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    Flexible Office Suites in Tulsa Title is generated by Realmo AI

    5530 S 79th E Pl, Tulsa, OK 74145

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    Office suites for lease in east Tulsa location.

    Type:Office
    Property size:
    5,621 SF
    Added:
    Dec 11, 2023
    Days on Market:
    907
    Last Refresh:
    May 12 at 8:42 pm

    Property Features for 5530 S 79th E Pl

    General Information

    Standard status
    Active
    Size
    5,621 SF
    Property subtype
    Office

    Building Details

    Year Built
    1978

    Spaces For Lease

    at 5530 S 79th E Pl Contact us

    Suite 9 $15/Mo

    Size
    651 SF
    Type
    Office
    Suites 7-9 are contiguous (totaling 1,190 sf) | Full Service excludes janitorial...
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    Contact us

    Suite 11 $15/Mo

    Size
    648 SF
    Type
    Office
    Full Service excludes janitorial services
    Contact us

    Suite 3 $25/Mo

    Size
    188 SF
    Type
    Office
    $400 Monthly | Full Service excludes janitorial services
    Contact us

    Suite 8 $18/Mo

    Size
    269 SF
    Type
    Office
    $425.00 Monthly | Suites 7-9 are contiguous (totaling 1,190 sf) | Full Service...
    show more
    Contact us

    Suite 7 $18/Mo

    Size
    270 SF
    Type
    Office
    $425.00 Monthly | Suites 7-9 are contiguous (totaling 1,190 sf) | Full Service...
    show more
    Contact us
    Show more

    We can help!

    Listing Contact
    Sheila Cooper

    Listing agent Sheila Cooper License #OK 152963

    Listing office Bauer & Associates

    Listing date Dec 11, 2023

    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 Bauer & Associates

    HighLights

    • Flexible office and small‑suite leasing opportunities.
    • Convenient east Tulsa location near S. Memorial Dr. and E. 61st St.
    • Easy access to a major commercial corridor.
    • Suites available from 188 SF to 651 SF, suitable for various businesses.
    • Contiguous suites (1,190 sf total) can be leased individually or combined.
    • Surrounded by retail, dining, and service amenities (Fontana Shopping Center, Woodland Hills Mall, etc.).

    Overview

    The Sunbelt Building provides flexible office and small-suite leasing opportunities in east Tulsa. The commercial property, encompassing approximately 5,621 square feet, is situated at 5530 S. 79th E. Pl., Tulsa, OK 74145, located just west of S. Memorial Dr. and north of E. 61st St., offering convenient access to a prominent commercial corridor in Tulsa. Available suites range in size from 188 to 651 square feet, making the property suitable for professional office users, service businesses, and small commercial tenants. Suites 7, 8, and 9 are contiguous, totaling 1,190 square feet, and can be leased individually or combined to accommodate larger space requirements. The building is surrounded by retail, dining, and service amenities, including Fontana Shopping Center, Eton Square, Woodland Hills Mall, Jason’s Deli, Aldi, Office Depot, Scooter’s Coffee, CVS Pharmacy, and QuikTrip.
    Property Profile Location Intelligence

    Current Use by Public Records

    Rusk Bill CPA Accounting Firm Herndon Engineering Inc Engineer Insurance Strategies, Inc. Insurance Agency Chad A. Greer Law Firm Michael Lloyd Bail ... Law Firm

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center 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
    -95.909827
    Latitude
    36.048714

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    FAQs

    What type of property is this?
    Office units - Office suites for lease in east Tulsa location.
    Where is this office units located?
    The property is located at 5530 S 79th E Pl Tulsa, OK.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: Flexible office and small‑suite leasing opportunities.; Convenient east Tulsa location near S. Memorial Dr. and E. 61st St.; Easy access to a major commercial corridor.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Sheila Cooper
    Real Estate License ID: OK 152963
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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