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    1900-1912 W Norfolk Dr Broken Arrow, OK

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    For Lease
    $37 SF/Yr ($4,961 /Mo)

    Retail space available near Reasor's grocery, delivered January 31, 2025.

    Property size:
    1,609 SF
    Lot size:
    19.92 Acres

    Property Features for 1900-1912 W Norfolk Dr

    General Information

    Size
    1,609 SF
    Lot size
    19.92 Acres

    Source: Legacy Commercial Property Advisors Agent Ben Ganzkow

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

    Overview

    Retail Space Near Reasor's Grocery

    Available January 31, 2025, this retail space is located in a multi-tenant building anchored by a grocery store. The available space, situated in Lot 5 (Bldg 1), offers approximately 3,251 square feet. The building features a 65-foot bay depth. The property is accessible from West Norfolk Drive and has direct access from the Reasor's site, which is now open. Other area retailers include Walmart Supercenter, CVS Pharmacy, and Starbucks. A new 170-unit Class A multi-family development is planned with construction scheduled to begin in March 2025. The location provides easy access to the Creek Turnpike, with a traffic volume of 37,309 vehicles per day. A controlled traffic signal is located on Aspen (E 145th St), with a traffic volume of 10,400 vehicles per day. The property is located at 1900-1912 W Norfolk Dr, Broken Arrow, OK.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Similar Places Nearby

    The Shops at Aspen Creek

    Location Insight

    • Map
    • Local Demand
    City
    Broken Arrow
    County
    Wagoner
    State
    Oklahoma
    Longitude
    -95.815284
    Latitude
    35.975441

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    FAQs

    What type of property is this?
    Shopping center - Retail space available near Reasor's grocery, delivered January 31, 2025.
    Where is this shopping center located?
    The property is located at 1900-1912 W Norfolk Dr Broken Arrow, OK.
    What is the lease rate?
    The lease rate is $37 SF/Yr.
    What are key features of this property?
    This property features: - Grocery-anchored retail building - **Reasor's now open, driving customer traffic!**; - Available space of ±3,251 SF alongside established tenants AT&T and Sport Clips.; - Direct access from Reasor's site and access from West Norfolk Drive.
    (918) 946-5855
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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
    1900-1912 W Norfolk Dr Broken Arrow, OK
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