Commercial Flex
8198 E 46th Street S, Tulsa, OK 74145
For Sale
Contact for pricing
The property offers space for warehouse, storage, light industrial, or business operations, subject to zoning approval.
Property Size4,000 SF
Price / SF$136.25
Days on Market10
Property Features for 8198 E 46th Street S
General Information
Standard status
Size
Property subtype
Listing Agency:
Coldwell Banker Select Real Estate Tulsa
Listed By:
Farah Dib · License #OK
(918) 852-3393
Source:
Crexi
Added: Oct 31
Changed: Nov 8
Last Checked: Nov 8 at 4:39PM
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 Coldwell Banker Select Real Estate Tulsa
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Investment Insights
Based on property information with market context.
This Tulsa flex property contains approximately 4,000 CH square feet. The space may accommodate light industrial, warehouse, storage, or other business operations, subject to zoning approval.
The property is located at 8198 E 46th Street S in Tulsa, Oklahoma.
The property is located at 8198 E 46th Street S in Tulsa, Oklahoma.
Key Highlights
- Approximately 4000 CH square feet
- Potential for light industrial, warehouse, storage, or business operations, subject to zoning approval
- Located at 8198 E 46th Street S in Tulsa
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,350
Cap Rate
4.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$467,000
$467.0K
Cap Rate 7%
$333,571
$333.6K
Cap Rate 9%
$259,444
$259.4K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$28.3K $7.08/SF
− Vacancy
−$850 −$0.21/SF
EGI
$27.5K $6.87/SF
− OpEx
−$4.1K −$1.03/SF
NOI
$23.3K $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%
$467,000
Cap Rate 7%
$333,571
Cap Rate 9%
$259,444
Alternative Uses
Best Use
Warehouse
$333.6K
$291.9K – $389.2K
NOI $23,350 @ 7.0% cap · market cap 4.28%
Second Best
Flex RnD
$296.4K
$259.4K – $345.8K
NOI $20,748 @ 7.0% cap · market cap 3.81%
Theoretical Best
Office A
$853.1K
$746.5K – $995.3K
NOI $59,720 @ 7.0% cap · market cap 10.96%
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
1,180
Businesses Nearby
Under-served
Demand for This Use
Explore this area
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
$160,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in Tulsa, OK
Properties on Market for Flex space in Tulsa
Vacancy Rate% for Industrial in Tulsa, OK
Frequently Asked Questions
What type of property is this?
Flex space - The property offers space for warehouse, storage, light industrial, or business operations, subject to zoning approval.
Where is this flex space located?
The property is located at 8198 E 46th Street S Tulsa, OK.
What is the asking price?
The asking price for this property is $545,000.
What are key features of this property?
This property features: Approximately 4000 CH square feet; Potential for light industrial, warehouse, storage, or business operations, subject to zoning approval; Located at 8198 E 46th Street S in Tulsa
