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    FOR SALE
    Automotive properties

    2505 W Main St, Norman, OK 73069

    40,108 SF 3.15 ac lot Built 1920
    Entity Owned 1-yr Hold Absentee Owner Free & Clear
    Property ID
    US69-0474023
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Automotive properties
    Use group VEHICLE SALES, RENTALS
    Year built 1920
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 40,108 SF
    Lot 3.15 ac (137,214 SF)
    Zoning code C2
    APN NC29SALYR 1 1001
    UPID US69-0474023
    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
    • Native Harvest Dispensary (Bike/Boat/Book/etc) Store
    • House of Power Gym Gym & Fitness Center
    • Dent Spot Collision Center Auto Repair Shop
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $835k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $835k
    Owner & transaction history
    Brakes Plus LLC · 1 yrs held
    Brakes Plus LLC
    since 2024
    Last sale
    $835,500
    7 recorded transactions
    2024
    $835,500
    2021
    2016
    2013
    $1.7M
    1969
    1969
    1969
    Zoning & alternative use
    C2 · Norman, OK
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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