1161 36Th Ave Norman, OK 73072
- Banks
- 27,171 SF
- 1.36 lot acres
Current Use by Public Records
- Banks
Property Details for 1161 36Th Ave
- Year built
- 2002
- Construction
- STEEL FRAME
- Lot size
- 1.36 lot acres
- Property size
- 27,171 SF
- Zone code
- ZN C1
- Property type
- Banks
- APN
- NC29SPBK3 1 1001
- APU
- NC29SPBK311001
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Norman
- County
- Cleveland
- State
- Oklahoma
- Longitude
- -97.4939
- Latitude
- 35.2324
- CBSA code
- 36420
- CBSA name
- OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA
