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    413 Highland Pkwy Norman, OK 73069

    Sponsored
    For Lease
    $9 SF/Yr ($9,500 /Mo)

    Two 2,000 SF units, excellent location.

    Lot size:
    12,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Norman, Oklahoma industrial property, located at 413 Highland Pkwy, 73069, offers two available warehouse units, each spanning 2,000 square feet. Situated on a 0.85-acre lot within a well-maintained, locally-owned industrial park, this property presents a compelling opportunity for businesses seeking efficient and functional space. The building's total area is 12,000 square feet, currently with 6,000 square feet vacant, divided into two suites. Each unit provides climate-controlled office space and heated warehouse areas, ensuring year-round comfort and productivity. The property boasts 208V, 3-phase power, catering to a variety of industrial needs. Zoned I-1, this location offers convenient access to key transportation routes and amenities within Cleveland County. The property has a history of attracting long-term tenants, reflecting its desirability and value. This is a rare opportunity to secure high-quality, affordable office/warehouse space in a prime Norman location. The units are ready for immediate occupancy.

    Property Features for 413 Highland Pkwy

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,000 SF
    Total Rate
    9500

    Unit(s) available at that property

    Space
    Suite 415
    Size
    2,000 SF
    Rate per SF
    $9
    Space
    Sutie 421
    Size
    2,000 SF
    Rate per SF
    $9

    HighLights

    • Office/Studio Finishes Available
    • I‑1 Zoning
    • Concrete Tilt‑Up Construction
    • 12' x 12' Grade‑Level Overhead Doors
    • 208V, 3‑Phase Power
    Property Profile Location Intelligence

    Current Use by Public Records

    405 WINDOW TINT, ... Auto Window Tinting Service

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Norman
    County
    Cleveland
    State
    Oklahoma
    Longitude
    -97.450855
    Latitude
    35.228855

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    FAQs

    What type of property is this?
    Distribution property - Two 2,000 SF units, excellent location.
    Where is this distribution property located?
    The property is located at 413 Highland Pkwy Norman, OK.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: Office/Studio Finishes Available; I-1 Zoning; Concrete Tilt-Up Construction
    Request Owner's contact information
    413 Highland Pkwy Norman, OK 73069
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    Norman, OK 73069
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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
    413 Highland Pkwy Norman, OK 73069
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