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    527 Main St Norman, OK 73071

    Sponsored
    For Sale
    $289,500

    1,150 sq ft Office, Leased to Jan 2026

    Property size:
    1,150 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional 1,150-square-foot office building, located at 527 E Main Street in Norman, Oklahoma, presents a lucrative investment opportunity. Situated on a 0.08-acre lot, the property boasts a recent, comprehensive renovation. The entire structure was rebuilt from the studs, featuring brand new stucco exterior, electrical system, plumbing, and HVAC. The C1 zoning allows for versatile usage, including retail, restaurant, or continued use as an office space. Ample parking is available, with private parking at the rear and public parking conveniently located in front of the building. The property also includes a fenced backyard offering significant expansion potential. Currently generating income with a lease extending until January 2026, this property offers both immediate return and long-term growth prospects. The building's modern updates and flexible zoning make it an ideal investment for a discerning buyer seeking a well-maintained, income-producing asset in a thriving Norman location. The combination of a strong lease and the potential for future expansion makes this a truly unique opportunity in the Norman commercial real estate market. The property's central location and convenient parking further enhance its appeal to a wide range of potential tenants. This is a turnkey operation ready for immediate income generation.

    Property Features for 527 Main St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    1,150 SF
    Lot Size
    3,485 SF

    Building Details

    Year Built
    1951
    Property Profile Location Intelligence

    Current Use by Public Records

    Sound Truck Trucking Company

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Norman
    County
    Cleveland
    State
    Oklahoma
    Longitude
    -97.43683
    Latitude
    35.22392

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    FAQs

    What type of property is this?
    Office Property / Space - 1,150 sq ft Office, Leased to Jan 2026
    Where is this office property / space located?
    The property is located at 527 Main St Norman, OK.
    What is the asking price?
    The asking price for this property is $289,500.
    (405) 439-9206
    Request Owner's contact information
    527 Main St Norman, OK 73071
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    Norman, OK 73071
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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
    527 Main St Norman, OK 73071
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