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    18857 Selah Way Norman, OK 73072

    For Sale
    $286,160

    Prime Norman location, 784 sq ft, high-traffic area.

    Property size:
    748 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional investment opportunity presents a 784 square-foot commercial space located at 18857 Selah Way, Unit A, Norman, OK. Situated in Selah, a thriving new urbanism community, this first-floor unit enjoys a high-visibility position, ideal for a variety of retail or commercial businesses. The space boasts a spacious main area, perfect for showcasing products or conducting business operations, along with a private restroom and dedicated storage area for added convenience. The property's location within a well-planned neighborhood ensures high foot traffic and easy accessibility for customers. Priced at $286,160, this property offers a strong return on investment. Note that a separate 735 square-foot space above is also available for lease, potentially offering additional income streams or expansion opportunities. This presents a unique chance to own a commercial property in a desirable, high-growth area, with the added benefit of potentially controlling both the commercial and upper-level space. The property's location offers unparalleled convenience, with minimal commute time between the commercial space and a potential residential or additional office space. For further details regarding the purchase of the entire building, please refer to MLS #1134978.

    Property Features for 18857 Selah Way

    General Information

    Property type
    Investment properties
    Square Feet
    748 SF

    Building Details

    Year Built
    2024
    Property Profile Location Intelligence

    Current Use by Public Records

    Investment properties

    Suggested Use

    Law Firm Realty agency Restaurant 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
    McClain
    State
    Oklahoma
    Longitude
    -97.513
    Latitude
    35.1473

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    FAQs

    What type of property is this?
    Investment property - Prime Norman location, 784 sq ft, high-traffic area.
    Where is this investment property located?
    The property is located at 18857 Selah Way Norman, OK.
    What is the asking price?
    The asking price for this property is $286,160.
    (405) 426-0895
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    18857 Selah Way Norman, OK 73072
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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
    18857 Selah Way Norman, OK 73072
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