For Sale
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Property summary
This exceptional 1,150-square-foot office building, located at 527 E Main Street in Norman, Oklahoma, presents a lucrative investment opportunity. Situated on a 0.08-acre lot, the property boasts a recent, comprehensive renovation. The entire structure was rebuilt from the studs, featuring brand new stucco exterior, electrical system, plumbing, and HVAC. The C1 zoning allows for versatile usage, including retail, restaurant, or continued use as an office space. Ample parking is available, with private parking at the rear and public parking conveniently located in front of the building. The property also includes a fenced backyard offering significant expansion potential. Currently generating income with a lease extending until January 2026, this property offers both immediate return and long-term growth prospects. The building's modern updates and flexible zoning make it an ideal investment for a discerning buyer seeking a well-maintained, income-producing asset in a thriving Norman location. The combination of a strong lease and the potential for future expansion makes this a truly unique opportunity in the Norman commercial real estate market. The property's central location and convenient parking further enhance its appeal to a wide range of potential tenants. This is a turnkey operation ready for immediate income generation.
Property profile
VerifiedCap rate & NOI
Current use
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Trucking Company
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Norman market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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