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    901 Peters Ave Norman, OK 73069

    Sponsored
    For Sale
    $350,000

    Spacious facility, ideal for groups.

    Property size:
    3,048 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This versatile 3,048 square foot commercial property, located at 901 N Peters Avenue in Norman, Oklahoma, presents a unique opportunity for a variety of businesses. Previously utilized as a daycare center, the building's layout is exceptionally well-suited for group-oriented organizations. The main floor features a large gathering room perfect for meetings, classes, or communal activities, complemented by a fully equipped kitchen, multiple bathrooms for convenience, and a secure office space for administrative tasks. A dedicated utility room with laundry hookups adds to the practicality of the space. Upstairs, a separate room offers additional space and privacy, accessible via its own back staircase, providing flexibility for various uses. The property also boasts a significant advantage with its outdoor amenities. A fenced area, complete with existing play equipment, offers a safe and engaging space for children or other recreational purposes. Ample parking is ensured with a concrete parking lot capable of accommodating up to 18 vehicles. The property sits on a 0.34-acre lot, providing ample space and potential for future expansion or outdoor improvements. Priced at $350,000, this property offers a compelling investment opportunity in a thriving Norman location.

    Property Features for 901 Peters Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,048 SF
    Lot Size
    14,810 SF

    Building Details

    Year Built
    1936
    Property Profile Location Intelligence

    Current Use by Public Records

    Little Tots Learning ... Day Care Center Creative Expressions Learning ... Day Care Center

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Norman
    County
    Cleveland
    State
    Oklahoma
    Longitude
    -97.44415
    Latitude
    35.2289

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    FAQs

    What type of property is this?
    Commercial real estate - Spacious facility, ideal for groups.
    Where is this commercial real estate located?
    The property is located at 901 Peters Ave Norman, OK.
    What is the asking price?
    The asking price for this property is $350,000.
    (405) 329-6976
    Request Owner's contact information
    901 Peters Ave 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
    901 Peters Ave Norman, OK 73069
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