627 12Th AveNorman, OK 73071

  • Retail space
  • 9,779 SF

Property Details for 627 12Th Ave

Year built
2003
Construction
STEEL FRAME
Lot size
1.11 AC
Property size (Sq ft)
9,779 SF
Property type
Retail space
APN
NC29TSTB1 1 5001
APU
NC29TSTB115001

Description

This thriving 19,638 square foot shopping center in Norman, Oklahoma, presents a compelling investment opportunity. Strategically located on high-traffic 12th Ave NE, it benefits from an estimated 2.5 million annual visits, drawing both local residents and travelers. The center is anchored by a Walmart, ensuring significant foot traffic and high visibility for all tenants. Currently, the property features eight suites, with 3,232 square feet of readily available space, ideal for a variety of businesses. The property's prime location and strong anchor tenant make it an attractive option for retail businesses, healthcare providers, or restaurants seeking high exposure and a robust customer base. The center's established presence and consistent traffic flow offer a stable foundation for growth and profitability. With its convenient location and ample space, this shopping center is poised for continued success. The available suites provide a unique chance to establish a presence in a bustling commercial area, benefiting from the established draw of the Walmart anchor. This is an exceptional opportunity to acquire a well-positioned retail property in a thriving Oklahoma market. The property address is 627 12th Ave NE, Norman, OK 73071.

Location Insight

City
Norman
County
Cleveland
State
Oklahoma
Latitude
35.2275
Longitude
-97.4229
CBSA code
36420
CBSA name
OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$16,368
$58,194
$78,114
$136,308
-
$484,950
$650,954
$1,135,904

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