2505 Main St Norman, OK 73069
- Automotive properties
- 40,108 SF
- 3.15 lot acres
Current Use by Public Records
- Native Harvest Dispensary / Cannabis Store
- House of Power Gym / Physical Fitness Program
- Dent Spot Collision Center / Auto Body Shop / Auto Dent Removal Service
Property Details for 2505 Main St
- Year built
- 1920
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 3.15 lot acres
- Property size
- 40,108 SF
- Zone code
- C2
- Property type
- Automotive properties
- APN
- NC29SALYR 1 1001
- APU
- NC29SALYR11001
Description
This exceptional 47,236 square foot industrial flex space at 2505 West Main Street, located in Cleveland County, presents a unique investment opportunity. Currently featuring 7,112 square feet of vacant space, this single-tenant property boasts a spacious, versatile open floor plan ideally suited for a variety of uses. Previously occupied by a gym, the building offers abundant natural light, two overhead doors for easy loading and unloading, and ample on-site parking. The zoning is PUD/industrial, providing flexibility for various business types. The building's large, open area is perfect for a startup business, a fitness center, wellness studio, or creative workspace. The price per square foot is exceptionally competitive, making this property an attractive option for entrepreneurs and businesses seeking a cost-effective and functional space. The property's prime location further enhances its appeal, offering convenient access to key transportation routes and amenities. This is a rare opportunity to acquire a well-located, versatile industrial flex space at an exceptional price point. Don't miss out on this chance to secure a thriving business location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $835,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $880,000
- 6.5%
- $950,000
- 7%
- $995,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,020,000
- Geo Method
- $905,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $865,000
- Retail
- $885,000
- Mixed-Use
- $785,000
- Hospitality
- $785,000
- Educational
- $805,000
- Residential Income
- $955,000
- Energy
- $970,000
- Income-Based Land
- $780,000
- Food Service
- $960,000
Location Insight
- Map
- Local Demand
- City
- Norman
- County
- Cleveland
- State
- Oklahoma
- Longitude
- -97.4796
- Latitude
- 35.2194
- CBSA code
- 36420
- CBSA name
- OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA
