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Property profile

121 S Santa Fe Ave Norman, OK 73069

FOR LEASE
Retail space
Property ID
US69-0555801
7,985 SF 0.24 ac lot Built 1940
Last sale Sep 2022
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Suite 117 is a 1,360-square-foot retail space located within a commercial building constructed in 1940. The suite is configured as flexible space suitable for a range of retail-oriented uses and is situated in an area with nearby street parking. The property is at 121 S Santa Fe Avenue in downtown Norman, approximately half a mile from Campus Corner and the University of Oklahoma, within a commercial district featuring restaurants, independent shops, and cultural activities.

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?
$10k
Tax billed · 2023
Assessed value$85k
Assessed land$25k
Assessed improvement$60k
Effective rate12.01%

Value estimate

· Oct 2026
$1.15M
$1.04M – $1.27M
CAP approach$1.23M
Submarket $/SF estimate$884k
NOI build-up
Gross scheduled income$50k
Vacancy & credit loss−$13k
Operating expenses−$9k
NOI · 121,682.61% cap applied$28k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$210/SF
ZIP average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$82 – $373
Qualifying comparables11

Cap rate analysis

How does the asset earn?
121,682.61%
$28k 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?
R2
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 Shop14.2
Building Supply13.8
Auto Parts Store12.9

Location

121 S Santa Fe Ave Norman, OK 73069
County assessor Recorded deeds · 3 transfers 11 qualifying comp sales 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
1013 Flood, Norman, OK 73069-7643 $360,000 Oct 2024 13,953 SF
2107 Main, Norman, OK 73069-6459 $2,000,000 Apr 2024 10,252 SF
327 Comanche, Norman, OK 73069 $450,000 Mar 2024 5,500 SF
219 Gray, Norman, OK 73069-7205 $503,500 Jan 2024 7,000 SF
1544 24th NW, Norman, OK 73069-6338 $2,250,000 Dec 2023 8,000 SF
615 Main, Norman, OK 73069-7062 $8,000,000 May 2022 14,987 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
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