Tire Shop with Adjacent
919 S Sheridan Road Tulsa, OK 74112
919 S Sheridan Road, Tulsa, OK, 74112
$595,000
For Sale
$595,000
Tenant-occupied tire shop sits on multiple lots with fenced, asphalted back-lot area.
Property Size3,572 SF
Lot Size0.66 Acres
Price / SF$166.57
Days on Market276
Property Features for 919 S Sheridan Road
General Information
- Standard status
- Active
- Size
- 3,572 SF
- Lot size
- 0.66 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1985
Listing agency
Norris & Associates
(918) 758-9999
Listed by
Gregory Norris · License #123466
(918) 758-9999
Source
Xome
Added: Oct 20, 2025 Updated: Jul 22 at 3:48AM Checked: Jul 22 at 3:48AM
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 Norris & Associates
Investment Insights
Based on property information with market context.
This offering includes three lots totaling 28,800 square feet, featuring a tenant-occupied tire shop of approximately 3,400 square feet. The back lot is fenced in and asphalted, providing additional secured, paved outdoor space to support automotive-related operations.
The property is positioned directly on Sheridan Road, across from QT, in a busy area near car dealerships. It also offers convenient access to major highway routes and is described as being near the airport.
Rent is reported at $2,800 per month for the current tenant. The listing also notes the included eastern lots at 6505 and 6511 E 10th.
The property is positioned directly on Sheridan Road, across from QT, in a busy area near car dealerships. It also offers convenient access to major highway routes and is described as being near the airport.
Rent is reported at $2,800 per month for the current tenant. The listing also notes the included eastern lots at 6505 and 6511 E 10th.
Key Highlights
- Tenant‑occupied tire shop with a 3,400 SF building
- Total 28,800 SF across multiple lots, including lots at 6505 and 6511 E 10th
- Back‑lot area is fenced in and asphalted
Local Financial Insights For Retail
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 | $51.4k | $14.40 |
| − Vacancy | −$2.3k | −$0.65 |
| EGI | $49.1k | $13.75 |
| − OpEx | −$14.7k | −$4.13 |
| NOI | $34.4k | $9.63 |
3,572 SF · lease $14.40/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$491.2K
$429.8K – $573.1K
NOI $34,386 @ 7.0% cap · market cap 5.78%
Second Best
Industrial
$245.3K
$214.7K – $286.2K
NOI $17,172 @ 7.0% cap · market cap 2.89%
Theoretical Best
Office A
$761.9K
$666.6K – $888.8K
NOI $53,330 @ 7.0% cap · market cap 8.96%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Multi-Tires Chavez
(Bike/Boat/Book/etc) Store
Chavez
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
Similar Off Market Nearby
- Baker Recovery — 5953 E 15th St, Tulsa, OK 74112
- Xclusive Whipz LLC — 1536 S Sheridan Rd #1, Tulsa, OK 74112
- Alternative Automotive — 5935 E 15th St, Tulsa, OK 74112
- American Discount Muffler — 1448 S Sheridan Rd, Tulsa, OK 74112
- A&J Custom Shop — 5755 E 15th St, Tulsa, OK 74112
FAQs
What type of property is this?
Auto shop - Tenant-occupied tire shop sits on multiple lots with fenced, asphalted back-lot area.
Where is this auto shop located?
The property is located at 919 S Sheridan Road Tulsa, OK.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Tenant‑occupied tire shop with a 3,400 SF building; Total 28,800 SF across multiple lots, including lots at 6505 and 6511 E 10th; Back‑lot area is fenced in and asphalted