Warehouses for sale in Norman, Oklahoma, offer a unique opportunity for investors to tap into the city's diverse economy and growing population of approximately 130,000 residents. As a hub for scientific research, education, and private companies, Norman presents a strong case for investing in warehouses, which can cater to various industries and businesses. Warehouses in Norman can represent a range of investments, from storage and distribution centers to light manufacturing and assembly facilities. With its strategic location, Norman provides easy access to major transportation routes, including Interstate 35, U.S. Highway 77, and State Highway 9, making it an attractive option for businesses that require efficient logistics. The city's amenities, such as the Norman Regional Health System, Griffin Community Park Sports Complex, and the University of Oklahoma sports facilities, also contribute to its appeal. Additionally, Norman's arts and cultural scene, featuring institutions like the Fred Jones Jr. Museum of Art and the Sam Noble Oklahoma Museum of Natural History, make it an attractive place to live and work. With 3 warehouses for sale, investors have a range of options to choose from.
Norman's warehouses are situated in a city that is home to the University of Oklahoma, a major driver of the local economy. The city's diverse economy, which includes scientific research, healthcare, education, technology, and manufacturing, creates a strong demand for warehouse space. In addition to warehouses, Norman also offers 3 industrial properties, 3 land listings, 3 residential income homes, and 3 commercial real estate listings, providing investors with a range of options to diversify their portfolios. With its unique blend of education, research, and private enterprise, Norman presents a compelling case for investing in warehouses and other commercial properties. The city's attractions, including the Norman Medieval Fair, Norman Music Festival, and Summer Breeze Concert Series, also make it an attractive place to live and work. Overall, Norman's warehouses offer a unique opportunity for investors to tap into the city's growing economy and diverse industries.
What are the key features investors look for in warehouses in Norman?
When searching for warehouses in Norman, investors typically look for key features that ensure a profitable and efficient operation, including:
- Average price per square foot of $130 USD, with an average size of 25,949 square feet, and a maximum size of 37,178 square feet, providing ample space for storage and operations.
- A desirable location with easy access to major transportation facilities, such as Will Rogers World Airport, Max Westheimer Airport, and Interstate 35, ensuring convenient shipping and receiving of goods.
- A competitive average cap rate of 7.52%, indicating a strong potential for returns on investment, as well as proximity to the University of Oklahoma and other major employers, providing a stable and diverse tenant base.
What size warehouses are available to buy in Norman?
Warehouses for sale in Norman range in size from 25,949 square feet to 37,178 square feet, with an average price per square foot of $130 USD and an average cap rate of 7.52%, offering a variety of options for businesses and investors looking to purchase a warehouse in this Oklahoma city.
How much does it cost to buy a warehouse in Norman?
When it comes to buying a warehouse in Norman, the cost can vary depending on several factors, but as of now, there are 3 available listings, with an average price per square foot of $130 USD and an average size of 25,949 square feet, with the largest available warehouse spanning 37,178 square feet, and an average cap rate of 7.52%.
