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    932 Flood Ave Norman, OK 73069

    For Lease
    $16 SF/Yr ($9,970 /Mo)

    Prime Retail/Office Space Available

    Lot size:
    7,478 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional Oklahoma City property offers 7,478 square feet of versatile space, ideal for retail or office use. Currently, 5,210 square feet are available for lease or sale, divisible into units ranging from 1,219 to 3,991 contiguous square feet. The building, situated on a 0.28-acre lot in Cleveland County, features a single story with multiple units. Unit 930 boasts 2,772 square feet, including front and back entrances, two restrooms, a breakroom, and nine potential office spaces (currently open). Unit 932 comprises 1,219 square feet, offering a front entrance, back patio access, one restroom, and one private office with open space. An enclosed rear patio provides additional outdoor space, and ample parking is available. The property also includes undeveloped, cross-fenced land at the rear, presenting potential for future expansion or development. The building's previous use as a retail store makes it adaptable to a variety of businesses. This is a unique opportunity to acquire a well-located property with significant potential in a thriving Oklahoma City submarket.

    Property Features for 932 Flood Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,478 SF
    Total Rate
    9970.67

    Building Details

    Stories
    1

    Unit(s) available at that property

    Space
    Space 930
    Size
    3,991 SF
    Rate per SF
    $16
    Space
    Space 932
    Size
    1,219 SF
    Rate per SF
    $16

    HighLights

    • 7,478 SF retail/office building in Oklahoma City, OK.
    • Multiple tenancies available, totaling 5,210 SF of vacant space.
    • Units range from 1,219 SF to 3,991 SF contiguous.
    • Located in Cleveland County.
    • Features include a rear enclosed patio and additional parking.
    • Unit 930 offers 2,772 SF with two restrooms, a breakroom, and nine potential offices.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Kari A. Scott, LPC Counselor Brown Christopher Counselor Sassy Sister’s Gourmet ... Gourmet Grocery Store Jeremy Elledge Counselor CM Bling Fashion Accessories Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Norman
    County
    Cleveland
    State
    Oklahoma
    Longitude
    -97.4527824
    Latitude
    35.2267685

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Retail/Office Space Available
    Where is this office property / space located?
    The property is located at 932 Flood Ave Norman, OK.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: 7,478 SF retail/office building in Oklahoma City, OK.; Multiple tenancies available, totaling 5,210 SF of vacant space.; Units range from 1,219 SF to 3,991 SF contiguous.
    Request Owner's contact information
    932 Flood Ave 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
    932 Flood Ave Norman, OK 73069
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