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851-867 12th Ave NE
Norman, OK 73071
Damann Plaza · Retail Property For Sale

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INVESTMENT HIGHLIGHTS

  • 1.5 Miles Northeast of the University of Oklahoma
  • 20 Minutes South of Oklahoma City
  • Norman is the 3rd Largest City in the State

EXECUTIVE SUMMARY

100% Occupied
5 Notable Tenants
NOI: $156,632.58
Walmart Shadow Center
New TPO Roof Installed in 2021

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Building Size
9,316 SF
Building Class
B
Year Built
2000
Price
$2,727,271 CAD
Price Per SF
$292.75 CAD
Cap Rate
7.90%
NOI
$215,454 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.31
Lot Size
0.69 AC
Zoning
C-1
Parking
35 Spaces (3.76 Spaces per 1,000 SF Leased)
Frontage
108’ on 12th Ave

AMENITIES

  • Pylon Sign
  • Signage
  • Tenant Controlled HVAC
  • Wheelchair Accessible
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R0097015
Land Assessment
$50,764 CAD
Improvements Assessment
$104,983 CAD
Total Assessment
$155,747 CAD
  • Listing ID: 38477614

  • Date on Market: 2025-11-17

  • Last Updated:

  • Address: 851-867 12th Ave NE, Norman, OK 73071

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