Industrial
6240 E 15th St, Tulsa, OK 74112
For Sale
Contact for pricing
The property is situated on E 15th St in Tulsa.
Property Size89,160 SF
Price / SF$145.75
Days on Market9
Property Features for 6240 E 15th St
General Information
Standard status
Size
Property subtype
Listing Agency:
Price Edwards & Company - Tulsa
(918) 394-1000
Listed By:
Josh Love · License OK #182900
(918) 978-2428
Source:
Moodyscre
Added: Nov 5
Changed: Nov 8
Last Checked: Nov 12 at 8:19AM
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 Price Edwards & Company - Tulsa
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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 property contains 89,160 square feet. It is located at 6240 E 15th St in Tulsa, Oklahoma.
Key Highlights
- 89,160‑square‑foot industrial property
- Located at 6240 E 15th St in Tulsa, Oklahoma
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$428,621
Cap Rate
3.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,572,420
$8.6M
Cap Rate 7%
$6,123,157
$6.1M
Cap Rate 9%
$4,762,456
$4.8M
Market Conditions
NOI Build-Up for 89,160 SF
Gross rent
$631.3K $7.08/SF
− Vacancy
−$18.9K −$0.21/SF
EGI
$612.3K $6.87/SF
− OpEx
−$183.7K −$2.06/SF
NOI
$428.6K $4.81/SF
Area
Tulsa, OK
Vacancy
3.00%
Lease Rate
$7.08 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,572,420
Cap Rate 7%
$6,123,157
Cap Rate 9%
$4,762,456
Alternative Uses
Best Use
Industrial
$6.12M
$5.36M – $7.14M
NOI $428,621 @ 7.0% cap · market cap 3.30%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$19.02M
$16.64M – $22.19M
NOI $1,331,152 @ 7.0% cap · market cap 10.24%
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
Location Intelligence
Trade Area within ½ mile
715
Businesses Nearby
Explore this area
Business Placement
Demographics for 74112, OK
20,810
Population
10,524
Households
2
Avg Household Size
38
Median Age
27%
College-Educated
87%
High-School Grad
6.8 sq mi
ZIP Area
3,060
Density / Sq Mi
$55,848
Median Household Income
$37,151
Median Earnings
$1,024
Median Rent
$149,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Industrial properties in Tulsa, OK
Properties on Market for Industrial properties in Tulsa
Vacancy Rate% for Industrial in Tulsa, OK
Frequently Asked Questions
What type of property is this?
Industrial property - The property is situated on E 15th St in Tulsa.
Where is this industrial property located?
The property is located at 6240 E 15th St Tulsa, OK.
What is the asking price?
The asking price for this property is $12,995,000.
What are key features of this property?
This property features: 89,160‑square‑foot industrial property; Located at 6240 E 15th St in Tulsa, Oklahoma
