Industrial Flex Unit with Overhead
For Sale
Contact for pricing
D-1809 Atchison Dr, Norman, OK 73069
Industrial unit with two private offices, one restroom, and an overhead door plus unit heater.
Property Size2,000 SF
Price / SF$0.83
Days on Market296
Property Features for D-1809 Atchison Dr
General Information
Standard status
Active
Size
2,000 SF
Listing Agency:
Brick and Beam Realty
(405) 439-9206
Listed By:
Chris Johnson · License #200452
(405) 435-3572
Source:
Exprealty
Added: Jan 1
Changed: Oct 17
Last Checked: Oct 23 at 1:10PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This industrial flex unit includes two private offices, one restroom, and an open warehouse area. The warehouse is laid out on a 50’ x 40’ footprint and features a 10’ x 10’ overhead door, along with a unit heater, supporting light industrial, service, or trade use.
The property is located at 1809 Atchison Dr, Suite D in Norman, positioned just off Flood Avenue and south of Tecumseh Road for convenient access. It’s also near one of Norman’s most traveled corridors.
The space combines functional office support with an open warehouse configuration designed for practical day-to-day operations.
The property is located at 1809 Atchison Dr, Suite D in Norman, positioned just off Flood Avenue and south of Tecumseh Road for convenient access. It’s also near one of Norman’s most traveled corridors.
The space combines functional office support with an open warehouse configuration designed for practical day-to-day operations.
Key Highlights
- FOR LEASE: 2,000 SF industrial unit (Suite D) at 1809 Atchison Dr, Norman
- 50’ x 40’ warehouse layout with an open warehouse area for light industrial, service, or trade use
- Includes two private offices and one restroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,844
Suggested Prices Based on Cap Rates
Cap Rate 5%
$236,880
$236.9K
Cap Rate 7%
$169,200
$169.2K
Cap Rate 9%
$131,600
$131.6K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$18.0K $9.00/SF
− Vacancy
−$1.1K −$0.54/SF
EGI
$16.9K $8.46/SF
− OpEx
−$5.1K −$2.54/SF
NOI
$11.8K $5.92/SF
Area
Norman, OK
Vacancy
6.00%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$236,880
Cap Rate 7%
$169,200
Cap Rate 9%
$131,600
Alternative Uses
Best Use
Warehouse
$205.5K
$179.8K – $239.7K
NOI $14,382 @ 7.0% cap · market cap 862.75%
Second Best
Flex RnD
$186.5K
$163.2K – $217.6K
NOI $13,057 @ 7.0% cap · market cap 783.26%
Theoretical Best
Specialty Retail
$345.6K
$302.4K – $403.2K
NOI $24,192 @ 7.0% cap · market cap 1,451.23%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
412
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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 Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Industrial unit with two private offices, one restroom, and an overhead door plus unit heater.
Where is this flex space located?
The property is located at D-1809 Atchison Dr Norman, OK.
What are key features of this property?
This property features: FOR LEASE: 2,000 SF industrial unit (Suite D) at 1809 Atchison Dr, Norman; 50’ x 40’ warehouse layout with an open warehouse area for light industrial, service, or trade use; Includes two private offices and one restroom
