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Investment Highlights

  • Recently renovated two-story office building with updated common areas.
  • 71 surface parking spaces for tenants and visitors.
  • Suite 202 is vacant and ready for a build to suit. Spec floorplans are available.
  • Excellent access to Interstate 35, Main Street, and the University of Oklahoma.
  • Positioned in a growing Norman business area adjacent to retail and service amenities.

Executive Summary

This two-story office property presents an opportunity for owner-users or investors seeking a well-located asset in Norman, Oklahoma. The building encompasses 13,636 gross square feet with a total net leasable area of 11,229 square feet. The building is offered for $1,300,000. Its location at the corner of Westpark and 24th Avenue SW provides direct connectivity to Main Street and Interstate 35, offering easy access to key regional thoroughfares. Just minutes from the University of Oklahoma, the property is well-positioned to serve a dynamic mix of professional services or medical uses. The site includes a full parking lot with 40 spaces, signage opportunities, and directory access. Recent common-area updates and elevator service make this property a versatile option for a range of office users. Income is based on projected income for the vacant space.
Please call the Broker for more details.
Virtual walk-through
Suite 200: https://my.matterport.com/show/?m=pYBJaiYGqWf
Building: https://my.matterport.com/show/?m=BjrCUkfexQM

Financial Summary (Pro Forma - 2026) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro Forma - 2026) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
13,636 SF
Building Class
B
Year Built
1980
Price
$1,300,000
Price Per SF
$95.34
Cap Rate
11.35%
NOI
$147,492
Percent Leased
88%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,818 SF
Slab To Slab
10’
Building FAR
0.68
Lot Size
0.46 AC
Zoning
Commercial - Commercial
Parking
40 Spaces (2.93 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Atrium
  • Courtyard
  • Wheelchair Accessible
  • Central Heating
  • Natural Light
  • Monument Signage
  • Outdoor Seating
  • Air Conditioning

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Dr. Dowell
  • Health Care and Social Assistance
  • 99,999 SF
  • -
  • -
  • -
  • Dr. Stoltenberg
  • Health Care and Social Assistance
  • 99,999 SF
  • -
  • -
  • -
  • Dr. Wandro
  • Health Care and Social Assistance
  • 99,999 SF
  • -
  • -
  • -
  • Endodontic Practice Assoc
  • Health Care and Social Assistance
  • 99,999 SF
  • -
  • Lorem Ipsum
  • -
  • Services
  • 99,999 SF
  • -
  • Lorem Ipsum
  • -

At Sooners Helping Sooners, Inc. their vision is to be the model for empowering former college student-athletes to identify, prepare for and achieve personal aspirations and career goals. Their mission is to positively impact the lives of former University of Oklahoma student-athletes and their families by providing opportunities for personal development, education and rewarding career paths. Sooners Helping Sooners, Inc. is a 501-3-C non-profit corporation headquartered in the Riverside Building located at 2600 Van Buren, Suite 2600 in Norman, Oklahoma.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Dr. Dowell Health Care and Social Assistance 99,999 SF - - -
Dr. Stoltenberg Health Care and Social Assistance 99,999 SF - - -
Dr. Wandro Health Care and Social Assistance 99,999 SF - - -
Endodontic Practice Assoc Health Care and Social Assistance 99,999 SF - Lorem Ipsum -
Services 99,999 SF - Lorem Ipsum -

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 2nd Fl-Ste 202
  • 1,575 SF
  • Office
  • Shell Space
  • Now

Imagine your new office here! Ready for design and build out. Office space available to build out to the client's needs. Very quiet professional building with an abundance of parking. Easy access to everywhere: I-35, Main Street, Campus Corner.

Space Size Space Use Build-Out Available
2nd Fl-Ste 202 1,575 SF Office Shell Space Now

2nd Fl-Ste 202

Size
1,575 SF
Space Use
Office
Build-Out
Shell Space
Available
Now

2nd Fl-Ste 202

Size 1,575 SF
Space Use Office
Build-Out Shell Space
Available Now

Imagine your new office here! Ready for design and build out. Office space available to build out to the client's needs. Very quiet professional building with an abundance of parking. Easy access to everywhere: I-35, Main Street, Campus Corner.

Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
  • Listing ID: 40160297

  • Date on Market: 4/15/2026

  • Last Updated:

  • Address: 707 24th Ave SW, Norman, OK 73069

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