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226 W Gray St
Norman, OK 73069
Dowell Building · Office Property For Sale
Investment Highlights
- Close to Historic Downtown Norman, Centrally Located
- Street Signage Available
- Covered Parking
- Across from Norman City Hall and walkable to Cleveland County Courthouse
- New Roof in 2022
- Garver Engineering is a Long Term Anchor Tenant
Executive Summary
Opportunity to purchase mid-size office building near Downtown Norman at the corner of Gray & Webster. This property is perfect for an Owner/User or an Investor who can take their time and fill the vacancies because Seller is offering a 2-year master lease.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
18,916 SF
Building Class
C
Year Built/Renovated
1964/1995
Price
$1,801,915
Price Per SF
$95.26
Percent Leased
79%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
9,458 SF
Slab To Slab
10’
Building FAR
0.78
Lot Size
0.56 AC
Zoning
C2 - General Commercial
Parking
35 Spaces (1.85 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | R0024436 | Improvements Assessment | $129,652 |
| Land Assessment | $32,178 | Total Assessment | $161,830 |
Property Taxes
Parcel Number
R0024436
Land Assessment
$32,178
Improvements Assessment
$129,652
Total Assessment
$161,830
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