2215 Lindsey StNorman, OK 73069

Property Details for 2215 Lindsey St

Year built

1973

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.64 AC

Property size (Sq ft)

6,372 SF

Zone code

C2

Property type

Office buildings

APN

NC29WILBP A001

APU

NC29WILBPA001

Description

West Oaks Office Park offers a unique opportunity to lease modern office space in a thriving location. This single-story, 6,372 square foot office complex, renovated in 2023, boasts eight available suites ranging from 304 to 882 contiguous square feet, with a minimum divisible space of 475 square feet. The property sits on a 0.64-acre lot at 2215 W Lindsey Street, conveniently located near I-35 and the University of Oklahoma campus, benefiting from high daily traffic counts of 21,428 vehicles. Its prime location offers easy access to major transportation routes and is surrounded by a vibrant mix of retail, restaurants, and residential areas, creating a dynamic and convenient environment for businesses and employees. The building features ample parking and is situated in a high-traffic area with excellent visibility. Specific suite sizes include: 304, 475, 476, 480, 521, 540, 563, and 882 square feet. The building was originally constructed in 1973 and underwent a complete renovation in 2023, ensuring modern amenities and a comfortable workspace. Currently, 4,607 square feet of space is available for lease. This property presents an exceptional opportunity for businesses seeking a well-located, modern, and easily accessible office space. The property is situated near the intersection of W Lindsey & 24th Ave SW.

• CAP approach

  CAP return

  Valuation

  6%

  $1,136,058

  6.5%

  $1,048,669

  7%

  $973,764

• Comparable approach

  Method

  Valuation

  Relative Method

  $766,679

  Geo Method

  $766,679

• Alternative Use

  Use

  Valuation

  Residential

  $1,300,350

  Hospitality

  $1,191,113

  Educational

  $990,992

  Medical

  $1,025,074

  Retail

  $1,541,544

Location Insight

City

Norman

County

Cleveland

State

Oklahoma

Latitude

35.2048

Longitude

-97.475

CBSA code

36420

CBSA name

OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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