Financial
Distress signals
Property profile

1024 N Flood Ave Norman, OK 73069

FOR LEASE
Strip malls
Property ID
US69-0713894
31,088 SF 1.68 ac lot Built 1960
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a retail storefront building in Norman, Oklahoma, located at 1024 N Flood Avenue within Cleveland County. It has a total size of 37,760 square feet and is configured as a commercial retail asset intended for retail-oriented occupancy. The listing does not provide interior layout specifics, unit configuration, or details on existing improvements or merchandising buildout, so the interior condition and any tenant or buildout elements would need to be verified directly from available records.

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?
$12k
Tax billed · 2023
Assessed value$99k
Assessed land$31k
Assessed improvement$68k
Effective rate12.01%

Value estimate

· Sep 2026
$640k
$576k – $704k
AI approach$640k
Submarket $/SF estimate$799k
NOI build-up
Gross scheduled income$96k
Vacancy & credit loss−$5k
Operating expenses−$27k
NOI · 799,500.00% cap applied$64k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
799,500.00%
$64k 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: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store10.1
Dry Cleaner9.4
Locksmith9.3

Location

1024 N Flood Ave Norman, OK 73069
County assessor Recorded deeds · 1 transfer 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2596 Tecumseh, Norman, OK 73069-8247 $7,125,000 Jun 2024 18,365 SF
2400 Tecumseh, Norman, OK 73069 $4,396,000 Jul 2022 12,816 SF
2073 24th NW, Norman, OK 73069-6719 $4,766,000 Jun 2022 No data
2539 Main, Norman, OK 73069-6329 $1,545,000 May 2022 8,186 SF
2224 Main, Norman, OK 73069-6462 $5,650,000 Jul 2019 No data
2300 Main, Norman, OK 73069-6464 $5,064,500 Apr 2019 35,686 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?”
More about this property
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