Warehouse on Commercial
For Sale
$995,000
8902 E 11th St, Tulsa, OK 74112
Established commercial facility with building space and land for equipment and material storage.
Property Size9,248 SF
Lot Size2.40 Acres
Price / SF$107.59
Days on Market66
Property Features for 8902 E 11th St
General Information
Standard status
Active
Size
9,248 SF
Lot size
2.40 Acres
Site & Location
Neighborhood
Mingo Valley
Building Details
Year Built
1950
Listing Agency:
Cochran & Co Realtors
Listed By:
Austin Cochran · License #159008
(918) 697-3889
Source:
Thewolekgroup
Added: Aug 28
Changed: Oct 25
Last Checked: Oct 7 at 2:24PM
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 Cochran & Co Realtors
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Investment Insights
Based on property information with market context.
This warehouse property comprises 9,248 square feet on approximately 2.4 acres m/l, providing a substantial combination of enclosed building area and surrounding commercial land. The site is currently used by a roofing company and includes gas service, A/C - Other, and exterior lighting. The acreage supports vehicle, equipment, and material storage alongside warehouse operations.
Located in Tulsa, Oklahoma, the property is positioned at 8902 11th Street. Built in 1950, it offers an established commercial setting for continued warehouse use, contractor operations, service-business activity, or other uses supported by the existing property configuration.
Located in Tulsa, Oklahoma, the property is positioned at 8902 11th Street. Built in 1950, it offers an established commercial setting for continued warehouse use, contractor operations, service-business activity, or other uses supported by the existing property configuration.
Key Highlights
- 9,248 SF warehouse property on approximately 2.4 acres m/l
- Current use by a roofing company
- Space for vehicle, equipment, and material storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,985
Cap Rate
5.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,079,700
$1.1M
Cap Rate 7%
$771,214
$771.2K
Cap Rate 9%
$599,833
$599.8K
Market Conditions
NOI Build-Up for 9,248 SF
Gross rent
$65.5K $7.08/SF
− Vacancy
−$2.0K −$0.21/SF
EGI
$63.5K $6.87/SF
− OpEx
−$9.5K −$1.03/SF
NOI
$54.0K $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%
$1,079,700
Cap Rate 7%
$771,214
Cap Rate 9%
$599,833
Alternative Uses
Best Use
Warehouse
$771.2K
$674.8K – $899.8K
NOI $53,985 @ 7.0% cap · market cap 5.43%
Second Best
Flex RnD
$685.3K
$599.6K – $799.5K
NOI $47,969 @ 7.0% cap · market cap 4.82%
Theoretical Best
Office A
$1.97M
$1.73M – $2.30M
NOI $138,072 @ 7.0% cap · market cap 13.88%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
444
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
Demographics for 74112, OK
20,810
Population
10,524
Households
2
Avg Household Size
38
Median Age
27%
College-Educated
87%
High-School Grad
6.8 sq mi
ZIP Area
3,060
Density / Sq Mi
$55,848
Median Household Income
$37,151
Median Earnings
$1,024
Median Rent
$149,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Tulsa, OK
Similar Off Market Nearby
- Safestor Tulsa — 1535 S Memorial Dr, Tulsa, OK 74112
- U Stor It — 1266 S Memorial Dr, Tulsa, OK 74112
- Sartin Boat & RV Storage Llc — 1224 S Memorial Dr, Tulsa, OK 74112
- U-Box of Tulsa — 1002 S Memorial Dr, Tulsa, OK 74112
- Self-Storage at U-Haul — 1010 S Memorial Dr, Tulsa, OK 74112
Frequently Asked Questions
What type of property is this?
Warehouse - Established commercial facility with building space and land for equipment and material storage.
Where is this warehouse located?
The property is located at 8902 E 11th St Tulsa, OK.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 9,248 SF warehouse property on approximately 2.4 acres m/l; Current use by a roofing company; Space for vehicle, equipment, and material storage
