Bill and Jana Andrews - 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 Site291

Features

Story(s)1
ZoningPUD
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Market Activity 73071

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Area Information

StateOK
CountyCleveland
CityNorman
Zip Code73071
School DistrictCleveland
Listing VS Median (in 73071)
Price:
$3,950,000
low | high
Med:
$185,000
100% of Average
On Site:
291
low | high
Med:
109
100% of Average
Listing Updated: 08/20/2018
MLS Number: 797114
Listing Provided By:
Jason Nedrow  of  Richard Jennings Real Estate