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Downtown Office Suite
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A-101 W Apache St, Norman, OK 73069

830 SF suite with private office, meeting room, and kitchenette plus access to two shared restrooms.

Property Size830 SF
Price / SF$2.25
Days on Market99

Property Features for A-101 W Apache St

General Information

Standard status Active
Size 830 SF

Site & Location

Neighborhood Larsh/Miller

Amenities

private office
meeting room
open foyer area
kitchenette
Listing Agency: Brick and Beam Realty
Listed By: Chris Johnson · License #200452
Source: Exprealty
Added: Jul 18 Changed: Oct 17 Last Checked: Oct 24 at 8:05PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Brick and Beam Realty

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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This for-lease office suite totals 830 SF and features a private office, a meeting room, an open foyer area, and a kitchenette. The suite also provides access to two shared restrooms, supporting a functional layout for professional or service use.

Located at A-101 W Apache St in Downtown Norman, the space is within walking distance to local restaurants and businesses, as well as the Cleveland County Courthouse.

The interior configuration is designed to accommodate both day-to-day work and client or meeting activity, with the kitchenette and shared restrooms conveniently integrated into the overall suite plan.

Key Highlights

  • 830 SF office space for lease at 101A W Apache St in Downtown Norman
  • Suite layout includes one private office, a meeting room, and an open foyer area
  • Includes a kitchenette

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$7,039
Suggested Prices Based on Cap Rates
Cap Rate 5%
$140,780 $140.8K
Cap Rate 7%
$100,557 $100.6K
Cap Rate 9%
$78,211 $78.2K
Market Conditions
NOI Build-Up for 830 SF
Gross rent
$12.6K $15.24/SF
− Vacancy
−$3.3K −$3.93/SF
EGI
$9.4K $11.31/SF
− OpEx
−$2.3K −$2.83/SF
NOI
$7.0K $8.48/SF
Area
Norman, OK
Vacancy
25.80%
Lease Rate
$15.24 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$140,780
Cap Rate 7%
$100,557
Cap Rate 9%
$78,211

Alternative Uses

Best Use
Office B
$100.6K
$88.0K – $117.3K (±1% cap)
NOI $7,039 @ 7.0% cap · market cap 376.82%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$143.4K
$125.5K – $167.3K (±1% cap)
NOI $10,040 @ 7.0% cap · market cap 537.47%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Big Box & Wholesale Store Storage Facility Auto Parts Store Locksmith Home Appliance Store Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,910
Businesses Nearby

Demographics for 73069, OK

26,464
Population
12,719
Households
2.1
Avg Household Size
32
Median Age
45%
College-Educated
93%
High-School Grad
15.7 sq mi
ZIP Area
1,686
Density / Sq Mi
$55,699
Median Household Income
$34,151
Median Earnings
$1,031
Median Rent
$212,400
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - 830 SF suite with private office, meeting room, and kitchenette plus access to two shared restrooms.
Where is this office unit located?
The property is located at A-101 W Apache St Norman, OK.
What are key features of this property?
This property features: 830 SF office space for lease at 101A W Apache St in Downtown Norman; Suite layout includes one private office, a meeting room, and an open foyer area; Includes a kitchenette
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