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    Tulsa Commercial Building For Sale Title is generated by Realmo AI

    1430 S Quaker, Tulsa, OK 74120

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    Commercial building near downtown Tulsa, Utica Square, and Hillcrest Hospital.

    Type:Office
    Property size:
    3,360 SF
    Price / SF:
    $206/SF
    Added:
    Oct 22, 2022
    Days on Market:
    1338
    Last Refresh:
    May 19 at 10:28 pm

    Property Features for 1430 S Quaker

    General Information

    Standard status
    Active
    Size
    3,360 SF
    Property subtype
    Office

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    Listing Contact
    Nick Lombardi
    Nick Lombardi

    Listing agent Nick Lombardi License #OK 152277

    Listing office Frisbie Lombardi

    Listing date Oct 22, 2022

    Source Crexi

    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 Frisbie Lombardi

    HighLights

    • Prime commercial location: one block east of Peoria, north of Cherry Street.
    • Close proximity to Downtown Tulsa.
    • Convenient access to Utica Square.
    • Near Swan Lake.
    • Short distance to Mother Road Market.
    • Within 1 mile of Hillcrest Hospital.

    Overview

    This commercial building is located one block east of Peoria, just north of Cherry Street. The property is situated within 1 mile of Downtown Tulsa, Utica Square, Swan Lake, Mother Road Market, and Hillcrest Hospital. The building has a size of 3360 square feet.

    Local 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 $60.5k $18.00
    − Vacancy −$8.8k −$2.61
    EGI $51.7k $15.39
    − OpEx −$12.9k −$3.85
    NOI $38.8k $11.54
    3,360 SF · lease $18.00/SF/yr · vacancy 14.50% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $554.0K
    $484.8K – $646.4K (±1% cap)
    NOI $38,783 @ 7.0% cap · market cap 5.58%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $716.6K
    $627.1K – $836.1K (±1% cap)
    NOI $50,165 @ 7.0% cap · market cap 7.22%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Preslar Music | Tulsa ... Vocational School

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Law Firm Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tulsa
    County
    Creek
    State
    Oklahoma
    Longitude
    -95.9748297
    Latitude
    36.1413604

    FAQs

    What type of property is this?
    Office building - Commercial building near downtown Tulsa, Utica Square, and Hillcrest Hospital.
    Where is this office building located?
    The property is located at 1430 S Quaker Tulsa, OK.
    What is the asking price?
    The asking price for this property is $695,000.
    What are key features of this property?
    This property features: Prime commercial location: one block east of Peoria, north of Cherry Street.; Close proximity to Downtown Tulsa.; Convenient access to Utica Square.
    (918) 344-9904 Call to check price and availability
    More about this property
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