763 Asp Ave Norman, OK 73069
- Retail space
- 3,892 SF
- 0.08 lot acres
Current Use by Public Records
- Boyd Street Magazine / Professional Services / Advertising Agency
- Mave / Clothing Store
- Modern Woodmen Financial / Financial Consultant / Financial Planner
- Cloar & Nalagan Atty At Law / Attorney
Property Details for 763 Asp Ave
- Year built
- 1950
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.08 lot acres
- Property size
- 3,892 SF
- Property type
- Retail space
- APN
- NCT3LAUNI 2 52001
- APU
- NCT3LAUNI252001
Description
This exceptional Class B office property, located at 763 & 765 Asp Avenue in Norman, Oklahoma (zip code 73069), offers a total of 5,474 square feet of executive office space. Currently, all 5,474 square feet are available for lease, divided into four individual suites. The suites range in size from a minimum of 412 square feet to a maximum contiguous space of 2,869 square feet, providing flexibility for businesses of various sizes. The building is situated in Cleveland County and boasts a prime location on Campus Corner. Tenants will enjoy convenient access to shared amenities, including a conference room and common areas. This presents a unique opportunity to secure high-quality office space in a desirable and vibrant location. The property's address is easily accessible and benefits from its proximity to the University of Oklahoma campus and other local amenities. This is an ideal location for businesses seeking a professional and convenient workspace in Norman, Oklahoma. The property is classified as a multi-tenant building with four total suites. Interested parties should inquire for further details regarding lease terms and conditions. This is a rare opportunity to lease a fully vacant, well-located office building.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $270,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $255,000
- 6.5%
- $265,000
- 7%
- $270,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $300,000
- Geo Method
- $315,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $250,000
- Retail
- $285,000
- Mixed-Use
- $295,000
- Hospitality
- $275,000
- Educational
- $265,000
- Residential Income
- $255,000
- Energy
- $255,000
- Income-Based Land
- $240,000
- Food Service
- $280,000
Location Insight
- Map
- Local Demand
- City
- Norman
- County
- Cleveland
- State
- Oklahoma
- Longitude
- -97.4433
- Latitude
- 35.2119
- CBSA code
- 36420
- CBSA name
- OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA
