Self Storage
For Sale
Contact for pricing
3650 Classen Boulevard, Norman, OK 73071
For sale self storage facility offering dedicated space in Norman, Oklahoma.
Property Size36,225 SF
Price / SF$82.68
Days on Market52
Property Features for 3650 Classen Boulevard
General Information
Standard status
Active
Size
36,225 SF
Property subtype
Self Storage
Building Details
Year Built
2003
Listing Agency:
Cummins-Setters Commercial Partners
Listed By:
Kip Cummins · License #OK176412
Source:
Crexi
Added: Jun 16
Changed: Jul 10
Last Checked: Aug 5 at 1:04PM
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 Cummins-Setters Commercial Partners
Investment Insights
Based on property information with market context.
This property is a self storage facility offered for sale, encompassing a total property size of 36,225 square feet. The asset is positioned to serve tenants needing secured, dedicated storage space, with the overall layout designed for storage operations.
The facility is located at 3650 Classen Boulevard in Norman, Oklahoma. Interested parties should review the configuration and unit mix onsite or with the listing broker, as the provided information does not specify building count or specific storage unit types.
For operators and investors evaluating storage opportunities, this property’s scale and warehouse-style square footage can support a range of storage demand profiles, subject to market conditions and unit planning. For buyers, due diligence should include confirmation of current facility operations, tenant or unit status if applicable, and any site or building details that affect day-to-day management, leasing, and maintenance.
The facility is located at 3650 Classen Boulevard in Norman, Oklahoma. Interested parties should review the configuration and unit mix onsite or with the listing broker, as the provided information does not specify building count or specific storage unit types.
For operators and investors evaluating storage opportunities, this property’s scale and warehouse-style square footage can support a range of storage demand profiles, subject to market conditions and unit planning. For buyers, due diligence should include confirmation of current facility operations, tenant or unit status if applicable, and any site or building details that affect day-to-day management, leasing, and maintenance.
Key Highlights
- Self storage facility for sale in Norman, Oklahoma
- Built in 2003
- Address: 3650 S Classen Blvd
Financial Insights For Warehouse
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 | $326.0k | $9.00 |
| − Vacancy | −$19.6k | −$0.54 |
| EGI | $306.5k | $8.46 |
| − OpEx | −$46.0k | −$1.27 |
| NOI | $260.5k | $7.19 |
36,225 SF · lease $9.00/SF/yr · vacancy 6.00% · expense 15.00%
Alternative Uses
Best Use
Self Storage
$4.40M
$3.85M – $5.13M
NOI $307,941 @ 7.0% cap · market cap 10.28%
Second Best
Warehouse
$3.72M
$3.26M – $4.34M
NOI $260,494 @ 7.0% cap · market cap 8.70%
Theoretical Best
Specialty Retail
$6.26M
$5.48M – $7.30M
NOI $438,178 @ 7.0% cap · market cap 14.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
125
Businesses Nearby
Explore this area
Business Placement
Demographics for 73071, OK
43,379
Population
19,192
Households
2.3
Avg Household Size
31
Median Age
42%
College-Educated
94%
High-School Grad
23.3 sq mi
ZIP Area
1,862
Density / Sq Mi
$59,258
Median Household Income
$32,830
Median Earnings
$1,059
Median Rent
$206,600
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Self storage facility - For sale self storage facility offering dedicated space in Norman, Oklahoma.
Where is this self storage facility located?
The property is located at 3650 Classen Boulevard Norman, OK.
What is the asking price?
The asking price for this property is $2,995,000.
What are key features of this property?
This property features: Self storage facility for sale in Norman, Oklahoma; Built in 2003; Address: 3650 S Classen Blvd
