2845 Broce Drive Norman, OK 73072
Renovated two-building office/warehouse setup with multiple suites and warehouse space for owner-users or investors.
- Added:
- Aug 14, 2025
- Days on Market:
- 335
- Last Refresh:
- Jul 8 at 3:31 am
Property Features for 2845 Broce Drive
General Information
- Standard status
- Active
- Size
- 10,250 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1982
Listing office Brick and Beam Realty (405) 435-3572
Listing date Aug 14, 2025
Source Capitalrealestateok
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All listing content including descriptions, pricing, images are the copyrighted material of Brick and Beam Realty
Investment Insights
Based on property information with market context.
The interior configuration combines private offices, restrooms, and kitchen areas with open common space and warehouse components. That mix supports businesses that need both administrative space and functional warehouse operations within the same facility.
The property is well suited for an owner-user looking for office and warehouse space together, or for an investor evaluating a multi-suite structure with one unit leased and additional suites available. The flex-style layout can accommodate a range of office-supported industrial uses, with each suite offering distinct space for different operating needs.
Key Highlights
- Renovated office/warehouse property on Broce Drive built in 1982
- Two buildings total 10,250 SF: Unit A 2,600 SF leased; Suites B (3,650 SF), C (2,200 SF), and D (1,800 SF) available
- Flexible layout with private offices, restrooms, kitchen areas, and open common space
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 | $156.2k | $15.24 |
| − Vacancy | −$40.3k | −$3.93 |
| EGI | $115.9k | $11.31 |
| − OpEx | −$29.0k | −$2.83 |
| NOI | $86.9k | $8.48 |
