Day Care Center with Fenced Outdoor
201 Triad Village Drive, Norman, OK 73071
For Sale
Contact for pricing
The single-story facility contains classrooms, administrative offices, restrooms, and outdoor space.
Property Size16,500 SF
Lot Size1.61 Acres
Price / SF$175.76
Days on Market21
Property Features for 201 Triad Village Drive
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Zoning
Additional Details
Asking Price
Sprinkler System
Property Use
Amenities
large fenced outdoor area
Building Details
Year Built
Buildings
Stories
Building Size
Construction
Listing Agency:
Copper Creek Real Estate, LLC
Listed By:
Jasmyn Womack · License #Oklahoma 202974
Source:
Crexi
Added: Oct 20
Changed: Nov 8
Last Checked: Nov 8 at 5:41PM
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 Copper Creek Real Estate, LLC
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Investment Insights
Based on property information with market context.
Built in 2016, this single-story day care facility contains approximately 16,500 SF on a 1.61-acre parcel. Interior features include multiple classrooms, flexible areas, administrative offices, and restrooms. A large fenced outdoor area and fire sprinkler system are also part of the property. Construction is frame with masonry veneer, and the site has 36 surface parking spaces.
The property is identified as C-1 Local Commercial. Uses described for the site include childcare and education, office, medical and wellness services, training, and community operations; proposed uses remain subject to zoning, permitting, and City of Norman approvals. The offering is for the commercial real estate, not an operating childcare business.
The property is identified as C-1 Local Commercial. Uses described for the site include childcare and education, office, medical and wellness services, training, and community operations; proposed uses remain subject to zoning, permitting, and City of Norman approvals. The offering is for the commercial real estate, not an operating childcare business.
Key Highlights
- Approximately 16,500 SF building on 1.61 acres
- Built in 2016; single‑story configuration
- Multiple classrooms, flexible interior areas, offices, and restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$139,937
Cap Rate
4.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,798,740
$2.8M
Cap Rate 7%
$1,999,100
$2.0M
Cap Rate 9%
$1,554,856
$1.6M
Market Conditions
NOI Build-Up for 16,500 SF
Gross rent
$251.5K $15.24/SF
− Vacancy
−$64.9K −$3.93/SF
EGI
$186.6K $11.31/SF
− OpEx
−$46.6K −$2.83/SF
NOI
$139.9K $8.48/SF
Area
Norman, OK
Vacancy
25.80%
Lease Rate
$15.24 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,798,740
Cap Rate 7%
$1,999,100
Cap Rate 9%
$1,554,856
Alternative Uses
Best Use
Office B
$2.00M
$1.75M – $2.33M
NOI $139,937 @ 7.0% cap · market cap 4.83%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.85M
$2.49M – $3.33M
NOI $199,584 @ 7.0% cap · market cap 6.88%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Current Use
Lease Details
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
403
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- 12th Avenue KinderCare — 505 12th Ave SE, Norman, OK 73071
- Community After School Program — 915 Classen Blvd, Norman, OK 73071
- TLC Early Learning Center — 603 Classen Blvd, Norman, OK 73071
- Gingerbread Nursery School — 602 Villa Dr, Norman, OK 73071
- Over the Rainbow Inc — 1512 E Alameda St, Norman, OK 73071
Frequently Asked Questions
What type of property is this?
Day care center - The single-story facility contains classrooms, administrative offices, restrooms, and outdoor space.
Where is this day care center located?
The property is located at 201 Triad Village Drive Norman, OK.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: Approximately 16,500 SF building on 1.61 acres; Built in 2016; single‑story configuration; Multiple classrooms, flexible interior areas, offices, and restrooms
