4200 28th Ave
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4200 28th Ave
16,678 SF 100% Leased Industrial Building Norman, OK 73069 £1,789,168 (£107/SF) 7.50% Net Initial Yield
Executive Summary
Building C – is 16,678 sf single tenant occupied warehouse. Built to have nine individual bays, the inside was custom configured for current tenant’s single use. Individual units would be 1,853 +/- sf each with each having a 12’ x 14’ grade level OHD, warehouse heater and bathroom. The entire property is fenced with an automatic entry gate at the street for ultimate security. This development backs up to I-35.
Property Facts
| Price | £1,789,168 | Lot Size | 3.17 AC |
| Price Per SF | £107 | Rentable Building Area | 16,678 SF |
| Sale Type | Investment | Number of Floors | 1 |
| Net Initial Yield | 7.50% | Year Built | 2022 |
| Property Type | Industrial | Parking Ratio | 3.3/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 19 ft |
| Building Class | B | Level Access Doors | 5 |
| Price | £1,789,168 |
| Price Per SF | £107 |
| Sale Type | Investment |
| Net Initial Yield | 7.50% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 3.17 AC |
| Rentable Building Area | 16,678 SF |
| Number of Floors | 1 |
| Year Built | 2022 |
| Parking Ratio | 3.3/1,000 SF |
| Clear Ceiling Height | 19 ft |
| Level Access Doors | 5 |
Amenities
- Security System
Utilities
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
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PROPERTY TAXES
| Parcel Number | R0086446 | Improvements Assessment | £242,577 |
| Land Assessment | £47,122 | Total Assessment | £289,699 |
PROPERTY TAXES
Parcel Number
R0086446
Land Assessment
£47,122
Improvements Assessment
£242,577
Total Assessment
£289,699
zoning
| Zoning Code | I-1 (Light Industrial) |
| I-1 (Light Industrial) |
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4200 28th Ave
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