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Financial
Distress signals
Property profile

527 E Main St Norman, OK 73071

FOR SALE
Retail space
Property ID
US69-0357710
1,150 SF 0.08 ac lot Built 1951
Last sale Aug 2025 · $244,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 1,150-square-foot office building, located at 527 E Main Street in Norman, Oklahoma, presents a lucrative investment opportunity. Situated on a 0.08-acre lot, the property boasts a recent, comprehensive renovation. The entire structure was rebuilt from the studs, featuring brand new stucco exterior, electrical system, plumbing, and HVAC. The C1 zoning allows for versatile usage, including retail, restaurant, or continued use as an office space. Ample parking is available,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value$15k
Assessed land$4k
Assessed improvement$11k
Effective rate12.00%

Value estimate

· Oct 2026
$110k
$99k – $121k
NOI build-up
Gross scheduled income$17k
Vacancy & credit loss−$862
Operating expenses−$5k
NOI · 4.59% cap applied$11k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$199/SF
Submarket average, outlier-cleaned · 52 recorded sales of this use type
Observed band · Q1–Q3$117 – $319

Cap rate analysis

How does the asset earn?
4.59%
$11k estimated NOI · market benchmarks for this use type

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

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCLEVELAND

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop13.0
Storage Facility10.8
Building Supply10.3

Location

527 E Main St Norman, OK 73071
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog · not on file

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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
104 Porter, Norman, OK 73071-5845 $250,000 Mar 2024 1,242 SF
1200 12th NE, Norman, OK 73071 $250,000 Jul 2023 1,287 SF
406 Main, Norman, OK 73071-5821 $220,000 Dec 2021 1,475 SF
101 Porter, Norman, OK 73071-5834 $300,000 Oct 2020 1,350 SF
1200 Alameda, Norman, OK 73071-3007 $900,000 Feb 2020 1,000 SF
302 Porter, Norman, OK 73071-5839 $385,000 May 2019 1,240 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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