Tulsa Office Building For
6940 S Utica Ave Tulsa, OK
For Sale
Contact for pricing
One-story office building featuring unique conference room and reception area.
Property Size7,187 SF
Lot Size0.62 Acres
Price / SF$135.66
Days on Market246
Property Features for 6940 S Utica Ave
General Information
Standard status
Active
Size
7,187 SF
Lot size
0.62 Acres
Property subtype
OFFICE
Listing Agency:
McGraw Commercial Properties | Tulsa
(832) 689-7095
Listed By:
Kalvin Burghoff · License ##72008
(832) 689-7095
Source:
Moodyscre
Added: Nov 25, 2025
Changed: Jul 6
Last Checked: Jul 22 at 3:39AM
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 McGraw Commercial Properties | Tulsa
Investment Insights
Based on property information with market context.
This one-story brick office building features a red iron steel frame, bar joist, and metal decking. The flat roof is constructed with a four-ply ballasted asphalt system. The property includes an irrigation system. Inside, there are fourteen rooms with built-ins, along with a central computer server room. The executive area features 9-foot high doors with brass hardware. A kitchen is equipped with a refrigerator and dishwasher. There are six toilets, one urinal, one shower, and five sinks located in five rooms. The property also includes a unique conference room and reception area. The building has a total size of 7187 square feet and is located in Tulsa, OK.
Key Highlights
- One‑story brick building with red iron steel frame and flat roof.
- Fourteen rooms with built‑ins.
- Central Computer Server room.
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 | $129.4k | $18.00 |
| − Vacancy | −$18.8k | −$2.61 |
| EGI | $110.6k | $15.39 |
| − OpEx | −$27.7k | −$3.85 |
| NOI | $83.0k | $11.54 |
7,187 SF · lease $18.00/SF/yr · vacancy 14.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.19M
$1.04M – $1.38M
NOI $82,956 @ 7.0% cap · market cap 8.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.53M
$1.34M – $1.79M
NOI $107,301 @ 7.0% cap · market cap 11.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - One-story office building featuring unique conference room and reception area.
Where is this office building located?
The property is located at 6940 S Utica Ave Tulsa, OK.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: One‑story brick building with red iron steel frame and flat roof.; Fourteen rooms with built‑ins.; Central Computer Server room.
