Modern Office Building in
For Sale
$1,399,000
7631 E 126th Street, Bixby, OK 74008
Newly constructed office building in a prime Bixby location.
Property Size6,039 SF
Price / SF$231.66
Days on Market261
Property Features for 7631 E 126th Street
General Information
Standard status
Active
Size
6,039 SF
Property subtype
Office
Building Details
Year Built
2024
Listing Agency:
NAI Rupe Helmer
(918) 924-6199
Listed By:
Susan Davis · License #OK #024512
Source:
Svn
Added: Nov 21, 2025
Changed: Jul 6
Last Checked: Aug 9 at 5:13AM
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 NAI Rupe Helmer
Investment Insights
Based on property information with market context.
This modern, newly constructed two-story building offers 6,039 square feet of office space in the thriving North Bixby area. Constructed in 2024, the property is zoned for commercial use, offering high visibility and accessibility. It is suitable for an office or mixed-use investment. The location provides a blend of suburban charm and urban convenience, making it an ideal choice for office building investors and potential tenants. Residents and employees can enjoy an array of dining, retail, and leisure options. The celebrated Bixby North Elementary School and Bixby High School cater to the educational needs of families. The nearby Haikey Creek Park provides a serene outdoor escape, and easy access to major roadways like Memorial Drive and the Creek Turnpike ensures seamless connectivity for businesses and employees. The property is positioned for success in the Bixby market.
Key Highlights
- Newly constructed in 2024, offering modern appeal.
- Prime location in the thriving North Bixby area.
- 6,039 SF of office space suitable for a variety of business needs.**
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$74,443
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.32%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,488,860
$1.5M
Cap Rate 7%
$1,063,471
$1.1M
Cap Rate 9%
$827,144
$827.1K
Market Conditions
NOI Build-Up for 6,039 SF
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.
Gross rent
$113.1K $18.72/SF
− Vacancy
−$13.8K −$2.28/SF
EGI
$99.3K $16.44/SF
− OpEx
−$24.8K −$4.11/SF
NOI
$74.4K $12.33/SF
Area
Tulsa County, OK
Vacancy
12.20%
Lease Rate
$18.72 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,488,860
Cap Rate 7%
$1,063,471
Cap Rate 9%
$827,144
Alternative Uses
Best Use
Office B
$1.06M
$930.5K – $1.24M
NOI $74,443 @ 7.0% cap · market cap 5.32%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.36M
$1.19M – $1.59M
NOI $95,272 @ 7.0% cap · market cap 6.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
425
Businesses Nearby
Explore this area
Business Placement
Demographics for 74008, OK
31,745
Population
12,447
Households
2.6
Avg Household Size
36
Median Age
44%
College-Educated
95%
High-School Grad
74.3 sq mi
ZIP Area
427
Density / Sq Mi
$95,476
Median Household Income
$48,691
Median Earnings
$1,302
Median Rent
$303,200
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Newly constructed office building in a prime Bixby location.
Where is this office building located?
The property is located at 7631 E 126th Street Bixby, OK.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: Newly constructed in 2024, offering modern appeal.; Prime location in the thriving North Bixby area.; 6,039 SF of office space suitable for a variety of business needs.**
