Office Building with Flex
8560 E 131st Street S Bixby, OK 74008
For Sale
$365,000
Pending
COMMERCIAL - Bixby, OK
Property Size1,353 SF
Lot Size0.50 Acres
Days on Market48
Property Features for 8560 E 131st Street S
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
CS
Parking features
Paved or Surfaced
Interior features
Smoke Detector
Fencing
Chain Link, Privacy
Standard status
Pending
APN
97312-73-12-49900
Size
1,353 SF
Lot size
0.50 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
E181.5 W/2 NE NE NW LESS BEG 2218.24E NWC TH S264.0 W82.50 S396.0 E181.50 N660.00 W TO POB SEC 12 17 13
Tax Annual Amount
3334
Utilities
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1950
Flooring type
Vinyl
Building materials
Brick
Roof type
Composition
Listing Agency:
Chinowth & Cohen
(918) 943-3009
Listed By:
Heidi Paselk · License #160559
(918) 392-0900
Added: Jun 12
Changed: Jul 27
Last Checked: Jul 29 at 2:06PM
MLS# 2621482
Copyright © 2026 MLS Technology, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This property features an office building set on a paved lot, offering a practical mix of dedicated office space and flexible areas. The interior includes an entry and reception area, four offices/conference rooms, a full bathroom, a kitchen, and a flex area. Additional space is provided at the rear with an extended porch/sun room, and the property also includes an underground tornado shelter.
Located just east of Memorial Drive, the site provides approximately 100 feet of road frontage along 131st Street South in Bixby. On-site parking is paved at the front of the building. The total lot size is just over a half acre, creating room to consider parking and building expansion depending on the intended use.
With zoning identified as CS, the building is positioned for a range of business uses, including office occupancy, and may also support other commercial applications subject to local requirements. The existing layout supports professional operations that need multiple private rooms and a reception area, while the flex space can accommodate additional functions within the same facility.
Located just east of Memorial Drive, the site provides approximately 100 feet of road frontage along 131st Street South in Bixby. On-site parking is paved at the front of the building. The total lot size is just over a half acre, creating room to consider parking and building expansion depending on the intended use.
With zoning identified as CS, the building is positioned for a range of business uses, including office occupancy, and may also support other commercial applications subject to local requirements. The existing layout supports professional operations that need multiple private rooms and a reception area, while the flex space can accommodate additional functions within the same facility.
Key Highlights
- 100 ft of road frontage along E 131st St in Bixby, just east of Memorial Dr
- Over a half‑acre lot with paved front parking, with room to expand the building or add parking
- Building layout includes entry/reception, 4 offices/conference rooms, full bathroom, kitchen, and flex area
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 | $25.3k | $18.72 |
| − Vacancy | −$3.1k | −$2.28 |
| EGI | $22.2k | $16.44 |
| − OpEx | −$5.6k | −$4.11 |
| NOI | $16.7k | $12.33 |
1,353 SF · lease $18.72/SF/yr · vacancy 12.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$238.3K
$208.5K – $278.0K
NOI $16,679 @ 7.0% cap · market cap 4.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$304.9K
$266.8K – $355.8K
NOI $21,345 @ 7.0% cap · market cap 5.85%
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 units - Office suite on a paved half-acre lot with road frontage, flexible interior layout, and tornado shelter.
Where is this office units located?
The property is located at 8560 E 131st Street S Bixby, OK.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: 100 ft of road frontage along E 131st St in Bixby, just east of Memorial Dr; Over a half‑acre lot with paved front parking, with room to expand the building or add parking; Building layout includes entry/reception, 4 offices/conference rooms, full bathroom, kitchen, and flex area
