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    3000 12th Ave NW Norman, OK 73069

    Sponsored
    For Sale
    $3,500,000

    10,500 SF Warehouse, 23 Acres

    Property size:
    10,350 SF

    Description

    Added:
    Jan 10, 2025
    Days on Market:
    361
    Exceptional opportunity to acquire a 23.09-acre industrial site in Norman, OK, featuring a 10,500 square foot warehouse. This secure property, priced at $3,500,000, boasts a private gated entry and is fully fenced. The warehouse itself includes remodeled offices, three bathrooms, and a kitchen area, all updated within the last two years. The space is climate-controlled with heating and air conditioning, and features 110 and 220-volt electric service, including 3-phase power. Two 20' x 14' grade-level overhead doors provide convenient access. The warehouse also includes new LED lighting and a monitored alarm system. The property includes approximately 8,000 square feet of warehouse space and 2,500 square feet of office space. A 5-acre gravel yard is located behind the warehouse. City water and sewer are available. The property is conveniently located in north Norman, south of Tecumseh Road and near Sysco, backing up to the Santa Fe Railroad tracks. Zoned I-1 (light industrial), this property offers a multitude of potential uses. This is a rare opportunity for owner-users seeking a secure, well-maintained industrial facility with ample land.

    Property Features for 3000 12th Ave NW

    General Information

    Property type
    Other industrial properties
    Investment Type
    owner-user
    Square Feet
    10,350 SF
    Price / Square Foot
    $338
    Class
    C
    Elevators
    N/A
    Lot Size
    1,005,800 SF

    Building Details

    Year Built
    1985

    HighLights

    • 10,500 sq ft remodeled warehouse on 23.09 acres in Norman, OK.
    • Secure, gated property with two 20' x 14' grade‑level doors.
    • Includes remodeled offices, kitchen, three bathrooms, and HVAC.
    Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Hair Salon Wholesale Shop Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Norman
    State
    Oklahoma
    Longitude
    -86.292375
    Latitude
    41.690465

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    FAQs

    What type of property is this?
    Industrial property - 10,500 SF Warehouse, 23 Acres
    Where is this industrial property located?
    The property is located at 3000 12th Ave NW Norman, OK.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: 10,500 sq ft remodeled warehouse on 23.09 acres in Norman, OK.; Secure, gated property with two 20' x 14' grade-level doors.; Includes remodeled offices, kitchen, three bathrooms, and HVAC.
    (405) 473-7653
    Request Owner's contact information
    3000 12th Ave NW Norman, OK 73069
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    Norman, OK 73069
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
    3000 12th Ave NW Norman, OK 73069
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