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    Property profile & analytics
    OFF-MARKET Estimated value $2,865,000
    Turn key restaurants

    1440 Lindsey St, Norman, OK 73069-4312

    3,405 SF 0.68 ac lot Built 1984
    Entity Owned 4-yr Hold Free & Clear
    Property ID
    US69-0340365
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Velvet Taco Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $2.58M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $2.87M
    Owner & transaction history
    Wolter Properties Limited Partnersh · 4 yrs held
    Wolter Properties Limited Partnersh
    since 2022
    Last sale
    $3.1M
    5 recorded transactions
    2022
    $3.1M
    2021
    2021
    2020
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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