Office-Forward Flex
For Sale
$775,000
7446 E 46th, Tulsa, OK 74145
A varied office and warehouse layout includes dedicated meeting, training, storage, and break areas.
Property Size4,800 SF
Price / SF$161.46
Days on Market113
Property Features for 7446 E 46th
General Information
Standard status
Active
Size
4,800 SF
Property subtype
Industrial
Additional Details
Property Use
Warehouse
Amenities
private offices
training/workshop rooms
conference room
storage areas
bathrooms with shower
kitchen/break room
tornado shelter
updated data and communication cabling
Building Details
Year Built
1973
Listing Agency:
Platinum Realty, LLC.
(888) 220-0988
Listed By:
Jose R Lopez-Saldivar
(918) 693-7885
Source:
Spiritrealtygroup
Added: Jul 13
Changed: Nov 1
Last Checked: Nov 1 at 3:34PM
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 Platinum Realty, LLC.
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Investment Insights
Based on property information with market context.
This 4,800-square-foot flex property combines more than six private offices with training and workshop rooms, a conference room, and two storage areas. Three bathrooms serve the building, including one with a shower. A kitchen and break room, plus warehouse space for operations or inventory, round out the interior. The property was built in 1973.
Recent work includes a new roof, fresh paint, replacement flooring throughout, and updated data and communications cabling. Parking is available at both the front and rear of the building, and a tornado shelter is on site.
Recent work includes a new roof, fresh paint, replacement flooring throughout, and updated data and communications cabling. Parking is available at both the front and rear of the building, and a tornado shelter is on site.
Key Highlights
- 4,800‑square‑foot flex property with warehouse space
- More than six private offices, plus training/workshop rooms and a conference room
- Two storage areas and three bathrooms; one bathroom includes a shower
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,020
Cap Rate
3.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$560,400
$560.4K
Cap Rate 7%
$400,286
$400.3K
Cap Rate 9%
$311,333
$311.3K
Market Conditions
NOI Build-Up for 4,800 SF
Gross rent
$34.0K $7.08/SF
− Vacancy
−$1.0K −$0.21/SF
EGI
$33.0K $6.87/SF
− OpEx
−$4.9K −$1.03/SF
NOI
$28.0K $5.84/SF
Area
Tulsa, OK
Vacancy
3.00%
Lease Rate
$7.08 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$560,400
Cap Rate 7%
$400,286
Cap Rate 9%
$311,333
Alternative Uses
Best Use
Warehouse
$400.3K
$350.3K – $467.0K
NOI $28,020 @ 7.0% cap · market cap 3.62%
Second Best
Flex RnD
$355.7K
$311.2K – $415.0K
NOI $24,898 @ 7.0% cap · market cap 3.21%
Theoretical Best
Office A
$1.02M
$895.8K – $1.19M
NOI $71,664 @ 7.0% cap · market cap 9.25%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,250
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 74145, OK
18,055
Population
8,523
Households
2.1
Avg Household Size
36
Median Age
27%
College-Educated
90%
High-School Grad
5.9 sq mi
ZIP Area
3,060
Density / Sq Mi
$55,118
Median Household Income
$37,021
Median Earnings
$1,039
Median Rent
$160,700
Median Home Value
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Market
Vacancy Rate% for Industrial in Tulsa, OK
Similar Off Market Nearby
- Tulsa Catering Services — 4864 S 71st E Ave, Tulsa, OK 74145
Frequently Asked Questions
What type of property is this?
Flex space - A varied office and warehouse layout includes dedicated meeting, training, storage, and break areas.
Where is this flex space located?
The property is located at 7446 E 46th Tulsa, OK.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: 4,800‑square‑foot flex property with warehouse space; More than six private offices, plus training/workshop rooms and a conference room; Two storage areas and three bathrooms; one bathroom includes a shower
