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    Climate Controlled Industrial Flex Space Title is generated by Realmo AI

    30227 Santa Fe Ave, Norman, OK

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

    Type:INDUSTRIAL
    Property size:
    6,262 SF
    Lot size:
    2.70 Acres
    Price / SF:
    $110/SF
    Added:
    May 9, 2025
    Days on Market:
    402
    Last Refresh:
    May 19 at 9:34 pm

    Property Features for 30227 Santa Fe Ave

    General Information

    Standard status
    Active
    Size
    6,262 SF
    Lot size
    2.70 Acres
    Property subtype
    INDUSTRIAL

    We can help!

    Listing Contact
    Tyler Steer
    Tyler Steer

    Listing agent Tyler Steer License #CA 01894476

    Listing office Equity Commercial Realty Advisors - OKC

    Listing date May 9, 2025

    Source Moodyscre

    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

    HighLights

    • 6,262 SF of space on 2.3 acres
    • Fully climate controlled with three (3) four (4) ton units
    • Features 25 parking spaces
    • Unincorporated - Rural Commercial Industrial zoning
    • Located within the Norman School District
    • 12' average wall height

    Overview

    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.

    Local 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 local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Hotel & Motel Cafe & Coffee Shop Restaurant

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

    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
    -97.5122
    Latitude
    35.1498

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    FAQs

    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
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Tyler Steer
    Tyler Steer
    Real Estate License ID: CA 01894476
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