Technical
Financial
Distress signals
Property profile

4150 28th NW Ave Norman, OK 73069

OFF-MARKET
Industrial properties
Property ID
US69-1173683
23,340 SF 1.98 ac lot Built 2015
Entity Owned 12-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 24,000-square-foot industrial property, located at 4150 28th Ave NW in Norman, Oklahoma, 73069, offers a fantastic opportunity for businesses seeking flexible warehouse or office space. Built in 2016, this Class B building sits on a spacious 1.98-acre lot and currently has 1,500 square feet immediately available, with additional space ranging from 1,500 to 4,500 square feet also available. The property features a multi-tenant configuration, providing a diverse and dynamic environment. Its convenient location off N. Flood Ave ensures easy access to I-35, providing seamless connectivity to North Norman and Moore. The property is exceptionally well-maintained, reflecting its locally owned and managed status, promising a clean and efficient workspace. The property's flexible design caters to a variety of business needs, making it an ideal choice for companies requiring both warehouse and office space. This is a rare opportunity to secure high-quality industrial space in a prime Norman location. Contact us today to schedule a viewing and explore the possibilities. The property's features include easy access to major transportation routes, ample space for various business needs, and a well-maintained, clean environment. Don't miss this chance to establish your business in this thriving area.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 2015
Construction STEEL FRAME
Total area 23,340 SF
Lot 1.98 ac (86,249 SF)
Zoning code I1
APN NC29PEPC1 2 2002
UPID US69-1173683

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Engineering Consultant
  • Painting Dry Wall Contractor
  • Chemistry Lab
  • Hardware & Home Improvement
  • Auto Repair Shop

Location

4150 28th NW Ave Norman, OK 73069-8316
Norman metro Census 201509 OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.59M
Blend (final) Blend
$550k

Owner & transaction history

since 2014
5 recorded transactions
2019
Price N/A
2016
Price N/A
2014
$255,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

I1 · Norman, OK

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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