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Property profile & analytics
FOR LEASE
Medical Office Space

707 24Th Ave SW Norman, OK 73069

12,668 SF 0.22 ac lot Built 1980
Entity Owned 17-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US69-0654020
Property summary
AI-generated overview

This exceptional Class B executive office space, located at 707 24th Avenue SW in Norman, Oklahoma, 73069, offers a fantastic opportunity for businesses seeking a modern and functional workspace. The property, a two-story building totaling 12,668 square feet, currently has 3,150 square feet of vacant space available for lease. One immediately available suite encompasses 1,575 square feet (1,752 gross rentable), offering shell space ready for a tenant's custom build-out. Building owners are willing to assist with floor plan design and finish selections, ensuring a seamless transition for new occupants. The building features convenient amenities including 40 total parking spaces and one elevator for easy access to both floors. Its location near Westpark provides excellent visibility and accessibility. This property is ideally suited for a variety of professional uses, including office spaces, medical practices, and dental practices. The building's attractive design and prime location make it a highly desirable option for businesses seeking a professional and efficient workspace in Norman, Oklahoma. Don't miss this chance to secure your ideal office space in this well-maintained building.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1980
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 12,668 SF
Lot 0.22 ac (9,583 SF)
Zoning code C2
APN NC29WEROP 1 15001
UPID US69-0654020
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
  • Wandro Dental of Norman Dental Office
  • Endodontic Practice Associates Dental Office
  • Dr. John T. Biggs, DDS Dental Office
  • Dr. James B. Roane, DDS Dental Office
  • Dr. Percy G. Bolen III, DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.58M
Blend (final) Blend
$1.19M
Owner & transaction history
Triangulum Properties LLC · 17 yrs held
Triangulum Properties LLC
since 2008
6 recorded transactions
2019
Price N/A
2018
Price N/A
2008
$1.4M
2005
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
C2 · Norman, OK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source zoning ordinance 09 23 2022
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