Property profile

1440 Lindsey St Norman, OK 73069

OFF-MARKET
Turn key restaurants
Property ID
US69-0340365
3,405 SF 0.68 ac lot Built 1984
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 2,550-square-foot retail property is available for lease in Norman, Oklahoma. Located at 1440 W Lindsey St, this freestanding building offers a prime location with excellent visibility and accessibility. The entire space is currently vacant, presenting a unique opportunity for a single tenant to occupy the entire building. Situated in a top trade area in Oklahoma, the property benefits from its proximity to Interstate 35, ensuring high traffic volume and convenient access for customers. Its adjacency to the University of Oklahoma further enhances its desirability, providing a large potential customer base. The property is classified as commercial retail with multiple tenancy capabilities, although the entire space is currently available. The building's total square footage is 2,550 square feet, all of which is currently vacant and ready for immediate occupancy. The property is located in Cleveland County, Oklahoma, with a zip code of 76039. This location offers significant potential for businesses seeking high visibility and a strong customer base in a thriving area. The property's strategic placement near a major interstate and a prominent university makes it an ideal location for a variety of retail ventures.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1984
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,405 SF
Lot 0.68 ac (29,708 SF)
APN NC29BERE3 X 1002
UPID US69-0340365

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

1440 Lindsey St Norman, OK 73069-4312
Norman metro Census 201102 OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.58M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.95M

Owner & transaction history

since 2022
Last sale
$3.1M
5 recorded transactions
2022
$3.1M
2021
Price N/A
2021
Price N/A
2020
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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