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    1619 Interstate Dr Norman, OK 73072

    For Lease
    $23 SF/Yr

    Prime Norman Retail, I-35 Visibility

    Lot size:
    23,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    Rivermoore Plaza, located at 1619 S Interstate Dr, Norman, OK 73072, offers a fantastic retail opportunity in a thriving Oklahoma City submarket. This single-story, 23,000 square foot strip center, built in 2008, boasts 144 parking spaces and enjoys high visibility along Interstate 35. Currently, there is 3,000 square feet of vacant space available, suitable for a variety of retail uses. The space is flexible, accommodating units ranging from 1,500 to 3,000 square feet. The center benefits from strong co-tenancy with established businesses including Louie's Bar & Grill, Perfect Nails, GoGo Sushi, Panang 7, and Tangles Hair Salon, creating a synergistic environment and attracting significant foot traffic. Situated in Norman County, this property provides easy access to a dense population base and benefits from its location within the Norman submarket cluster. The property's address is conveniently located near Telephone Road, further enhancing its accessibility and visibility. This is an exceptional opportunity to establish or expand your retail presence in a high-traffic, well-established retail center. The ample parking ensures convenient access for customers.

    Property Features for 1619 Interstate Dr

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    23,000 SF
    Total Rate
    44083.33

    Building Details

    Year Built
    2008
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    2,250 SF
    Rate per SF
    $23

    HighLights

    • High‑traffic location with over 100,000 vehicles passing daily.
    • Ample on‑site parking with 144 spaces.
    • Excellent co‑tenancy including Walmart, Lowe's, and other national and regional retailers.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Norman
    County
    Norman
    State
    Oklahoma
    Longitude
    -97.49054059
    Latitude
    35.32385168

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    FAQs

    What type of property is this?
    Retail property - Prime Norman Retail, I-35 Visibility
    Where is this retail property located?
    The property is located at 1619 Interstate Dr Norman, OK.
    What is the lease rate?
    The lease rate is $23 SF/Yr.
    What are key features of this property?
    This property features: High-traffic location with over 100,000 vehicles passing daily.; Ample on-site parking with 144 spaces.; Excellent co-tenancy including Walmart, Lowe's, and other national and regional retailers.
    Request Owner's contact information
    1619 Interstate Dr 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
    1619 Interstate Dr Norman, OK 73072
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