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    2505 Main St Norman, OK 73069

    For Sale
    $6,425,000

    Norman, OK Retail Investment

    Property size:
    47,236 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional Norman, Oklahoma retail property, located at 2505 + 2525 West Main Street, presents a compelling investment opportunity. The 5.9-acre lot boasts a substantial 47,236 square foot building, ideally suited for redevelopment or immediate occupancy. Currently zoned C-2, the property offers significant flexibility for various uses. Its strategic location, just west of the busy 24th Ave NW and Main St intersection and within 1,000 feet of I-35 access, ensures high visibility and exceptional traffic exposure, exceeding 32,000 vehicles daily. The building features multiple overhead doors, ranging from 10 to 14 feet in height, and ample on-site parking. The asking price is $6,425,000, translating to $136.02 per square foot. This property's size, location, and zoning make it an attractive prospect for businesses seeking high visibility and convenient access to major transportation routes. The ample parking and numerous overhead doors are particularly advantageous for vehicle-related businesses. The property's parcel numbers are R0043725 & R0174750. This is a rare chance to acquire a significant commercial property in a thriving Oklahoma market.

    Property Features for 2505 Main St

    General Information

    Property type
    Automotive properties
    Square Feet
    47,236 SF
    Lot Size
    257,004 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Native Harvest Dispensary Cannabis Store House of Power Gym Physical Fitness Program Dent Spot Collision ... Auto Body Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Norman
    County
    Cleveland
    State
    Oklahoma
    Longitude
    -97.4801736
    Latitude
    35.219091

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    FAQs

    What type of property is this?
    Automotive property - Norman, OK Retail Investment
    Where is this automotive property located?
    The property is located at 2505 Main St Norman, OK.
    What is the asking price?
    The asking price for this property is $6,425,000.
    (405) 701-3505
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    2505 Main St 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
    2505 Main St Norman, OK 73069
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