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Open-Plan Retail Suite
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480 NW 24th Avenue #116, Norman, OK 73069

Flexible commercial suite includes a restroom and dedicated utility room within Madison Square.

Property Size980 SF
Price / SF$1.88
Days on Market124

Property Features for 480 NW 24th Avenue #116

General Information

Standard status Active
Size 980 SF
Property subtype Commercial
Zoning Commercial

Taxes and HOA fees

Annual Taxes $56,053

Building Details

Year Built 2010
Stories 1
Units 1
Abandoned No
Listing Agency: Brick and Beam Realty
Listed By: Chris Johnson · License #200452
Source: Capitalrealestateok
Added: Apr 17 Changed: Aug 15 Last Checked: Aug 17 at 11:06PM

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 Brick and Beam Realty

Investment Insights

Based on property information with market context.

Suite 116 at Madison Square provides 980 SF of adaptable commercial space in a straightforward, functional configuration. The interior includes an open primary area, one restroom, and a separate utility and clean-out room. The layout can accommodate retail, office, or service-oriented operations, subject to applicable requirements.

The property is located in northwest Norman at 480 NW 24th Avenue, placing the suite within an established commercial center. Its position within Madison Square provides an accessible setting for businesses seeking a compact space with practical support areas and room for a customized interior arrangement.

Key Highlights

  • 980 SF suite at Madison Square
  • Open main area supports customized interior layouts
  • Includes one restroom and a dedicated utility/clean‑out room

Property Analytics

Current Use

Weather Home Insurance ... Marketing & Advertising Old Republic Titlec ... Title Company WSB General Contractor Seda Law Firm ... Law Firm BudEaze 24 Hour ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Kitchen & Bath Showroom HVAC Service Storage Facility Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,243
Businesses Nearby

Demographics for 73069, OK

26,464
Population
12,719
Households
2.1
Avg Household Size
32
Median Age
45%
College-Educated
93%
High-School Grad
15.7 sq mi
ZIP Area
1,686
Density / Sq Mi
$55,699
Median Household Income
$34,151
Median Earnings
$1,031
Median Rent
$212,400
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Flexible commercial suite includes a restroom and dedicated utility room within Madison Square.
Where is this retail space located?
The property is located at 480 NW 24th Avenue #116 Norman, OK.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: 980 SF suite at Madison Square; Open main area supports customized interior layouts; Includes one restroom and a dedicated utility/clean‑out room
More about this property
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