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    1018 24Th Ave Norman, OK 73069

    For Sale
    $1,660,560

    7,855 SF Office, Owner/User Opportunity

    Property size:
    7,855 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 7,855-square-foot office building, constructed in 2007 and renovated in 2022, presents a compelling owner-user opportunity in Norman, Oklahoma. Located at 1018 NW 24th Ave, within the desirable Quorum Office Park, this single-story Class C building sits on a 1.02-acre lot and is zoned for office use. The asking price is $1,660,560, translating to $220 per square foot. The property features attractive brick construction and finishes, reflecting a well-maintained and aesthetically pleasing design. The building's layout offers flexible space, suitable for a variety of uses, including a corporate headquarters or medical facility. The property is ideally situated for convenient access to major thoroughfares, including Robinson Street, Main Street, and Interstate 35, ensuring excellent accessibility for employees and clients. The Quorum Office Park provides a park-like setting and a strong tenant mix, enhancing the overall appeal and value of this investment. The building can be leased in its entirety or subdivided into smaller suites to accommodate specific tenant requirements. This presents a rare opportunity to acquire a well-maintained, strategically located office building in a thriving area of Norman.

    Property Features for 1018 24Th Ave

    General Information

    Property type
    Office buildings
    Square Feet
    7,855 SF
    Class
    C
    Lot Size
    44,431 SF

    Building Details

    Year Built/Renovated
    2007/2022
    Stories
    1

    HighLights

    • Ideal medical office or corporate headquarters.
    • Brick construction with high‑quality finishes.
    • Exceptional interior build‑out.
    • Excellent owner‑user opportunity.
    • Beautifully landscaped grounds.
    • Prime West Norman location with convenient I‑35 access.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    ACES ABA Specialized Clinic Clinton Wealth Management Financial Planner Excel Chiropractic Chiropractor Excel Spine & Rehab Chiropractor

    Suggested Use

    Realty agency Law Firm Restaurant 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
    -97.4705935
    Latitude
    35.2585957

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    FAQs

    What type of property is this?
    Office building - 7,855 SF Office, Owner/User Opportunity
    Where is this office building located?
    The property is located at 1018 24Th Ave Norman, OK.
    What is the asking price?
    The asking price for this property is $1,660,560.
    What are key features of this property?
    This property features: Ideal medical office or corporate headquarters.; Brick construction with high-quality finishes.; Exceptional interior build-out.
    (405) 701-3505
    Request Owner's contact information
    1018 24Th Ave 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
    1018 24Th Ave Norman, OK 73069
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