings and painted sheetrock walls. The office and breakroom furnishings are negotiable. The total property size is 18,529 square feet.

Key Highlights

  • Flexible pricing offered by the owners.
  • Large office area of approximately 4,128 square feet.
  • Includes 11 private and executive offices.

Local Financial Insights For Industrial

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 $144.5k $7.80
− Vacancy −$3.6k −$0.20
EGI $140.9k $7.60
− OpEx −$42.3k −$2.28
NOI $98.6k $5.32
18,529 SF · lease $7.80/SF/yr · vacancy 2.50% · expense 30.00%

Alternative Uses

Best Use
Industrial
$1.41M
$1.23M – $1.64M (±1% cap)
NOI $98,639 @ 7.0% cap · market cap 7.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.18M
$3.65M – $4.87M (±1% cap)
NOI $292,315 @ 7.0% cap · market cap 20.95%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Industrial properties

FAQs

What type of property is this?
Industrial property - Industrial property featuring a two-story office area.
Where is this industrial property located?
The property is located at 5816 S 116th W Ave Sand Springs, OK.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: Flexible pricing offered by the owners.; Large office area of approximately **4,128 square feet.**; Includes **11 private and executive offices.**
Contact an agent
(918) 710-1704 Call to check price and availability
More about this property
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