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    720 Research Park Blvd Norman, OK 73069

    For Lease
    $11 SF/Yr ($16,500 /Mo)

    Norman, OK: Modern industrial space, flexible layouts.

    Lot size:
    18,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional Norman, Oklahoma industrial property, located at 720 & 728 Research Park Blvd, offers 18,000 square feet of Class A space, ideally suited for manufacturing, flex, or warehouse operations. The property consists of two buildings, each offering multiple suites. Units range from a minimum of 1,500 square feet to a maximum contiguous space of 10,500 square feet, providing flexibility for businesses of various sizes. Built in 2018, the buildings boast 16-foot ceilings and are zoned I-1 (Light Industrial) within the Norman/North Norm submarket of Cleveland County. Each unit features a 12-foot overhead grade-level door, a 3-foot entry door leading directly into an office space, and a standard white box buildout. The 25' x 60' space includes a heated/cooled office and restroom, along with a heated warehouse. The property provides 200 Amp/3-phase power. With ample space available and modern amenities, this property presents a prime opportunity for businesses seeking efficient and adaptable industrial space in a thriving location. The property is currently fully vacant.

    Property Features for 720 Research Park Blvd

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    18,000 SF
    Class
    A
    Total Rate
    16500

    Building Details

    Year Built
    2018
    Buildings
    2

    Unit(s) available at that property

    Space
    728 Research Park Blvd
    Size
    10,500 SF
    Rate per SF
    $11
    Space
    720 Research Park Blvd
    Size
    10,500 SF
    Rate per SF
    $11
    Space
    720 - Suite 102
    Size
    4,500 SF
    Rate per SF
    $12
    Space
    720 - Suite 110
    Size
    3,000 SF
    Rate per SF
    $12
    Space
    728 - Suite 100
    Size
    1,500 SF
    Rate per SF
    $12
    Space
    728 - Suite 104
    Size
    1,500 SF
    Rate per SF
    $12
    Space
    728 - Suite 112
    Size
    1,500 SF
    Rate per SF
    $12
    Space
    2000-100&104
    Size
    3,000 SF
    Rate per SF
    $12

    HighLights

    • Excellent location with immediate proximity to Hwy 77/Flood Ave and easy I‑35 access.
    • 18,000 SF of Class A industrial space in two buildings, offering suites from 1,500 to 10,500 contiguous SF.
    • 200 Amp/3‑phase power.
    • 12' x 12' grade‑level overhead doors.
    • 2018 construction with 16' ceilings.
    • Property is not suitable for cannabis‑related businesses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Research Park Industrial Warehouse

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Auto Repair Shop 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
    -97.4525091
    Latitude
    35.24292188

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    FAQs

    What type of property is this?
    Distribution property - Norman, OK: Modern industrial space, flexible layouts.
    Where is this distribution property located?
    The property is located at 720 Research Park Blvd Norman, OK.
    What is the lease rate?
    The lease rate is $11-$12 SF/Yr.
    What are key features of this property?
    This property features: Excellent location with immediate proximity to Hwy 77/Flood Ave and easy I-35 access.; 18,000 SF of Class A industrial space in two buildings, offering suites from 1,500 to 10,500 contiguous SF.; 200 Amp/3-phase power.
    Request Owner's contact information
    720 Research Park Blvd 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
    720 Research Park Blvd Norman, OK 73069
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