Warehouse
For Sale
Contact for pricing
1800 W Tecumseh Rd Unit 104, Norman, OK 73069
Warehouse unit for sale in Cleveland County, accessible via Wellsite Drive near Tecumseh Road.
Property Size1,406 SF
Price / SF$1.02
Days on Market94
Property Features for 1800 W Tecumseh Rd Unit 104
General Information
Standard status
Active
Size
1,406 SF
Building Details
Year Built
2020
Listing Agency:
Rieger Realty LLC
Listed By:
Dana Rieger · License #149317
(405) 310-2796
Source:
Theokclife
Added: Jul 19
Changed: Oct 3
Last Checked: Oct 7 at 4:24PM
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 Rieger Realty LLC
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Investment Insights
Based on property information with market context.
This warehouse unit is being offered for sale and is located within the property at 1800 W Tecumseh Road, Norman, OK 73069. The listing records the property size as 1,406.
Access is provided from Highway 77 and Tecumseh Road. Follow directions east to Wellsite Drive, then go south on Wellsite Drive and east at the first building on the left.
The property is categorized as a warehouse within the commercial real estate inventory in Cleveland County, supporting straightforward storage and warehouse uses consistent with the asset type.
Access is provided from Highway 77 and Tecumseh Road. Follow directions east to Wellsite Drive, then go south on Wellsite Drive and east at the first building on the left.
The property is categorized as a warehouse within the commercial real estate inventory in Cleveland County, supporting straightforward storage and warehouse uses consistent with the asset type.
Key Highlights
- Warehouse unit built in 2020
- Address: 1800 W Tecumseh
- Access via Wellsite Drive near Tecumseh Road (Cleveland County)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,111
Suggested Prices Based on Cap Rates
Cap Rate 5%
$202,220
$202.2K
Cap Rate 7%
$144,443
$144.4K
Cap Rate 9%
$112,344
$112.3K
Market Conditions
NOI Build-Up for 1,406 SF
Gross rent
$12.7K $9.00/SF
− Vacancy
−$759 −$0.54/SF
EGI
$11.9K $8.46/SF
− OpEx
−$1.8K −$1.27/SF
NOI
$10.1K $7.19/SF
Area
Norman, OK
Vacancy
6.00%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$202,220
Cap Rate 7%
$144,443
Cap Rate 9%
$112,344
Alternative Uses
Best Use
Warehouse
$144.4K
$126.4K – $168.5K
NOI $10,111 @ 7.0% cap · market cap 704.60%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$243.0K
$212.6K – $283.5K
NOI $17,007 @ 7.0% cap · market cap 1,185.16%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
396
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 73069, OK
26,464
Population
12,719
Households
2.1
Avg Household Size
32
Median Age
45%
College-Educated
93%
High-School Grad
15.7 sq mi
ZIP Area
1,686
Density / Sq Mi
$55,699
Median Household Income
$34,151
Median Earnings
$1,031
Median Rent
$212,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Switzer's Locker Room — 2576 W Tecumseh Rd, Norman, OK 73069
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse unit for sale in Cleveland County, accessible via Wellsite Drive near Tecumseh Road.
Where is this warehouse located?
The property is located at 1800 W Tecumseh Rd Unit 104 Norman, OK.
What are key features of this property?
This property features: Warehouse unit built in 2020; Address: 1800 W Tecumseh; Access via Wellsite Drive near Tecumseh Road (Cleveland County)
