1200 Interstate DrNorman, OK 73072

Property Details for 1200 Interstate Dr

Year built

1991

Construction

STEEL FRAME

Lot size

1.30 AC

Property size (Sq ft)

3,946 SF

Property type

Turn key restaurants

APN

NC29TOWVL 1 1001

APU

NC29TOWVL11001

Description

This exceptional 1,500 square foot executive office suite is situated within a 6,528 square foot Class B office building located at 1200 W. Interstate Drive in Norman, Oklahoma, zip code 73072. The property boasts adequate on-site parking and is conveniently located in the Oklahoma City submarket of McClain County. This single-suite building offers a prime location with easy access to the University of Oklahoma, Norman's vibrant downtown, and its thriving business community, fostering strong networking opportunities and access to a diverse customer base. The property's proximity to Riverwind Casino provides convenient access to dining and entertainment options, while its location ensures easy connection to major transportation routes. The suite is part of a larger building, and additional warehouse space may be available upon request. This presents a unique opportunity for businesses seeking a strategic location in a dynamic and rapidly growing area. The property is currently listed as a multi-tenant building, but this suite is the only available space.

• CAP approach

  CAP return

  Valuation

  6%

  $1,034,187

  6.5%

  $954,634

  7%

  $886,446

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,196,452

  Geo Method

  $1,196,452

• Alternative Use

  Use

  Valuation

  Residential

  $805,270

  Hospitality

  $737,623

  Educational

  $613,694

  Medical

  $634,799

  Retail

  $954,634

Location Insight

City

Norman

County

Cleveland

State

Oklahoma

Latitude

35.2339

Longitude

-97.4865

CBSA code

36420

CBSA name

OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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