1010 24Th AveNorman, OK 73069

Property Details for 1010 24Th Ave

Year built

2007

Construction

WOOD FRAME

Lot size

0.66 AC

Property size (Sq ft)

6,918 SF

Property type

Office buildings

APN

NC29QROPK 6001

APU

NC29QROPK6001

Description

This exceptional 7,018 square foot Class B executive office building, constructed in 2007 and extensively renovated in 2022, presents a unique leasing opportunity in Norman, Oklahoma. Located at 1010 24th Ave NW, this property boasts a prime location within the C-1 (Local Commercial) zoned area of Cleveland County. The building offers multiple tenancy options, with three individual suites available, ranging from a minimum of 690 square feet to a maximum contiguous space of 1,751 square feet. A total of 4,191 square feet is currently vacant and ready for immediate occupancy. The building sits on a sizable 0.65-acre lot and provides ample parking with 20 spaces available for tenants and guests. The property's modern design and recent renovations ensure a comfortable and efficient workspace. This is an ideal location for businesses seeking a professional and well-maintained office environment in a thriving Norman community. The address is 1010 24th Ave NW, Norman, OK 73069. Serious inquiries are encouraged to explore the available suite options and lease terms.

• CAP approach

  CAP return

  Valuation

  6%

  $1,233,404

  6.5%

  $1,138,527

  7%

  $1,057,203

• Comparable approach

  Method

  Valuation

  Relative Method

  $832,374

  Geo Method

  $832,374

• Alternative Use

  Use

  Valuation

  Residential

  $1,411,773

  Hospitality

  $1,293,177

  Educational

  $1,075,908

  Medical

  $1,112,910

  Retail

  $1,673,634

Location Insight

City

Norman

County

Cleveland

State

Oklahoma

Latitude

35.2303

Longitude

-97.4819

CBSA code

36420

CBSA name

OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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