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    1400 12Th Ave SE Norman, OK 73071

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    For Lease
    $18 SF/Yr ($1,927 /Mo)

    Retail space in multi-tenant center near University of Oklahoma.

    Property size:
    1,250 SF
    Lot size:
    2.55 Acres

    Property Features for 1400 12Th Ave SE

    General Information

    Size
    1,250 SF
    Lot size
    2.55 Acres

    Source: Equity Commercial Realty Advisors - OKC Agent Gayla Artman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in East Village

    Located in Building Three of a multi-tenant retail center, this 1,250-square-foot retail space is situated in East Village, near the University of Oklahoma and various residential communities in East Norman. The property is located along 12th Avenue SE, also known as Sooner Road, near the southwest corner of Lindsey Street, next to CVS. The surrounding neighbors include CVS, Dollar General, Arvest Bank, Armstrong Bank, Taco Bell, Chicken Express, Sonic, Braum's, and Church's Chicken. The available Unit 306 is in grey shell condition, making it suitable for restaurants and retail businesses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sisters Mediterranean Taste Mediterranean Restaurant Volcano's Cantina and Grill Restaurant High Society Dispensary Cannabis Store

    Suggested Use

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

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

    Similar Places Nearby

    Thunderbird Plaza, Alameda Square, Norman Originals AA Meeting, Coinstar Kiosk - Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Norman
    County
    Cleveland
    State
    Oklahoma
    Longitude
    -97.4240881
    Latitude
    35.2009594

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    FAQs

    What type of property is this?
    Shopping center - Retail space in multi-tenant center near University of Oklahoma.
    Where is this shopping center located?
    The property is located at 1400 12Th Ave SE Norman, OK.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic location on 12th Avenue SE (Sooner Road) near Lindsey Street.; - Proximity to the University of Oklahoma and residential communities.; - Located in a multi-tenant retail center with existing businesses.
    (405) 826-7975
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    1400 12Th Ave SE 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
    1400 12Th Ave SE Norman, OK 73071
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