Financial
Distress signals
Property profile

317 W Gray St Norman, OK 73069

FOR LEASE
Retail space
Property ID
US69-0530231
4,100 SF 0.13 ac lot Built 1960
Last sale Dec 2025 · $519,000
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A 4,000-square-foot flexible retail or office property located at 317 W Gray St in downtown Norman, Oklahoma. The interior layout includes a wide-open main area suitable for showroom, retail, or reception use, along with three separate enclosed rooms that can function as offices or service areas. Additional features include a breakroom, storage space, and one restroom. The building includes a large pylon sign intended for roadside visibility.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value$20k
Assessed land$4k
Assessed improvement$16k
Effective rate12.01%

Value estimate

· Sep 2026
$270k
$243k – $297k
CAP approach$630k
Submarket $/SF estimate$518k
NOI build-up
Gross scheduled income$62k
Vacancy & credit loss−$16k
Operating expenses−$12k
NOI · 347,720.00% cap applied$35k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$210/SF
ZIP average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$82 – $373
Qualifying comparables9

Cap rate analysis

How does the asset earn?
347,720.00%
$35k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
R2
JurisdictionCLEVELAND

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply32.9
Wholesale Shop31.9
Auto Parts Store24.0

Location

317 W Gray St Norman, OK 73069
County assessor Recorded deeds · 1 transfer 9 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
912 Flood, Norman, OK 73069-7642 $315,000 Jul 2025 3,190 SF
328 Robinson, Norman, OK 73069-7860 $687,500 Apr 2024 3,134 SF
327 Comanche, Norman, OK 73069 $450,000 Mar 2024 5,500 SF
124 Main, Norman, OK 73069-1301 $500,000 Jan 2024 2,728 SF
905 Flood, Norman, OK 73069-7641 $315,000 Dec 2023 3,036 SF
112 Main, Norman, OK 73069-1307 $400,000 Apr 2022 3,340 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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