Tulsa Office Space For
5912 E 31st Street Tulsa, OK 74135
5912 E 31st Street, Tulsa, OK, 74135
$179,000
For Sale
$179,000
COMMERCIAL - Tulsa, OK
Property Size480 SF
Lot Size0.28 Acres
Price / SF$372.92
Days on Market158
Property Features for 5912 E 31st Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- OL
- Interior features
- 9' Ceiling Height
- Standard status
- Active
- APN
- 23800-93-22-03070
- Size
- 480 SF
- Lot size
- 0.28 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LOT 11 BLOCK 1 LORRAINE HEIGHTS
- Tax Annual Amount
- 2462
Building Details
- Year built
- 1990
- Flooring type
- Concrete
- Building materials
- Steel
- Roof type
- Metal
Listing Agency
Keller Williams Preferred
(918) 496-2252
4745 E 91st Ste 100, Tulsa, OK
Listed by
Lydia Thomas · License #208454
(918) 496-2252
Added: Feb 9 Checked: Jul 17 at 7:06 pm
MLS# 2604406
Copyright © 2026 MLS Technology, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial space in Tulsa, OK, offers approximately 480 square feet of office space suitable for low-intensity office uses. Potential uses include administrative offices, professional services, physical therapy, or an IV clinic; however, buyers should verify permitted uses with the city. Situated on a busy street, the property benefits from excellent visibility and exposure. It is an option for a small business or startup seeking a professional office in a high-traffic area. The lot size is 0.276 acres. Additional features include a thick metal fence with a slide gate and access gate. The building has spray foam insulation. Buyers are responsible for verifying zoning, permitted uses, and all property information with the city.
Key Highlights
- Excellent visibility and exposure on a very busy street.
- Approximately 480 sq ft of office space suitable for various low‑intensity office uses.
- All utilities are available.
Local 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
—
—
no second resolved use
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - 480 SF office space in high-traffic Tulsa location.
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: Excellent visibility and exposure on a very busy street.; Approximately 480 sq ft of office space suitable for various low‑intensity office uses.; All utilities are available.
