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30227 Santa Fe Ave, Norman, OK, 00000
Climate Controlled Industrial Flex Space

30227 Santa Fe Ave Norman, OK

For Sale
Contact for pricing

6,262 SF flex space with climate control for sale.

Property Size6,262 SF
Lot Size2.70 Acres
Price / SF$110.99
Days on Market448

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
Listed By: Tyler Steer · License #CA 01894476
Source: Moodyscre
Added: May 9, 2025 Changed: Jul 6 Last Checked: Jul 21 at 6:56AM

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

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 For Flex RnD

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 $67.6k $10.80
− Vacancy −$4.7k −$0.76
EGI $62.9k $10.04
− OpEx −$22.0k −$3.52
NOI $40.9k $6.53
6,262 SF · lease $10.80/SF/yr · vacancy 7.00% · expense 35.00%

Alternative Uses

Best Use
Flex RnD
$584.0K
$511.0K – $681.4K (±1% cap)
NOI $40,882 @ 7.0% cap · market cap 5.88%
Second Best
Industrial
$529.8K
$463.6K – $618.1K (±1% cap)
NOI $37,084 @ 7.0% cap · market cap 5.34%
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 authorities.

Property Analytics

Property Profile Location Intelligence

Current Use

Flex space

Suggested Use

Top Pick Cafe & Coffee Shop Restaurant Hotel & Motel

Zoning and permitted uses should be independently verified with authorities.

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
(405) 642-4335 Call to check price and availability
More about this property
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