You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
FOR LEASE
Bars & Pubs

938 N Flood Ave Norman, OK 73069

4,547 SF 0.61 ac lot Built 1974
Entity Owned 6-yr Hold Free & Clear
Property ID
US69-0480016
Property summary
AI-generated overview

This 4,600-square-foot commercial property at 938 N Flood Ave in Norman, Oklahoma, presents a unique investment opportunity. The building, constructed in 1974 and extensively renovated in 2020, features a single-story structure with a 10-foot ceiling height. Currently, 2,800 square feet are vacant, offering flexibility for a variety of uses. The existing layout includes two ADA-compliant bathrooms, an office, a bar area, and ample storage. Recent upgrades include a new foam roof, three-phase electric service with a 200-amp panel, a 7.5-ton rooftop unit, new plumbing, lighting, and interior/exterior paint. The property sits on 1.93 acres of land and boasts 35 parking spaces, with additional parking available in a large adjacent lot. Its prime location on N. Flood Ave, between Robinson Ave and Acres St., offers excellent visibility and proximity to downtown Norman and the University of Oklahoma campus. The C-2 zoning allows for diverse commercial uses, including retail, restaurant, or office space. The asking price is $14 per square foot, NNN. This property is ideal for a business seeking a well-maintained, versatile space in a thriving Norman location.

Property profile
Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1974
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,547 SF
Lot 0.61 ac (26,572 SF)
Zoning code C2
APN NC29JACV1 1 001
UPID US69-0480016
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Jth Commercial Properties LLC · 6 yrs held
Jth Commercial Properties LLC
since 2019
3 recorded transactions
2021
Price N/A
2019
$250,000
2012
$302,000
Zoning & alternative use
C2 · Norman, OK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message