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    34Th Ave Norman, OK 73072

    For Lease
    $17 SF/Yr

    Norman, OK Shopping Center Opportunity

    Lot size:
    24,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    Redbud Plaza, a single-story, 24,000 square foot shopping center in Norman, Oklahoma, offers exceptional retail space. Built in 1997, this property boasts four suites, with 11,494 square feet currently vacant. Flexible space options range from a minimum of 1,180 square feet to a maximum contiguous space of 6,018 square feet, catering to a variety of business needs. Strategically located at 235-247-255 34th Avenue NW, Norman, OK 73072, the plaza enjoys high visibility and accessibility, situated between Main Street and Ed Noble Parkway, providing convenient access to I-35. This prime location within the Norman submarket of Cleveland County places your business amidst a thriving community of established businesses, including popular restaurants and professional services. The property presents a unique chance to establish or expand your retail presence in a dynamic and well-connected area. This is an excellent opportunity for businesses seeking a high-traffic location with ample space to grow. The property's convenient access and established surrounding businesses create a strong foundation for success.

    Property Features for 0 34Th Ave

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    24,000 SF
    Total Rate
    34000

    Building Details

    Year Built
    1997
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 235
    Size
    1,180 SF
    Rate per SF
    $18
    Space
    Suite 247
    Size
    1,652 SF
    Rate per SF
    $20
    Space
    Suite 255
    Size
    2,644 SF
    Rate per SF
    $20
    Space
    Suite 263
    Size
    6,018 SF
    Rate per SF
    $17

    HighLights

    • Excellent Westside location, directly across from Sam's Club, Sooner Mall, and the Public Library.
    • Suites ranging from 1,180 to 2,644 square feet available.
    • Prime location with convenient I‑35 access and strong neighboring businesses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Map

    City
    Norman
    County
    Cleveland
    State
    Oklahoma
    Longitude
    -97.49114638
    Latitude
    35.21705219

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    FAQs

    What type of property is this?
    Lifestyle center - Norman, OK Shopping Center Opportunity
    Where is this lifestyle center located?
    The property is located at 34Th Ave Norman, OK.
    What is the lease rate?
    The lease rate is $17-$20 SF/Yr.
    What are key features of this property?
    This property features: Excellent Westside location, directly across from Sam's Club, Sooner Mall, and the Public Library.; Suites ranging from 1,180 to 2,644 square feet available.; Prime location with convenient I-35 access and strong neighboring businesses.
    Request Owner's contact information
    34Th Ave Norman, OK 73072
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    Norman, OK 73072
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    Realmo Value Estimation

    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.

    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.

    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
    34Th Ave Norman, OK 73072
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