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    Property profile & analytics

    1150 Cedar Ln Rd Norman, OK 73072-8107

    • Retail space
    • 5,984 SF
    • 0.83 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Dec 07, 2020
    Location Intelligence
    Property ID
    US69-0472743
    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.

    Current Use by Public Records

    • Sinclair / Gas Station
    • Next Elevation 2 / Cannabis Store / Pharmacy
    • Norman Super Mart / Gas Station / Convenience Store
    • Black Sheep Brooklyn / Tattoo Shop

    Property Details for 1150 Cedar Ln Rd

    Year built
    2008
    Construction
    STEEL FRAME
    Lot size
    0.83 lot acres
    Property size
    5,984 SF
    Property type
    Retail space
    APN
    NC29EAG14 1 1001
    APU
    NC29EAG1411001

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Norman
    County
    Cleveland
    State
    Oklahoma
    Longitude
    -97.4241
    Latitude
    35.1747
    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
    $12,497
    $27,010
    $77,062
    $104,072
    -
    $289,238
    $825,219
    $1,114,457

    Comparable in this City

    • Value Estimation by Request
      800 SF

      2326 Interstate Dr

      RETAIL STORES (PERSONAL SERVICES) • 800 SF
      2326 Interstate Dr, Norman, OK 73072-2991
      View Details
    • Value Estimation by Request
      2,640 SF

      1402 24th SW Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,640 SF
      1402 24th SW Ave, Norman, OK 73072-5775
      View Details
    • Value Estimation by Request
      19,340 SF

      1428 24th SW Ave

      RETAIL STORES (PERSONAL SERVICES) • 19,340 SF
      1428 24th SW Ave, Norman, OK 73072-5761
      View Details
    • Value Estimation by Request
      800 SF

      2348 Interstate Dr

      RETAIL STORES (PERSONAL SERVICES) • 800 SF
      2348 Interstate Dr, Norman, OK 73072-2991
      View Details
    • Value Estimation by Request
      6,000 SF

      1728 24th SW Ave

      RETAIL STORES (PERSONAL SERVICES) • 6,000 SF
      1728 24th SW Ave, Norman, OK 73072-5711
      View Details
    • Value Estimation by Request
      10,437 SF

      1230 24th SW Ave

      RETAIL STORES (PERSONAL SERVICES) • 10,437 SF
      1230 24th SW Ave, Norman, OK 73072-5701
      View Details

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    Similar Nearby for Lease

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      Retail space for lease in a convenient west side location.
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      Retail space available in a highly visited community shopping center.
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      Retail space in Norman's premier lifestyle center near OU.
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      Retail Space Near University Campus

      Retail space available near the University of Oklahoma campus.
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    • $24 SF/Yr
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    • $12 SF/Yr
      2,496 SF

      Norman Retail/Office Ready Suite

      2,496 SF whiteboxed suite suitable for various businesses.
      1042 N Flood Ave, Norman, OK 73072
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    1150 Cedar Ln Rd
    Norman, OK 73072-8107
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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