Medical Offices /OK /Cleveland County /Norman /1020 NW 24th Ave NW
Medical Offices /OK /Cleveland County /Norman /1020 NW 24th Ave NW

1020 NW 24th Ave NW - Medical FOR SALE


Norman, OK 73069- Outer Norman | 
$2,600,000 USD
405-203-3636
1020 NW 24th Ave NW, Norman, OK for Sale
$2,600,000 USD
Medical - FOR SALE
1/1
null | 7.25% Cap Rate
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1020 NW 24th Ave NW
Norman, OK 73069
Outer Norman

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HIGHLIGHTS

  • Easy Access to I-35

OVERVIEW

$188,098.29 Actual NOI. 7.25% Actual Cap Rate. Projected NOI October 2025: $224,143.13. Projected Cap Rate October 2025: 8.64%. 15% Rent Increase in October 2025. Single Tenant: VA Clinic. Zoned: C-1. Built in 2000 & Renovated in 2018. Parking Ratio: 3.4/1,000 SF.

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/SF

$221 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.85 AC

LAND SF

37,026 SF

ZONING

C-1

APN/PARCEL ID

R0095754

ASK ABOUT THIS PROPERTY

Matthew PierceNAI RedMore Info
405-203-3636

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Matthew PierceNAI RedMore Info
405-203-3636

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