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    600 Interstate Dr Norman, OK 73072

    For Sale
    $1,800,000

    Established restaurant; high traffic location; $1.8M.

    Property size:
    9,486 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 9,486 square foot restaurant space, located at 600 N Interstate Dr in Norman, Oklahoma, is available for purchase at $1,800,000 cash. Currently vacant, this property presents a unique opportunity for a discerning buyer. The building enjoys a highly desirable location within Norman's "Mile of Cars" automobile district, benefiting from exceptional visibility and high traffic counts due to its proximity to Interstate 35. This established location is surrounded by successful businesses including Salt Grass Steak House, Ted's, Chuy's, and Cracker Barrel, ensuring a strong customer base and high foot traffic. The property is classified as retail, with a restaurant subtype. The sale price includes the real estate only; fixtures and any existing business operations are available for separate purchase. The property is situated in Cleveland County, Oklahoma, zip code 73072, and offers significant potential for a new restaurant or similar retail venture. This is a turnkey opportunity to establish a thriving business in a prime Norman location.

    Property Features for 600 Interstate Dr

    General Information

    Property type
    Restaurants
    Square Feet
    9,486 SF

    HighLights

    • $1,800,000 asking price, all cash offer.
    • 9,486 square foot vacant retail restaurant space.
    • Located at 600 N Interstate Dr, Norman, OK 73072.
    • High traffic location near I‑35, within Norman's "Mile of Cars" auto district.
    • Excellent visibility, adjacent to established restaurants (Salt Grass, Ted's, Chuy's, Cracker Barrel).
    • Broker co‑op available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Yamato Japanese Steakhouse

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Norman
    County
    Cleveland
    State
    Oklahoma
    Longitude
    -97.4867625
    Latitude
    35.2259357

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    FAQs

    What type of property is this?
    Restaurant - Established restaurant; high traffic location; $1.8M.
    Where is this restaurant located?
    The property is located at 600 Interstate Dr Norman, OK.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: $1,800,000 asking price, all cash offer.; 9,486 square foot vacant retail restaurant space.; Located at 600 N Interstate Dr, Norman, OK 73072.
    Request Owner's contact information
    600 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
    600 Interstate Dr Norman, OK 73072
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