New Office Building in
For Sale
Contact for pricing
7631 East 126th St S, Bixby, OK 74008
New office building with reception, offices, conference room, and breakroom.
Property Size6,039 SF
Price / SF$215.27
Days on Market819
Property Features for 7631 East 126th St S
General Information
Standard status
Active
Size
6,039 SF
Class
A
Property subtype
Office
Zoning
OL
Occupancy
50%
Investment Type
Owner/User
Building Details
Year Built
2024
Buildings
1
Stories
2
Units
1
Tenancy
Multi
Listing Agency:
SVN | OAK Realty Advisors
Listed By:
Susan Davis · License #OK 024512
(918) 924-6199
Source:
Crexi
Added: Jul 11, 2024
Changed: Oct 4
Last Checked: Oct 7 at 8:56AM
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 SVN | OAK Realty Advisors
Investment Insights
Based on property information with market context.
This new office building is located in the Parke 126 development. The property features a reception area, nine offices, one conference room, a break room, and a storage area across two floors. High ceilings and window walls are present in every office. Additional features include a storage/IT room and a kitchen/break room. The building offers generous office space and has a total size of 6,039 square feet. It is located near Memorial Drive and 126th Street in Bixby, Oklahoma.
Key Highlights
- New office building built in 2024 in Parke 126 development.
- Two‑story layout featuring a reception area, nine offices, and a conference room.
- Kitchen/Break Room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$74,443
Cap Rate
5.73%
Suggested Prices Based on Cap Rates
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
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 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 5.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.36M
$1.19M – $1.59M
NOI $95,272 @ 7.0% cap · market cap 7.33%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
408
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - New office building with reception, offices, conference room, and breakroom.
Where is this office building located?
The property is located at 7631 East 126th St S Bixby, OK.
What is the asking price?
The asking price for this property is $1,299,999.
What are key features of this property?
This property features: New office building built in 2024 in Parke 126 development.; Two‑story layout featuring a reception area, nine offices, and a conference room.; Kitchen/Break Room
