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700 24th Ave NW
Norman, OK 73069

Office Property For Sale

Investment Highlights

  • Prime Investment Opportunity in Norman, OK.
  • Medical office building, currently occupied by Integris Ambulatory Care Corp.

Executive Summary

Presenting an exceptional investment opportunity at 700 24th Ave NW, Norman, OK 73069. This medical office building, currently occupied by Integris Ambulatory Care Corp., offers a stable and attractive investment with a cap rate of 7.1%. With 18,652 SF of rentable space, this building provides ample parking and is strategically located in a thriving area, ensuring consistent demand and long-term value. Don’t miss out on this chance to invest in a reliable and profitable asset.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
18,652 SF
Building Class
C
Year Built
1994
Price
$5,495,000
Price Per SF
$295
Cap Rate
7.10%
NOI
$390,145
Tenancy
Single
Building Height
1 Story
Typical Floor Size
18,652 SF
Building FAR
0.18
Lot Size
2.42 AC
Zoning
ZN CO
Parking
143 Spaces (7.67 Spaces per 1,000 SF Leased)

Amenities

  • Security System
  • Wheelchair Accessible
  • Central Heating
  • Air Conditioning
  • Smoke Detector

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R0048908
Land Assessment
$1,058,510
Improvements Assessment
$4,084,332
Total Assessment
$5,142,842
  • Listing ID: 33689531

  • Date on Market: 10/30/2024

  • Last Updated:

  • Address: 700 24th Ave NW, Norman, OK 73069

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