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    Mixed-use properties

    10808 Alameda St, Norman, OK 73026

    2,550 SF 9.89 ac lot Built 1979
    Property ID
    Property summary
    AI-generated overview

    This exceptional mixed-use property, encompassing 9.89 acres, presents a remarkable investment opportunity in Norman, Oklahoma. Located at 10808 Alameda Unit 10808, this expansive site boasts a strategic position near Lake Thunderbird State Park, offering unparalleled access to recreational activities. The property includes an established restaurant and convenience store, along with boat and RV storage facilities, creating a diverse revenue stream. The zoning designation is "Resort," aligning perfectly with the property's current uses and the surrounding environment. The substantial 2,550 square foot building provides ample space for existing operations and potential expansion. The property's proximity to Lake Thunderbird, the only lake within the Oklahoma City metro area permitting RV parking, camping, hunting, fishing, boating, and swimming, ensures a consistent flow of customers and recreational enthusiasts. Its location within Norman city limits, yet only 36.2 miles from downtown Oklahoma City, offers a blend of suburban tranquility and convenient access to a major metropolitan area. This unique combination of established businesses, recreational appeal, and prime location makes this property an exceptional investment opportunity with significant upside potential. The property's size and zoning provide flexibility for future development and expansion, catering to the growing demand for recreational and commercial services in the area.

    Property profile
    Verified
    Property type Mixed-use properties
    Year built 1979
    Total area 2,550 SF
    Lot 9.89 ac (430,808 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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