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Norman Commercial Investment Opportunity

30217 Santa Fe Ave, Norman, OK 73072

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For Sale

Contact for pricing

6,262 SF commercial building on 2.3 acres for sale.

Type:Industrial, Mixed Use

Property size:

6,262 SF

Lot size:

2.30 Acres

Price / SF:

$110/SF

HighLights

6,262 SF fully insulated and climate‑controlled industrial building.
Benefit from 2.3 acres of commercially zoned land.
Located in a growing and dynamic market, South of Highway 9 West on Santa Fe.
Features 25 paved surface parking spaces.
Constructed in 2007.
Located just North of Norman's newest live, work, play community, Selah.

We can help!

Contact an agent

Tyler Steer

Learn more

For Sale

Contact for pricing

6,262 SF commercial building on 2.3 acres for sale.

Type:Industrial, Mixed Use

Property size:

6,262 SF

Lot size:

2.30 Acres

Price / SF:

$110/SF

Added:: Apr 26, 2025
Days on Market:: 432
Last Refresh:: Mar 17 at 1:17 pm

Property Features for 30217 Santa Fe Ave

General Information

Standard status: Active
Size: 6,262 SF
Lot size: 2.30 Acres
Property subtype: Industrial, Mixed Use

Building Details

Year Built: 2007

We can help!

Contact an agent

Tyler Steer

Listing office Equity Commercial Realty Advisors, LLC

Listing date Apr 26, 2025

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

6,262 SF fully insulated and climate‑controlled industrial building.
Benefit from 2.3 acres of commercially zoned land.
Located in a growing and dynamic market, South of Highway 9 West on Santa Fe.
Features 25 paved surface parking spaces.
Constructed in 2007.
Located just North of Norman's newest live, work, play community, Selah.

Overview

This commercial property in Norman, OK, presents an investment opportunity. It is situated on 2.3 acres of commercially zoned land. The property features a 6,262 SF fully insulated and climate-controlled industrial building, constructed in 2007. The building has an average wall height of 12 feet. There are 25 paved surface parking spaces on site. The property is suitable for light industrial, warehouse, or service-oriented operations. It is located within the Norman School District. The location is south of Highway 9 West on Santa Fe, and just north of Norman's newest live, work, play community, Selah.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$93.9k	$15.00
− Vacancy	−$4.7k	−$0.75
EGI	$89.2k	$14.25
− OpEx	−$26.8k	−$4.27
NOI	$62.5k	$9.98

6,262 SF · lease $15.00/SF/yr · vacancy 5.00% · expense 30.00%

Alternative Uses

Best Use

Retail

$892.3K

$780.8K – $1.04M (±1% cap)

NOI $62,463 @ 7.0% cap · market cap 8.99%

Second Best

Warehouse

$643.3K

$562.9K – $750.5K (±1% cap)

NOI $45,030 @ 7.0% cap · market cap 6.48%

Theoretical Best

Specialty Retail

$1.08M

$946.8K – $1.26M (±1% cap)

NOI $75,745 @ 7.0% cap · market cap 10.90%

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

Location Intelligence

Current Use by Public Records

Canine Sports Academy Animal Training

Suggested Use

Similar Places Nearby

Step Brothers — 423 S Webster Ave, Norman, OK 73069
Ummi's Kitchen — norman, ok 73069
Prohibition Truck — 317 E Main St, Norman, OK 73069

Location Insight

Map
Local Demand

City: Norman
County: Cleveland
State: Oklahoma
Longitude: -97.51215
Latitude: 35.149796

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For sale
Flex space
OK
Norman
73072
30217 Santa Fe Ave

What type of property is this?

Flex space - 6,262 SF commercial building on 2.3 acres for sale.

Where is this flex space located?

The property is located at 30217 Santa Fe Ave Norman, OK.

What is the asking price?

The asking price for this property is $695,000.

What are key features of this property?

This property features: 6,262 SF fully insulated and climate‑controlled industrial building.; Benefit from 2.3 acres of commercially zoned land.; Located in a growing and dynamic market, South of Highway 9 West on Santa Fe.