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    Flex Industrial Building with Offices Title is generated by Realmo AI

    2745 Broce Drive, Norman, OK 73072

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    Three-unit flex setup combines office space with warehouse areas, each with an overhead door and private restroom.

    Type:Industrial
    Property size:
    10,800 SF
    Price / SF:
    $138/SF
    Added:
    Jun 15, 2026
    Days on Market:
    6
    Last Refresh:
    Jun 20 at 6:18 am

    Property Features for 2745 Broce Drive

    General Information

    Standard status
    Active
    Size
    10,800 SF
    Property subtype
    Industrial

    Building Details

    Year Built
    1981

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    Listing Contact
    Gayla Artman
    Gayla Artman

    Listing agent Gayla Artman License #OK 079819

    Listing office Equity Commercial Realty Advisors, LLC

    Listing date Jun 15, 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 Equity Commercial Realty Advisors, LLC

    HighLights

    • Total 10,800 SF with a three‑unit flex layout combining office and warehouse space
    • Approximately 4,800 SF of office space plus 6,000 SF of warehouse space
    • Warehouse is divided into three units, each with an overhead door
    • Each warehouse unit includes a private restroom
    • Located in west Norman near 36th Ave NW and I‑35 for convenient access

    Overview

    2745 Broce Dr is a flex-style industrial property configured for an owner-user or multi-unit operation. The building totals 10,800 SF and is divided into three separate units. Each unit includes warehouse space with an overhead door, along with a private restroom. Approximately 4,800 SF is designated as office space, supporting day-to-day administrative functions alongside warehouse operations.

    The property is located in west Norman, near the intersection of 36th Ave NW and I-35. This placement provides convenient access for employees, customers, and distribution, and it supports a range of industrial, service, and contractor uses.

    For tenants or buyers seeking a property that blends administrative space with functional warehouse access, this configuration can support operations that need both work areas and office coverage. The three-unit layout also offers flexibility for dividing space between different uses or occupants, with each unit independently served by an overhead door and private restroom.

    Local Financial Insights For Office B

    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 $164.6k $15.24
    − Vacancy −$42.5k −$3.93
    EGI $122.1k $11.31
    − OpEx −$30.5k −$2.83
    NOI $91.6k $8.48
    10,800 SF · lease $15.24/SF/yr · vacancy 25.80% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.31M
    $1.14M – $1.53M (±1% cap)
    NOI $91,595 @ 7.0% cap · market cap 6.11%
    Second Best
    Warehouse
    $1.11M
    $970.8K – $1.29M (±1% cap)
    NOI $77,663 @ 7.0% cap · market cap 5.18%
    Theoretical Best
    Specialty Retail
    $1.87M
    $1.63M – $2.18M (±1% cap)
    NOI $130,637 @ 7.0% cap · market cap 8.71%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Norman
    County
    Cleveland
    State
    Oklahoma
    Longitude
    -97.4902167
    Latitude
    35.2513683

    FAQs

    What type of property is this?
    Flex space - Three-unit flex setup combines office space with warehouse areas, each with an overhead door and private restroom.
    Where is this flex space located?
    The property is located at 2745 Broce Drive Norman, OK.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: Total 10,800 SF with a three‑unit flex layout combining office and warehouse space; Approximately 4,800 SF of office space plus 6,000 SF of warehouse space; Warehouse is divided into three units, each with an overhead door
    (405) 826-7975 Call to check price and availability
    More about this property
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