Norman, Oklahoma, is an attractive location for investors seeking to capitalize on the city's diverse economy and strong infrastructure. Industrial Properties for sale in Norman offer a unique opportunity to tap into the city's growing industries, including scientific research, healthcare, education, and technology. With a population of approximately 130,000, Norman provides a sizable workforce and consumer base, making it an ideal location for businesses and industries. The city's amenities, such as the Norman Regional Health System hospitals, Griffin Community Park Sports Complex, and the University of Oklahoma sports facilities, also contribute to its appeal. Additionally, Norman's location, 20 miles south of Oklahoma City, provides easy access to major transportation hubs, including Will Rogers World Airport and Max Westheimer Airport.
Norman's Industrial Properties for sale offer a range of investment opportunities, from warehouses and land to apartment buildings and commercial real estate. With 10 Industrial Properties currently available, investors have a diverse selection to choose from. The average price per square foot for Industrial Properties in Norman is $124 USD, with an average size of 11,990 square feet. The largest Industrial Property available in Norman spans 24,440 square feet. Warehouses in Norman offer a unique opportunity to tap into the city's logistics and distribution networks, while land investments provide a chance to develop new projects. Apartment buildings and commercial real estate, on the other hand, offer a steady stream of income through rental properties. With its strong economy and diverse industries, Norman is an attractive location for investors seeking to diversify their portfolios.
What is the average price per square foot for industrial properties in Norman?
The average price per square foot for industrial properties in Norman is $124 USD per square foot, with an average size of 11,990 square feet and a largest size of 24,440 square feet, among the 10 available listings.
How do location and transportation access affect industrial property values?
Location and transportation access play a significant role in determining industrial property values in Norman, Oklahoma, as they directly impact the ease of doing business, logistics, and overall operational efficiency.
- Proximity to major transportation hubs, such as Will Rogers World Airport and Max Westheimer Airport, can increase industrial property values due to the convenience of air transportation and access to national and international markets.
- Easy access to major roads, including Interstate 35, U.S. Highway 77, State Highway 9, and State Highway 77H, can also boost industrial property values by reducing transportation costs and increasing the speed of goods delivery.
- In Norman, industrial properties with convenient access to the city's transportation infrastructure, such as the Cleveland Area Rapid Transit (CART) system, may command higher values due to the reduced need for on-site parking and the increased attractiveness to employees and customers.
