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Property profile & analytics
FOR SALE
Retail space

320 W Main St Norman, OK 73069

1,062 SF 0.06 ac lot Built 1920
Individually Owned 2-yr Hold ~ Est. High Equity
Property ID
US69-0300190
Property summary
AI-generated overview

This exceptional Norman, OK office property, located at 320 W Main Street, offers three distinct office suites, each encompassing 4,320 square feet on a 0.12-acre lot. Each suite boasts a welcoming reception area, two private offices, and a modern, recently updated bathroom. Recent renovations include new lighting fixtures, completely remodeled bathrooms, and fresh ceiling tiles throughout, ensuring a professional and comfortable work environment. The suites are ideally situated in the heart of Norman, providing excellent visibility and accessibility. Each suite features prominent street signage facing Main Street, enhancing brand recognition and attracting clients. The property is available for lease at a modified gross rate of $900 per suite. This attractive lease structure includes utilities, except for electricity, which is the responsibility of the tenant. This is a fantastic opportunity for businesses seeking a move-in ready, high-quality office space in a vibrant and convenient location. The property's central Norman location offers easy access to local amenities, transportation routes, and a thriving business community. The modern updates and individual suite layouts provide flexibility and privacy for various business needs. Don't miss this chance to secure your ideal workspace in this desirable location.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1920
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,062 SF
Lot 0.06 ac (2,439 SF)
Zoning code R2
APN NC29AAAOT 23 10A001
UPID US69-0300190
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
  • Main Street Tattoos Tattoo & Piercing Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Samuel W Bayouth · 2 yrs held
Samuel W Bayouth
since 2024
Last sale
$152,000
7 recorded transactions
2024
$152,000
2024
Price N/A
2021
$147,000
2018
Price N/A
2004
$70,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
R2 · Norman, OK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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