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    OFF-MARKET
    Medical Office Space

    1125 Porter Ave, Norman, OK 73071-6446

    1,346 SF 1.44 ac lot Built 1982
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US69-0774289
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents two connected, fully occupied executive suites totaling 2,565 square feet, ideally situated in Norman, Oklahoma. Located at 1125 N Porter Ave, Suite 200 & 206, this Class C multi-tenant property boasts a prime location on the second floor, conveniently accessible via elevator. Currently utilized as a medical office, the space offers significant versatility. Suite 200 encompasses 1,273 square feet and features a spacious waiting room, reception area, open workspace, three examination rooms (each with sinks), a large nurse's office, a laboratory with sink, a patient restroom with pass-through, and a staff restroom. Suite 206, spanning 1,292 square feet, includes four private offices, three restrooms (two public, one private), a waiting room currently used as a classroom, a resource room (formerly a reception area), a large kitchen and common area, and ample storage. Built in 1982, this property offers a strong return on investment with 100% occupancy. The asking price is $360,000. This property is perfect for investors seeking a stable, high-occupancy medical office investment in a thriving Norman location. The connected suites provide flexibility for a variety of uses. Don't miss this chance to acquire a well-established and profitable commercial property.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 1982
    Construction FRAME
    Total area 1,346 SF
    Lot 1.44 ac (62,726 SF)
    Zoning code C3
    APN NC29NORPB 1 1007
    UPID US69-0774289
    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
    Current use
    Occupant on record · Public records
    • Rosko Charlotte K Physician Medical Clinic
    • Edith K. Ragland, PHD Physician Medical Clinic
    • Aubrey O. Washington, PHD Physician Medical Clinic
    • Eden Clinic Medical Clinic
    • RVC Oklahoma | Norman Medical Clinic Ophthalmologist
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    NORMAN REGIONAL HOSPITAL AUTH
    NORMAN REGIONAL HOSPITAL AUTH
    Zoning & alternative use
    C3 · Norman, OK
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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