Climate Controlled Industrial Flex
For Sale
Contact for pricing
30227 Santa Fe Ave, Norman, OK
6,262 SF flex space with climate control for sale.
Property Size6,262 SF
Lot Size2.70 Acres
Price / SF$110.99
Days on Market538
Property Features for 30227 Santa Fe Ave
General Information
Standard status
Active
Size
6,262 SF
Lot size
2.70 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Equity Commercial Realty Advisors - OKC
(405) 364-5300
Listed By:
Tyler Steer · License #145515
(405) 642-4335
Source:
Moodyscre
Added: May 9, 2025
Changed: Oct 25
Last Checked: Oct 26 at 7:18PM
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 - OKC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 6,262 square foot flex space, constructed in 2007, is fully climate controlled via three four-ton units. The property includes 25 parking spaces. It features an average wall height of 12 feet. Situated on 2.3 acres in an unincorporated area designated as Rural Commercial Industrial, the property is located within the Norman School District.
Key Highlights
- 6,262 SF of space on 2.3 acres
- Fully climate controlled with three (3) four (4) ton units
- Features 25 parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,882
Cap Rate
5.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$817,640
$817.6K
Cap Rate 7%
$584,029
$584.0K
Cap Rate 9%
$454,244
$454.2K
Market Conditions
NOI Build-Up for 6,262 SF
Gross rent
$67.6K $10.80/SF
− Vacancy
−$4.7K −$0.76/SF
EGI
$62.9K $10.04/SF
− OpEx
−$22.0K −$3.52/SF
NOI
$40.9K $6.53/SF
Area
Norman, OK
Vacancy
7.00%
Lease Rate
$10.80 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$817,640
Cap Rate 7%
$584,029
Cap Rate 9%
$454,244
Alternative Uses
Best Use
Flex RnD
$584.0K
$511.0K – $681.4K
NOI $40,882 @ 7.0% cap · market cap 5.88%
Second Best
Industrial
$529.8K
$463.6K – $618.1K
NOI $37,084 @ 7.0% cap · market cap 5.34%
Theoretical Best
Specialty Retail
$1.08M
$946.8K – $1.26M
NOI $75,745 @ 7.0% cap · market cap 10.90%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
12
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - 6,262 SF flex space with climate control for sale.
Where is this flex space located?
The property is located at 30227 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 of space on 2.3 acres; Fully climate controlled with three (3) four (4) ton units; Features 25 parking spaces
