Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    4701 W Main St Norman, OK 73072

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Newly constructed office/warehouse with flexible layouts and ample parking.

    Property size:
    2,400 SF
    Lot size:
    0.75 Acres

    Property Features for 4701 W Main St

    General Information

    Size
    2,400 SF
    Lot size
    0.75 Acres

    We can help!

    Listing Contact
    Chris Johnson
    Source: Moodyscre

    Listing Agency: Brick and Beam Realty Listing Agent: Chris Johnson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Modern Office/Warehouse Space Available

    This newly constructed two-story brick office/warehouse development, known as Studio Row, is now complete and actively leasing. The property offers modern, fully climate-controlled spaces with ample parking and prime signage opportunities along Main Street. Zoned C-2, the property supports a wide range of uses and is ideal for professional offices with integrated warehouse space, retail storefronts, or other commercial operations. Each unit features a black brick exterior, white oak-inspired finishes, and oversized windows. Layouts can be built to suit tenant needs. The property is conveniently located less than two miles from I-35 and three miles from Highway 9. Limited availability remains, as three suites have already been leased. The property has a size of 3300 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Restaurant Law Firm Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Skin Care Clinic Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Norman
    County
    Cleveland
    State
    Oklahoma
    Longitude
    -97.5105219
    Latitude
    35.2188752

    Nearby Similar for Lease

    • $1,552 /Mo
      1,406 SF

      Modern Warehouse with Office Space

      Modern warehouse with office, built in 2020, in Norman.
      1820 W Tecumseh Rd, Norman, OK 73069
      View Details
    • $1,552 /Mo
      8,160 SF

      Modern Warehouse Built in 2020

      Modern warehouse with office, accessible bathroom, and garage space.
      1800 W Tecumseh Rd, Norman, OK 73069
      View Details
    • $12 SF/Yr
      1,970 SF

      Office Space Near I-35

      Office space for lease near I-35 and OU campus.
      2241 W Lindsey St, Norman, OK 73069
      View Details
    • $18 SF/Yr

      Grocery-Anchored Retail Space Available

      Retail space in Norman, OK, with strong co-tenancy.
      1209-1249 E Alameda St, Norman, OK 73071
      View Details
    • $12 SF/Yr

      Norman Retail Space For Lease

      Retail property with high visibility and pylon signage available.
      2224-2300 W Main St, Norman, OK 73069
      View Details
    • Contact for pricing

      Retail Space at University Center

      Retail space for lease in Norman's University Town Center.
      1400 24Th Ave NW, Norman, OK 73072
      View Details
    • $20 SF/Yr

      Retail Space Near OU Campus

      Retail space available near the University of Oklahoma campus.
      1065 36Th Ave Northwest, Norman, OK 73072
      View Details
    • $27 SF/Yr
      1,400 SF

      Retail Space on Campus Corner

      Retail space with high visibility near the University of Oklahoma.
      323 White St, Norman, OK 73069
      View Details
    • $12 SF/Yr
      1,500 SF

      Office/Warehouse Space Near I-35

      1500 SF office/warehouse space with easy access to I-35.
      3333 Deskin Dr, Norman, OK 73069
      View Details
    • $18 SF/Yr
      3,750 SF

      Norman Retail Space For Rent

      Retail space available in Norman with strong co-tenancy.
      1209-1249 Alameda St, Norman, OK 73071
      View Details
    • $13 SF/Yr
      3,750 SF

      Retail Space Near University

      Retail space with excellent co-tenancy near the University.
      1251 East Alameda St, Norman, OK 73071
      View Details
    • $9 SF/Yr

      Modernized Office Space For Rent

      Office space undergoing modernization, available for lease.
      1006 N University Blvd, Norman, OK 73069
      View Details

    FAQs

    What type of property is this?
    Office units - Newly constructed office/warehouse with flexible layouts and ample parking.
    Where is this office units located?
    The property is located at 4701 W Main St Norman, OK.
    What are key features of this property?
    This property features: - Newly constructed, modern office/warehouse spaces with climate control.; - Prime location with ample parking and signage opportunities on Main Street.; - Flexible C-2 zoning supports a wide range of uses (office, retail, warehouse).
    (405) 439-9206 Call to check price and availability
    Request Owner's contact information
    4701 W Main St Norman, OK 73072
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4701 W Main St
    Norman, OK 73072
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4701 W Main St Norman, OK 73072
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Chris Johnson
    Real Estate License ID: 200452
    (405) 439-9206 (405) 435-3572
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!