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Property profile & analytics
FOR LEASE
Medical Office Space

900 N Porter Ave Norman, OK 73071

26,166 SF 0.92 ac lot Built 1985
Individually Owned 5-yr Hold ~ Est. High Equity
Property ID
US69-0276265
Property summary
AI-generated overview

Porter Office Plaza, located at 900 N Porter Ave, Norman, OK 73071, offers a diverse range of office spaces ideal for various business needs. This two-building complex, totaling 43,864 square feet, features 18 suites across three stories, with a minimum divisible space of 200 square feet and a maximum contiguous space of 6,000 square feet. Currently, 34,056 square feet are available. The property, a Class B building constructed in 1989 and renovated in 2021, boasts convenient amenities including two elevators. Its strategic location across from Norman Regional Hospital, a 324-bed facility, provides excellent visibility and accessibility. Current tenants include medical professionals, a pharmacy, and Mercy, highlighting the property's suitability for medical, executive, creative, and traditional office uses. The zoning is designated for office use, and the property is situated within the Oklahoma City MSA submarket, offering easy access to major transportation routes and amenities. The versatile spaces can accommodate a variety of businesses, making Porter Office Plaza an attractive investment opportunity in a thriving Norman location. The cross street is Himes.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1985
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 26,166 SF
Lot 0.92 ac (40,075 SF)
Zoning code R2
APN NC29HGHLD 2 18004
UPID US69-0276265
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
  • Thomas W Thurston Inc Pediatrician Medical Clinic
  • Susan L Pulling Md Ophthalmologist
  • Hough Amy Medical Clinic
  • Dr. Sudhakara R. Kunamneni, MD Physician
  • Gary R. Lindsay, PhD Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.28M
Owner & transaction history
Physicians & Surgeons Medical · 5 yrs held
Physicians & Surgeons Medical
since 2020
7 recorded transactions
2020
Price N/A
2020
Price N/A
2019
Price N/A
2017
Price N/A
1969
Price N/A
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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