2505 W Main St Norman, OK
Spacious 47,236 SF retail building with ample parking.
Property Features for 2505 W Main St
General Information
- Standard status
- Active
- Size
- 47,236 SF
- Lot size
- 9.06 Acres
- Property subtype
- RETAIL
Listing office Price Edwards and Company - Oklahoma City (405) 902-8181
Listing date Nov 24, 2025
Source Moodyscre
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 Price Edwards and Company - Oklahoma City
Investment Insights
Based on property information with market context.
Key Highlights
- Large 47,236 SF building
- High visibility location
- Zoned C‑2 and via PUD
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 | $708.5k | $15.00 |
| − Vacancy | −$35.4k | −$0.75 |
| EGI | $673.1k | $14.25 |
| − OpEx | −$201.9k | −$4.27 |
| NOI | $471.2k | $9.98 |
Alternative Uses
Property Analytics
Current Use by Public Records
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