1809 Atchison Dr Norman, OK 73069-8299
This 11,000-square-foot industrial property, located at 1809 Atchison Dr in Norman, Oklahoma, presents a compelling investment opportunity. The Class C building, constructed in 1985, sits on a 0.94-acre lot and features a single story with a metal building and brick facade. Currently configured as a multi-tenant property, the building comprises five units: four 2,000-square-foot units and one 3,000-square-foot unit. Each unit includes a small office and an overhead door, offering flexibility for various manufacturing or light industrial uses. The property benefits from excellent visibility and signage opportunities along a popular thoroughfare, just south of Tecumseh Road and with convenient access to I-35, providing easy access to Moore and the broader Oklahoma City metro area. The I1 (light industrial) zoning allows for a range of potential uses. Recent improvements include a new roof, enhancing the property's value and reducing future maintenance concerns. The asking price is $1,200,000, translating to $109.09 per square foot. This NNN lease property offers a strong value-add potential for investors seeking a well-located, multi-tenant industrial asset in a growing market. The property's depth of 40 feet provides ample space for operations within each unit.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.