707 24Th AveNorman, OK 73071

Property Details for 707 24Th Ave

Year built

1980

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.22 AC

Property size (Sq ft)

12,668 SF

Zone code

C2

Property type

Medical offices

Property subtype

Medical centers

APN

NC29WEROP 1 15001

APU

NC29WEROP115001

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $2,258,566

  6.5%

  $2,084,830

  7%

  $1,935,914

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,524,214

  Geo Method

  $1,524,214

• Alternative Use

  Use

  Valuation

  Residential

  $2,585,190

  Hospitality

  $2,368,020

  Educational

  $1,970,165

  Medical

  $2,037,922

  Retail

  $3,064,701

Location Insight

City

Norman

County

Cleveland

State

Oklahoma

Latitude

35.2092

Longitude

-97.4763

CBSA code

36420

CBSA name

OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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