Retail-Oriented Flex
For Sale
Contact for pricing
903 N Main St, Noble, OK 73068
Commercial space combines showroom functionality with rear storage and a restroom in an established local business corridor.
Property Size1,250 SF
Price / SF$1.00
Days on Market61
Property Features for 903 N Main St
General Information
Standard status
Active
Size
1,250 SF
Listing Agency:
Brick and Beam Realty
(405) 439-9206
Listed By:
Chris Johnson · License #200452
(405) 435-3572
Source:
Exprealty
Added: Aug 19
Changed: Oct 6
Last Checked: Oct 16 at 2:08PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This flex space at 903 N Main St includes a front retail and showroom area, an additional middle room, rear storage, and one restroom. The property has 1,250 square feet with 9-foot ceilings throughout, creating a practical configuration for retail, service, or small-business operations.
The space is positioned in the 7-11 shopping center at Noble’s north end, along a primary commercial route near Downtown Noble. Restaurants, convenience-oriented retail, and other local businesses occupy the surrounding commercial area, with Norman only minutes away.
The space is positioned in the 7-11 shopping center at Noble’s north end, along a primary commercial route near Downtown Noble. Restaurants, convenience-oriented retail, and other local businesses occupy the surrounding commercial area, with Norman only minutes away.
Key Highlights
- 1,250‑square‑foot flex space with 9‑foot ceilings
- Front retail/showroom area plus a middle room
- Rear storage room and one restroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$4,920
Suggested Prices Based on Cap Rates
Cap Rate 5%
$98,400
$98.4K
Cap Rate 7%
$70,286
$70.3K
Cap Rate 9%
$54,667
$54.7K
Market Conditions
NOI Build-Up for 1,250 SF
Gross rent
$7.4K $5.95/SF
− Vacancy
−$409 −$0.33/SF
EGI
$7.0K $5.62/SF
− OpEx
−$2.1K −$1.69/SF
NOI
$4.9K $3.94/SF
Area
Cleveland County, OK
Vacancy
5.50%
Lease Rate
$5.95 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$98,400
Cap Rate 7%
$70,286
Cap Rate 9%
$54,667
Alternative Uses
Best Use
Flex RnD
$222.4K
$194.6K – $259.5K
NOI $15,567 @ 7.0% cap · market cap 1,245.36%
Second Best
Retail
$178.1K
$155.9K – $207.8K
NOI $12,469 @ 7.0% cap · market cap 997.52%
Theoretical Best
Office A
$307.4K
$269.0K – $358.6K
NOI $21,517 @ 7.0% cap · market cap 1,721.36%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
138
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 73068, OK
12,368
Population
5,115
Households
2.4
Avg Household Size
38
Median Age
22%
College-Educated
88%
High-School Grad
64.5 sq mi
ZIP Area
192
Density / Sq Mi
$78,727
Median Household Income
$43,050
Median Earnings
$958
Median Rent
$188,800
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Commercial space combines showroom functionality with rear storage and a restroom in an established local business corridor.
Where is this flex space located?
The property is located at 903 N Main St Noble, OK.
What are key features of this property?
This property features: 1,250‑square‑foot flex space with 9‑foot ceilings; Front retail/showroom area plus a middle room; Rear storage room and one restroom
