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    1042 N Flood Ave Norman, OK 73072

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    For Lease
    $12 SF/Yr ($2,496 /Mo)

    2,496 SF whiteboxed suite suitable for various businesses.

    Property size:
    2,496 SF
    Lot size:
    0.45 Acres

    Property Features for 1042 N Flood Ave

    General Information

    Size
    2,496 SF
    Lot size
    0.45 Acres

    Source: Johnson Commercial Group Agent Sally Allen

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

    Overview

    Norman Retail/Office Ready Suite

    Suite 1042 at 1010–1050 N Flood Ave in Norman provides 2,496 square feet of open space. The suite has been recently whiteboxed, making it suitable for tenant buildouts. The flexible layout is suitable for retail, office, medical, or service-based businesses. The suite includes one restroom. The property is located in a newly revitalized shopping center under new ownership. Zoned C-2, the property is located 2 miles from I-35. It offers visibility and exposure to 4,394 households within a one-mile radius. The center provides ample parking and storefront signage, creating an opportunity to establish or expand your business in a high-traffic Norman corridor.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    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
    -97.4537011
    Latitude
    35.2286323

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    FAQs

    What type of property is this?
    Shopping center - 2,496 SF whiteboxed suite suitable for various businesses.
    Where is this shopping center located?
    The property is located at 1042 N Flood Ave Norman, OK.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Recently whiteboxed 2,496 SF space ready for tenant buildouts.; - Located in a newly revitalized shopping center under new ownership.; - High visibility and exposure in a high-traffic Norman corridor.
    (405) 623-7920
    Request Owner's contact information
    1042 N Flood Ave Norman, OK 73072
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    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
    1042 N Flood Ave Norman, OK 73072
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