SOUTH NORMAN INDUSTRIAL | 4210 Classen Cir
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SOUTH NORMAN INDUSTRIAL 4210 Classen Cir
37,178 SF 100% Leased Industrial Building Norman, OK 73071 $3,500,000 ($94/SF) 7.53% Cap Rate
Investment Highlights
- Additional 1.5 acres with frontage of Highway 77
- Located on the south side of Norman about 1 mile south of Highway 9.
- Potential to add another 24,000SF
Executive Summary
Property currently consists of 3 Industrial buildings totaling 37,178 SF. Also included in the sale is approximately 1.5 acres of land with frontage on Highway 77. The Seller has another 24,000SF planned to be added on that 1.5 acres bringing the potential total property size to over 61,000SF.
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
1 of 1
PROPERTY TAXES
| Parcel Number | R0174747 | Total Assessment | $276,500 (2023) |
| Land Assessment | $56,790 (2023) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $219,710 (2023) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
R0174747
Land Assessment
$56,790 (2023)
Improvements Assessment
$219,710 (2023)
Total Assessment
$276,500 (2023)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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SOUTH NORMAN INDUSTRIAL | 4210 Classen Cir
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