Property profile

2451 Van Buren St Norman, OK 73072

FOR SALE
Flex space
Saved · see the list in your Dashboard
Property ID
US69-0467565
24,219 SF 1.27 ac Built 1989
Last sale Oct 2023·$3,300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

The property is a warehouse facility configured for distribution, storage, light manufacturing, or service-related operations, featuring a functional interior layout and loading-ready design. Building improvements include LED lighting, a unit heater, a fire suppression system, and an HVAC-equipped office area with a breakroom and two restrooms. Loading access includes 21’ clear height, a 14’ x 14’ overhead door with a ramp, and an 8’ x 10’ dock-high door with a dock plate. The facility is…

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?
$19k
Tax billed · 2023
Assessed value$161k
Assessed land$60k
Assessed improvement$101k
Effective rate12.01%

Value estimate

· Nov 2026
$4.38M
$3.94M – $4.82M
AI approach$4.29M
CAP approach$2.21M
Submarket $/SF estimate$2.24M
NOI build-up
Gross scheduled income$74k
Vacancy & credit loss−$4k
Operating expenses−$21k
NOI · 592.21% cap applied$49k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$82/SF
Submarket average, outlier-cleaned · 40 recorded sales of this use type
Observed band · Q1–Q3$47 – $121

Cap rate analysis

How does the asset earn?
592.21%
$49k 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?
C2
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 Supply18.8
Wholesale Shop18.4
Realty agency16.9

Location

2451 Van Buren St Norman, OK 73072
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file 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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3250 Robinson, Norman, OK 73072-3349 $1,400,000 Nov 2024 19,524 SF
3111 Broce, Norman, OK 73072-2403 $30,000 May 2024 5,960 SF
3221 Bart Conner, Norman, OK 73072-2407 $1,300,000 Jul 2023 13,424 SF
3205 Bart Conner, Norman, OK 73072-2407 $800,000 Jan 2022 5,400 SF
3203 Broce, Norman, OK 73072-2453 $960,000 Oct 2021 18,618 SF
2805 Broce, Norman, OK 73072-2405 $970,000 Sep 2021 13,328 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
Why this one?
Saved