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    Retail Space of 3,009 SqFt Title is generated by Realmo AI

    2248 36th Ave NW, Norman, OK 73072

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    Retail space available for sale, approximately 3,009 square feet.

    Type:Retail, Office
    Property size:
    3,009 SF
    Price / SF:
    $154/SF
    Added:
    Feb 13, 2026
    Days on Market:
    135
    Last Refresh:
    Mar 17 at 1:16 pm

    Property Features for 2248 36th Ave NW

    General Information

    Standard status
    Active
    Size
    3,009 SF
    Property subtype
    Retail, Office

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    Isaac Christian

    Listing office ROI Real Estate LLC

    Listing date Feb 13, 2026

    Source Crexi

    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 ROI Real Estate LLC

    HighLights

    • Retail Space
    • 3,009 SqFt

    Overview

    This commercial property offers a retail space with an area of 3,009 square feet. The property is located in Norman, OK.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $45.1k $15.00
    − Vacancy −$2.3k −$0.75
    EGI $42.9k $14.25
    − OpEx −$12.9k −$4.27
    NOI $30.0k $9.98
    3,009 SF · lease $15.00/SF/yr · vacancy 5.00% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $428.8K
    $375.2K – $500.3K (±1% cap)
    NOI $30,015 @ 7.0% cap · market cap 6.44%
    Second Best
    Office B
    $364.6K
    $319.0K – $425.3K (±1% cap)
    NOI $25,520 @ 7.0% cap · market cap 5.47%
    Theoretical Best
    Specialty Retail
    $520.0K
    $455.0K – $606.6K (±1% cap)
    NOI $36,397 @ 7.0% cap · market cap 7.80%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Norman
    County
    Cleveland
    State
    Oklahoma
    Longitude
    -97.4948893
    Latitude
    35.2452959

    FAQs

    What type of property is this?
    Retail space - Retail space available for sale, approximately 3,009 square feet.
    Where is this retail space located?
    The property is located at 2248 36th Ave NW Norman, OK.
    What is the asking price?
    The asking price for this property is $466,385.
    What are key features of this property?
    This property features: Retail Space; 3,009 SqFt
    More about this property
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