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504 Stinson St 1,856 SF Retail Building Norman, OK 73072 $1,350,000 ($727.37/SF)
Investment Highlights
- 0.54 AC land is available for a variety of commercial uses, possibilities are endless!
- Surrounded by Residential and Apartment use housing making for a strong re-zoning case
- Campus Adjacent, 1/4 mi from Jenkins and 1/2 mi driving distance from the stadium
Executive Summary
Positioned within a quiet, established residential pocket, this ±0.54-acre parcel presents a unique opportunity for residential redevelopment in one of Norman’s most desirable infill corridors. Currently zoned C-1, the property is surrounded by residential uses, creating a compelling candidate for reconfiguration into a thoughtfully designed residential project or potential rezoning to residential or PUD (buyer to verify). Potential multifamily / attached residential redevelopment opportunity, with existing apartment adjacency nearby (buyer to verify zoning and density potential)
The site offers a functional layout with ample depth and frontage, suitable for a range of boutique development concepts including custom homes, duplexes, or a small-scale luxury infill community. Existing improvements on the property provide flexibility for interim use, rental income, or phased redevelopment.
With limited availability of parcels of this size in established neighborhoods, this property combines location, scale, and upside—making it an ideal acquisition for builders, developers, or investors seeking to create high-quality residential product in a supply-constrained area.
Opportunities like this—where scale, location, and redevelopment potential align—are increasingly rare in Norman’s mature neighborhoods.
The site offers a functional layout with ample depth and frontage, suitable for a range of boutique development concepts including custom homes, duplexes, or a small-scale luxury infill community. Existing improvements on the property provide flexibility for interim use, rental income, or phased redevelopment.
With limited availability of parcels of this size in established neighborhoods, this property combines location, scale, and upside—making it an ideal acquisition for builders, developers, or investors seeking to create high-quality residential product in a supply-constrained area.
Opportunities like this—where scale, location, and redevelopment potential align—are increasingly rare in Norman’s mature neighborhoods.
Property Facts
Sale Type
Investment
Sale Condition
Bulk/Portfolio Sale
Property Type
Retail
Property Subtype
Convenience Store
Building Size
1,856 SF
Building Class
C
Year Built
1965
Price
$1,350,000
Price Per SF
$727.37
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.54 AC
Parking
11 Spaces (5.93 Spaces per 1,000 SF Leased)
Frontage
128’ on Stinson
Amenities
- Corner Lot
- Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | R0022200 | Improvements Assessment | $44,806 |
| Land Assessment | $14,113 | Total Assessment | $58,919 |
Property Taxes
Parcel Number
R0022200
Land Assessment
$14,113
Improvements Assessment
$44,806
Total Assessment
$58,919
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504 Stinson St
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