1130 Rambling Oaks Dr Norman, OK 73071
Property profile & analytics
1130 Rambling Oaks Dr Norman, OK 73071
- Retail space
- 12,500 SF
- 0.68 lot acres
Property ID
US69-0421277
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Neidhart Insurance / Insurance Agency
- Hello Pho - Vietnamese Kitchen / Restaurant
- Elite Roofing OK / Roofing Company / General Contractor
- Belle Vie Salon & Spa / Nail Salon
- The Hair Loft at Mystique / Hair Salon
Property Details for 1130 Rambling Oaks Dr
- Year built
- 2005
- Construction
- STEEL FRAME
- Lot size
- 0.68 lot acres
- Property size
- 12,500 SF
- Zone code
- ZN C1
- Property type
- Retail space
- APN
- NC29SPS11 1 3002
- APU
- NC29SPS1113002
Description
This exceptional 12,500-square-foot retail building, situated on a 0.68-acre lot in Norman, Oklahoma, presents a compelling investment opportunity. Constructed in 2005, the two-story brick structure boasts ample parking and is zoned CO. Currently, a portion of the building (1,485 square feet) is available for lease or purchase. The building previously housed La Baguette, making it ideally suited for a restaurant or similar business. The property's location on Norman's west side offers excellent visibility, potentially enhanced by a pole sign with Interstate visibility. The building features a single suite, offering flexibility for a variety of commercial uses. Detailed financial information is available upon request. The property is located at 1130 Rambling Oaks Dr, Norman, OK 73071, within Cleveland County. This is a rare opportunity to acquire a well-maintained commercial property in a thriving Oklahoma market.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,080,000
- 6.5%
- $1,920,000
- 7%
- $1,780,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,876,000
- AI Estimate
- $2,332,000
Market price range: $1.46M - $3.99MMarket price range: $602k - $3.71M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $2,485,000 Current use
- RESTAURANT
- $3,715,000 Change: +49% Conversion: Easy
- MEDICAL BUILDING
- $2,470,000 Change: -1% Conversion: Difficult
- OFFICE BUILDING
- $2,140,000 Change: -14% Conversion: Easy
- COMMERCIAL (GENERAL)
- $2,090,000 Change: -16% Conversion: Easy
- AUTO REPAIR, GARAGE
- $2,060,000 Change: -17% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Norman
- County
- Cleveland
- State
- Oklahoma
- Longitude
- -97.49
- Latitude
- 35.2321
- CBSA code
- 36420
- CBSA name
- OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$22,743
$53,149
$136,246
$189,395
-
$444,315
$1,138,964
$1,583,279
