Office Unit with Gated
For Sale
$179,000
5912 E 31st Street, Tulsa, OK 74135
Compact office space with utilities available, street exposure, and a secured fenced entrance.
Property Size480 SF
Price / SF$372.92
Days on Market174
Property Features for 5912 E 31st Street
General Information
Standard status
Active
Size
480 SF
Property subtype
Commercial
Site & Location
Road Access
Yes
Utilities to Site
Yes
Amenities
thick metal fence with slide gate and access gate
spray foam insulation
Building Details
Building Size
480 SF
Year Built
1990
Listing Agency:
Keller Williams Preferred
(918) 851-8492
Listed By:
Lydia Thomas · License #208454
(918) 851-8492
Source:
Eufaulaproperties
Added: Feb 9
Changed: Jul 31
Last Checked: Aug 1 at 12:37PM
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 Keller Williams Preferred
Investment Insights
Based on property information with market context.
This office unit provides approximately 480 square feet in a 20-by-24-foot configuration, with all utilities available. The space is positioned for low-intensity office uses, including administrative office, professional services, physical therapy, or an IV clinic, subject to buyer verification of zoning and permitted uses. The building was constructed in 1990 and features spray foam insulation.
Located at 5912 E 31st Street in Tulsa, Oklahoma, the property fronts a very busy street and offers exposure for a small office operation. Site improvements include a thick metal fence with a slide gate and access gate.
Located at 5912 E 31st Street in Tulsa, Oklahoma, the property fronts a very busy street and offers exposure for a small office operation. Site improvements include a thick metal fence with a slide gate and access gate.
Key Highlights
- Approximately 480 square feet of office space in a 20x24‑foot configuration
- All utilities available
- Located on a very busy street at 5912 E 31st Street, Tulsa, OK 74135
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 | $8.6k | $18.00 |
| − Vacancy | −$1.3k | −$2.61 |
| EGI | $7.4k | $15.39 |
| − OpEx | −$1.8k | −$3.85 |
| NOI | $5.5k | $11.54 |
480 SF · lease $18.00/SF/yr · vacancy 14.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$79.1K
$69.3K – $92.3K
NOI $5,540 @ 7.0% cap · market cap 3.09%
Second Best
Healthcare Medical
$77.2K
$67.6K – $90.1K
NOI $5,405 @ 7.0% cap · market cap 3.02%
Theoretical Best
Office A
$102.4K
$89.6K – $119.4K
NOI $7,166 @ 7.0% cap · market cap 4.00%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
616
Businesses Nearby
Explore this area
Business Placement
Demographics for 74135, OK
20,173
Population
10,855
Households
1.9
Avg Household Size
40
Median Age
47%
College-Educated
95%
High-School Grad
6.1 sq mi
ZIP Area
3,307
Density / Sq Mi
$60,942
Median Household Income
$43,835
Median Earnings
$900
Median Rent
$230,700
Median Home Value
Market
Vacancy Rate% for Office in Tulsa, OK
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Compact office space with utilities available, street exposure, and a secured fenced entrance.
Where is this office units located?
The property is located at 5912 E 31st Street Tulsa, OK.
What is the asking price?
The asking price for this property is $179,000.
What are key features of this property?
This property features: Approximately 480 square feet of office space in a 20x24‑foot configuration; All utilities available; Located on a very busy street at 5912 E 31st Street, Tulsa, OK 74135
