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Property profile & analytics
OFF-MARKET Estimated value $1,330,000
Industrial properties

4150 28th NW Ave Norman, OK 73069-8316

23,340 SF 1.98 ac lot Built 2015
Entity Owned 12-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US69-1173683
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Erudite Process Group, PLLC Engineering Consultant
  • Metro Finish Painting Dry Wall Contractor
  • ORACL Chemistry Lab
  • Steri-Clean Oklahoma Hardware & Home Improvement
  • CHD Paint & Body Shop Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.59M
Blend (final) Blend
$1.33M
Owner & transaction history
28th Industrial LLC · 12 yrs held
28th Industrial LLC
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
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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