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Retail Outparcel in East Norman
For Sale
$600,000

1331 East Alameda Street, Norman, OK 73071

Grocery-anchored retail outparcel in a high-traffic East Norman location.

Property Size1 SF
Price / SF$600,000
Days on Market158

Property Features for 1331 East Alameda Street

General Information

Standard status Active
Size 1 SF
Property subtype Retail
Listing Agency:
Listed By: Mark Inman
Source: Cbre
Added: Mar 25 Changed: Aug 27 Last Checked: Aug 28 at 7:42AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mark Inman

Investment Insights

Based on property information with market context.

This retail outparcel is located at 12th Avenue Northeast and Alameda Street in East Norman. The property is positioned for retailers expanding in the trade area. Neighboring businesses include a grocery store, hardware store, fast food restaurants, auto service, and drug store.

Key Highlights

  • Grocery anchored outparcel (Homeland)
  • Ideally positioned for retailers expanding
  • Located in East Norman

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Real Estate Agency Hair Salon Big Box & Wholesale Store Spa & Massage Center Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

461
Businesses Nearby
349k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 46% Superstores 23% Shops & Services 15% Apparel 4%
Walmart Superstores
79,867 visits/mo 0.5 miles
Chick-fil-A Dining
38,584 visits/mo 0.3 miles
McDonald's Dining
29,780 visits/mo 0.3 miles
Raising Cane's Chicken Fingers Dining
27,912 visits/mo 0.4 miles
Murphy USA Shops & Services
19,955 visits/mo 0.5 miles

Demographics for 73071, OK

43,379
Population
19,192
Households
2.3
Avg Household Size
31
Median Age
42%
College-Educated
94%
High-School Grad
23.3 sq mi
ZIP Area
1,862
Density / Sq Mi
$59,258
Median Household Income
$32,830
Median Earnings
$1,059
Median Rent
$206,600
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Grocery-anchored retail outparcel in a high-traffic East Norman location.
Where is this retail space located?
The property is located at 1331 East Alameda Street Norman, OK.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Grocery anchored outparcel (Homeland); Ideally positioned for retailers expanding; Located in East Norman
More about this property
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