Ray Tucker - Coldwell Banker Select
1331 SE 24th Ave
Norman, OK 73071

$3,950,000

Description

SELF STORAGE FACILITY, NEW BUILD, 2 YEAR BARRIER TO ENTRY MARKET WITH VALUE, ADD IN STABILIZATION!! The site is located near a primary intersection in southeast Norman, the surrounding land uses include a special purpose church property, several residential additions with a mix of single unit, duplex, condos, and an apartment complex. There are several retail/commercial buildings near the northwest corner of 24th Ave SE and Lindsey. The recently constructed Norman Public School District Elementary is less than 1/4 mile south of the subject. The hard corner, which the subject property wraps around, is owned by McClain Bank and set for a new branch construction as well. There is a 2 acre parcel in front of subject, pre-determined for a retail strip center. Traffic counts at intersection is approximately 22,000 per day.

Details

MLS#797114
Sub-TypeResale
StatusActive
Year2017
Days On Site284

Features

Story(s)1
ZoningPUD

Market Activity 73071

Loading Form

Loading Form

Area Information

StateOK
CountyCleveland
CityNorman
Zip Code73071
School DistrictCleveland
Listing VS Median (in 73071)
Price:
$3,950,000
low | high
Med:
$179,000
100% of Average
On Site:
284
low | high
Med:
31
100% of Average
Listing Updated: 08/13/2018
MLS Number: 797114
Listing Provided By:
Jason Nedrow  of  Richard Jennings Real Estate