Three-Suite Office
For Sale
$1,650,000
6810 E 121st St S, Bixby, OK 74008
Three separately configured suites include private offices, meeting rooms, kitchen areas, and shared building amenities.
Property Size7,676 SF
Price / SF$214.96
Days on Market14
Property Features for 6810 E 121st St S
General Information
Standard status
Active
Size
7,676 SF
Elevators
Yes
Additional Details
Office Units
3
Property Use
Office
Taxes and HOA fees
Annual Taxes
$21,623
Amenities
10' ceilings
plantation shutters
alarm system
ceiling fans
bookcases
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
Chinowth & Cohen
(918) 259-0000
Listed By:
Missy Hagin-Pittman · License #146958
(918) 955-8626
Source:
Exprealty
Added: Oct 20
Changed: Oct 28
Last Checked: Nov 1 at 10:43AM
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
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Investment Insights
Based on property information with market context.
This 7,676-square-foot office building is arranged as three suites, with two on the ground floor and one upstairs. Each suite includes offices, a conference room, and a kitchen. Building features include an elevator, 10-foot ceilings, an upstairs reception area, and men’s and women’s public restrooms with three stalls each, along with half bathrooms and copy rooms.
Interior details include plantation shutters, ceiling fans in each office, bookcases, and a mix of carpet, wood, and travertine flooring. The property also has an alarm system. A new roof and new interior and exterior paint are noted.
Interior details include plantation shutters, ceiling fans in each office, bookcases, and a mix of carpet, wood, and travertine flooring. The property also has an alarm system. A new roof and new interior and exterior paint are noted.
Key Highlights
- 7,676‑square‑foot office building with three suites: two downstairs and one upstairs
- Each suite has offices, a conference room, and a kitchen
- Elevator and 10‑foot ceilings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$94,623
Cap Rate
5.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,892,460
$1.9M
Cap Rate 7%
$1,351,757
$1.4M
Cap Rate 9%
$1,051,367
$1.1M
Market Conditions
NOI Build-Up for 7,676 SF
Gross rent
$143.7K $18.72/SF
− Vacancy
−$17.5K −$2.28/SF
EGI
$126.2K $16.44/SF
− OpEx
−$31.5K −$4.11/SF
NOI
$94.6K $12.33/SF
Area
Tulsa County, OK
Vacancy
12.20%
Lease Rate
$18.72 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,892,460
Cap Rate 7%
$1,351,757
Cap Rate 9%
$1,051,367
Alternative Uses
Best Use
Office B
$1.35M
$1.18M – $1.58M
NOI $94,623 @ 7.0% cap · market cap 5.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.73M
$1.51M – $2.02M
NOI $121,097 @ 7.0% cap · market cap 7.34%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
3
Office units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
169
Businesses Nearby
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Business Placement
Demographics for 74008, OK
31,745
Population
12,447
Households
2.6
Avg Household Size
36
Median Age
44%
College-Educated
95%
High-School Grad
74.3 sq mi
ZIP Area
427
Density / Sq Mi
$95,476
Median Household Income
$48,691
Median Earnings
$1,302
Median Rent
$303,200
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Three separately configured suites include private offices, meeting rooms, kitchen areas, and shared building amenities.
Where is this office building located?
The property is located at 6810 E 121st St S Bixby, OK.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: 7,676‑square‑foot office building with three suites: two downstairs and one upstairs; Each suite has offices, a conference room, and a kitchen; Elevator and 10‑foot ceilings
