Tulsa Commercial Investment
6943 E 12th Street Tulsa, OK 74112
6943 E 12th Street, Tulsa, OK, 74112
$1,000,000
For Sale
$1,000,000
COMMERCIAL - Tulsa, OK
Property Size13,000 SF
Lot Size0.69 Acres
Price / SF$76.92
Days on Market110
Property Features for 6943 E 12th Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Zoning
- 3785093110
- Interior features
- Mini-Kitchen
- Exterior features
- Lighting
- Standard status
- Active
- Size
- 13,000 SF
- Lot size
- 0.69 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- LOT 12 BLOCK 2 SHERIDAN INDUSTRIAL DISTRICT
- Tax Annual Amount
- 9260
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1996
- Building materials
- Frame
Listing Agency
Keller Williams Preferred
(918) 496-2252
4745 E 91st Ste 100, Tulsa, OK
Listed by
Greta Archibald · License #210111
(918) 496-2252
Added: Mar 30 Checked: Jul 17 at 4:06 pm
MLS# 2611166
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Investment Insights
Based on property information with market context.
This commercial property in Tulsa, OK, presents an investment opportunity with 13,000 total square feet across two buildings. Building 1 offers 8,000 square feet of office space, featuring two stories, a reception area, and handicap accessibility, suitable for single or multiple tenants. Building 2 provides 5,000 square feet of warehouse/storage space and is currently leased, generating immediate income. The property includes distribution loading access and on-site parking. Office furniture is negotiable. The layout is flexible for multiple uses. Situated on a 0.689-acre lot, this mixed-use property combines functionality, flexibility, and built-in revenue. It is zoned for commercial use (3785093110). This property is ideal for an owner-user or investor seeking immediate income.
Key Highlights
- 13,000 sq ft total across two buildings, including an 8,000 sq ft office and 5,000 sq ft warehouse/storage
- Immediate income from currently leased warehouse/storage building
- 8,000 sq ft office building suitable for owner‑user or multiple tenants
Local Financial Insights For Warehouse
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 | $92.0k | $7.08 |
| − Vacancy | −$2.8k | −$0.21 |
| EGI | $89.3k | $6.87 |
| − OpEx | −$13.4k | −$1.03 |
| NOI | $75.9k | $5.84 |
13,000 SF · lease $7.08/SF/yr · vacancy 3.00% · expense 15.00%
Alternative Uses
Best Use
Office B
$2.14M
$1.88M – $2.50M
NOI $150,053 @ 7.0% cap · market cap 15.01%
Second Best
Mixed Use
$1.75M
$1.54M – $2.05M
NOI $122,850 @ 7.0% cap · market cap 12.29%
Theoretical Best
Office A
$2.77M
$2.43M – $3.23M
NOI $194,089 @ 7.0% cap · market cap 19.41%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Two buildings with office and warehouse space, immediate income.
Where is this mixed-use property located?
The property is located at 6943 E 12th Street Tulsa, OK.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 13,000 sq ft total across two buildings, including an **8,000 sq ft office** and 5,000 sq ft warehouse/storage; Immediate income from currently leased warehouse/storage building; 8,000 sq ft office building suitable for owner‑user or multiple tenants