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Property profile & analytics
OFF-MARKET
Banks

1161 36th NW Ave Norman, OK 73072

27,171 SF 1.36 ac lot Built 2002
Entity Owned ~ Est. High Equity
Property ID
US69-0517074
Property summary
AI-generated overview

This exceptional Norman, Oklahoma office complex presents a unique investment opportunity. Located on a 1.36-acre lot at the highly visible southeast corner of West Robinson and NW 36th Avenue, just west of I-35, this property comprises two office buildings totaling 38,033 square feet. The property boasts a recent appraisal of approximately $6.8 million, offering significant potential for appreciation. The buildings are currently partially occupied, with Armstrong Bank committed to a lease for a minimum of three to five years, providing immediate and stable income. Available office and retail spaces are offered for lease at a competitive rate of $20 per square foot, full service gross (FSG). This prime location provides excellent visibility and accessibility, making it ideal for a variety of businesses. The substantial size and strong tenant base make this a compelling investment opportunity for those seeking a high-return property in a thriving Norman market. The buildings offer a blend of existing tenancy and readily available space for immediate occupancy or future expansion, presenting a flexible and attractive proposition for discerning investors. The property's strategic location near I-35 ensures convenient access for employees and clients alike. This is a rare chance to acquire a well-maintained, high-value office complex in a desirable location.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 2002
Construction STEEL FRAME
Total area 27,171 SF
Lot 1.36 ac (59,242 SF)
Zoning code ZN C1
APN NC29SPBK3 1 1001
UPID US69-0517074
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Eta Republic LLC
Eta Republic LLC
since 2025
Last sale
$4.7M
1 recorded transaction
2025
$4.7M
Zoning & alternative use
ZN C1 · Norman, OK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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