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Property profile & analytics
OFF-MARKET
Land

0 36Th Ave Norman, OK 73072

0.69 ac lot
Property ID
Property summary
AI-generated overview

Seven commercial land parcels are available, ranging from 0.69 to 1.44 acres, within the 96-acre Norman Regional Hospital HealthPlex development in West Norman. This high-traffic area boasts excellent visibility and accessibility, situated near the intersection of West Tecumseh Road and 36th Avenue NW, with convenient access to I-35. Daily traffic counts exceed 19,000 vehicles on West Tecumseh Road, 110,000 on I-35, and 15,000 on 36th Avenue NW. The land offers exceptional investment potential due to its strategic location within a thriving medical complex anchored by Norman Regional Hospital (a newly expanded 305-bed facility), Norman Regional Heart Plaza, BancFirst, CVS Pharmacy, Crowne Plaza Retail Centre, McDonald's, Women's Healthcare of Norman, Sonic, Best Western, and Stonegate Nursing Home, among other established businesses. Land prices range from $12 to $17 per square foot. This presents a unique opportunity to acquire land in a rapidly growing area with strong demographics and significant medical-related traffic. The property is located in Cleveland County, Oklahoma, with a Norman, OK 73072 zip code.

Property profile
Verified
Property type Land
Lot 0.69 ac (30,056 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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