Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1031 Lindsey St Norman, OK 73069

    For Sale
    $2,850,000

    3.25 Acres Near OU, High Visibility

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional 3.25-acre property located at 1031 W Lindsey Street in Norman, Oklahoma, presents a unique investment opportunity. Situated near the high-traffic intersection of Lindsey Street and Berry Road, this land boasts unparalleled visibility and accessibility. Its proximity to the University of Oklahoma, with its over 30,000 students and faculty, ensures a substantial and consistent customer base. Currently zoned residential, this site offers significant potential for rezoning to accommodate a variety of commercial uses, including retail, mixed-use developments, or service-oriented businesses. The property's prime frontage on West Lindsey Street places it within a well-established commercial corridor, benefiting from existing infrastructure and high traffic volume. Norman's robust economy, characterized by population growth, a low cost of living, and the significant economic impact of the university, creates a strong market for new commercial ventures. This presents a rare chance to capitalize on the city's thriving business environment and establish a strong presence in a rapidly expanding community. The strategic location, coupled with the potential for commercial development, makes this a highly desirable investment opportunity with significant long-term growth prospects. Don't miss this chance to secure a prominent position in Norman's dynamic commercial landscape.

    Property Features for 1031 Lindsey St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    141,570 SF

    Building Details

    Year Built
    1949
    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -97.45721
    Latitude
    35.20432

    Nearby Similar for Sale

    • $2,999,000
      7,885 SF

      State-of-the-Art Norman Facility

      7885 sq ft facility on almost 14 acres near OU.
      3595 E State Highway 9, Norman, OK 73071
      View Details
    • $574,900
      Pending

      Office/Manufacturing Building in Norman, OK

      Spacious 4320 SF office/manufacturing building with remodeled urban office space.
      921 N Lahoma Ave, Norman, OK 73069
      View Details
    • $1,390,000
      1,170 SF

      Norman Duplex Near Stadium

      Two-bedroom duplex near stadium with potential for renovation or rebuilding.
      204 E Lindsey St, Norman, OK 73069
      View Details
    • $789,000
      7,400 SF

      Norman Warehouse with Office Space

      7,400 SF warehouse with office near I-35.
      1831 Industrial Blvd, Norman, OK 73069
      View Details
    • $899,000
      5,904 SF

      Prime Downtown Norman Retail Opportunity

      Two-story commercial building in Norman's vibrant Arts District.
      218 E Main St, Norman, OK 73069
      View Details
    • $1,675,000
      1 SF

      University Proximity Multifamily Investment

      Two properties totaling 12 units near the University of Oklahoma.
      537 E Elm Ave, Norman, OK 73069
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - 3.25 Acres Near OU, High Visibility
    Where is this commercial real estate located?
    The property is located at 1031 Lindsey St Norman, OK.
    What is the asking price?
    The asking price for this property is $2,850,000.
    (405) 948-7500
    Request Owner's contact information
    1031 Lindsey St Norman, OK 73069
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1031 Lindsey St
    Norman, OK 73069
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1031 Lindsey St Norman, OK 73069
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.