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Robinson Medical Plaza 701 E Robinson St 15,492 SF 100% Leased Office Building Norman, OK 73071 $2,556,180 ($165/SF)



Investment Highlights
- Established medical office property operating as Robinson Medical Clinic with multiple healthcare-related occupants. [loopnet.com]
- Single-story building constructed in 2003, offering convenient patient and visitor access. [loopnet.com]
- Positioned along E. Robinson Street with access to nearby restaurants, retail services, and residential neighborhoods. [showcase.com]
- Located near Norman Regional Hospital and surrounding medical service providers. [showcase.com]
- Surface parking field provides dedicated on-site parking accommodations. [loopnet.com]
- Located in Norman, home to the University of Oklahoma and part of the greater Oklahoma City metropolitan area, supporting a broad regional user base.
Executive Summary
701 E Robinson St is a medical office property located in Norman, Oklahoma, positioned along a well-traveled east-west corridor with convenient access to Norman Regional Hospital, surrounding medical practices, restaurants, and neighborhood services. The property was constructed in 2003 and operates as Robinson Medical Clinic, a multi-tenant medical office facility featuring a shared entrance and common areas designed to support a variety of healthcare-related uses. The site's established medical tenancy, surface parking, and proximity to healthcare demand generators create an opportunity for investors seeking an asset within Norman's medical office market. Norman benefits from its location within the Oklahoma City metropolitan area and is home to the University of Oklahoma, providing a large regional population base and ongoing healthcare demand. The property's accessibility, established medical setting, and surrounding commercial activity support long-term occupancy potential and continued relevance for healthcare providers and related professional users.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
15,492 SF
Building Class
C
Year Built
2003
Price
$2,556,180
Price Per SF
$165
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
15,492 SF
Building FAR
0.13
Lot Size
2.77 AC
Zoning
CO
Parking
70 Spaces (4.52 Spaces per 1,000 SF Leased)
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | R0136779 | Improvements Assessment | $78,487 |
| Land Assessment | $56,972 | Total Assessment | $135,459 |
Property Taxes
Parcel Number
R0136779
Land Assessment
$56,972
Improvements Assessment
$78,487
Total Assessment
$135,459
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