1440 Lindsey StNorman, OK 76039

Property Details for 1440 Lindsey St

Year built

1984

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.68 AC

Property size (Sq ft)

3,405 SF

Property type

Turn key restaurants

APN

NC29BERE3 X 1002

APU

NC29BERE3X1002

Description

This exceptional 2,550-square-foot retail property is available for lease in Norman, Oklahoma. Located at 1440 W Lindsey St, this freestanding building offers a prime location with excellent visibility and accessibility. The entire space is currently vacant, presenting a unique opportunity for a single tenant to occupy the entire building. Situated in a top trade area in Oklahoma, the property benefits from its proximity to Interstate 35, ensuring high traffic volume and convenient access for customers. Its adjacency to the University of Oklahoma further enhances its desirability, providing a large potential customer base. The property is classified as commercial retail with multiple tenancy capabilities, although the entire space is currently available. The building's total square footage is 2,550 square feet, all of which is currently vacant and ready for immediate occupancy. The property is located in Cleveland County, Oklahoma, with a zip code of 76039. This location offers significant potential for businesses seeking high visibility and a strong customer base in a thriving area. The property's strategic placement near a major interstate and a prominent university makes it an ideal location for a variety of retail ventures.

• CAP approach

  CAP return

  Valuation

  6%

  $892,399

  6.5%

  $823,753

  7%

  $764,914

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,032,418

  Geo Method

  $1,032,418

• Alternative Use

  Use

  Valuation

  Residential

  $694,867

  Hospitality

  $636,494

  Educational

  $529,556

  Medical

  $547,768

  Retail

  $823,753

Location Insight

City

Norman

County

Cleveland

State

Oklahoma

Latitude

35.2036

Longitude

-97.463

CBSA code

36420

CBSA name

OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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