Tulsa Commercial Building For
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1430 S Quaker, Tulsa, OK 74120
Commercial building near downtown Tulsa, Utica Square, and Hillcrest Hospital.
Property Size3,360 SF
Price / SF$206.85
Days on Market1385
Property Features for 1430 S Quaker
General Information
Standard status
Active
Size
3,360 SF
Property subtype
Office
Listing Agency:
Frisbie Lombardi
(918) 344-9904
Listed By:
Nick Lombardi · License #OK 152277
Source:
Crexi
Added: Oct 22, 2022
Changed: Jul 6
Last Checked: Aug 5 at 1:15PM
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
Investment Insights
Based on property information with market context.
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.
Key Highlights
- Prime commercial location: one block east of Peoria, north of Cherry Street.
- Close proximity to Downtown Tulsa.
- Convenient access to Utica Square.
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
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
NOI $50,165 @ 7.0% cap · market cap 7.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,535
Businesses Nearby
Explore this area
Business Placement
Demographics for 74120, OK
5,037
Population
3,308
Households
1.5
Avg Household Size
37
Median Age
52%
College-Educated
92%
High-School Grad
2.1 sq mi
ZIP Area
2,399
Density / Sq Mi
$66,280
Median Household Income
$46,823
Median Earnings
$1,071
Median Rent
$415,300
Median Home Value
Market
Vacancy Rate% for Office in Tulsa, OK
Questions? Ask Rey
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Frequently Asked Questions
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.
