Market outlook

Norman commercial, by property type.

How each commercial segment is trading — retail, office, industrial, multifamily, and land — with median price, median $/sq ft, and recent sales from Cleveland County records.

Retail & Dining

Storefronts, restaurants, and shopping centers.

$1.10M
Median price
$197/sf
Median $/sq ft
69
Sales (3 yr)
39
Last 12 mo
  • Recent sales
  • 2122 W Main St$1,500,000 · $476/sf
  • 731 Asp Ave$1,250,000 · $198/sf
  • 1150 Ed Noble Pkwy$1,000,000 · $159/sf
Land

Commercial and development land.

$300K
Median price
—
Median $/sq ft
51
Sales (3 yr)
25
Last 12 mo
  • Recent sales
  • 4601 Sw 112TH St$298,000
  • 2281 36TH Ave Nw$850,000
  • 2500 N Broadway St$165,000
Industrial & Auto

Warehouse, flex, auto, and light-industrial.

$800K
Median price
$121/sf
Median $/sq ft
45
Sales (3 yr)
27
Last 12 mo
  • Recent sales
  • 641 Sw 19TH St$2,255,000 · $656/sf
  • 2415 Pecan Creek Ridge$200,000 · $208/sf
  • 1835 Industrial Blvd$841,500 · $92/sf
Office

Office buildings, suites, and professional space.

$804K
Median price
$195/sf
Median $/sq ft
44
Sales (3 yr)
23
Last 12 mo
  • Recent sales
  • 2760 Washington Dr$753,000 · $142/sf
  • 9400 S I 35 Service Rd$1,100,000 · $190/sf
  • 2514 Tee Dr$185,000 · $183/sf
Multifamily

Apartment and multi-unit residential income property.

$875K
Median price
$245/sf
Median $/sq ft
40
Sales (3 yr)
27
Last 12 mo
  • Recent sales
  • 730 Deans Row Ave$645,000 · $148/sf
  • 714 Monnett Ave$755,000 · $257/sf
  • 780 Ne 27TH St$5,600,000 · $2,288/sf
Hospitality

Hotels, motels, and hospitality.

$4.64M
Median price
$127/sf
Median $/sq ft
4
Sales (3 yr)
3
Last 12 mo
  • Recent sales
  • 322 W Tonhawa St$850,000 · $154/sf
  • 301 Norman Center Ct$2,990,000 · $87/sf
  • 5401 Huettner Dr$7,562,000 · $175/sf
Medical

Clinics, dental, and medical-office space.

$960K
Median price
—
Median $/sq ft
4
Sales (3 yr)
1
Last 12 mo
  • Recent sales
  • 303 Se 4TH St$450,000 · $183/sf
  • 3860 Journey Pkwy$1,515,500
  • 3902 Journey Pkwy$348,000
Civic & Schools

Government, schools, and civic facilities.

$1.00M
Median price
—
Median $/sq ft
3
Sales (3 yr)
1
Last 12 mo
  • Recent sales
  • 2040 W Boyd St$850,000 · $98/sf
  • Sw 134TH St$1,000,000
  • 3801 Journey Pkwy$8,000,000 · $131/sf
Church

Churches and religious facilities.

$705K
Median price
—
Median $/sq ft
2
Sales (3 yr)
1
Last 12 mo
  • Recent sales
  • 14818 S Peebly Rd$305,000 · $40/sf
  • 2300 Bud Wilkinson Dr$1,105,000 · $81/sf

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