121 Santa Fe Ave Norman, OK 73069-5636
Property Lookup
Property profile & analytics
121 Santa Fe Ave Norman, OK 73069-5636
- Retail space
- 7,985 SF
- 0.24 lot acres
Property ID
US69-0555801
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
- Pioneer Library System - Library Lab: A Pop-Up Community Place / Community Center
- SFM Oil & Gas Co Ltd / Gas Company
- Sweetwater Exploration LLC / Big Box & Wholesale Store
Property Details for 121 Santa Fe Ave
- Year built
- 1940
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.24 lot acres
- Property size
- 7,985 SF
- Zone code
- R2
- Property type
- Retail space
- APN
- NCT3AAAOT 67 14001
- APU
- NCT3AAAOT6714001
Description
This exceptional 7,620 square foot Class A office building, located at 121 S Santa Fe Ave in Downtown Norman, Oklahoma, offers a variety of flexible workspace options. Completely renovated in 2023, the property boasts 6,020 square feet of vacant space, divisible into units ranging from 1,360 to 6,020 contiguous square feet. The building features 11-foot exposed industrial truss ceilings with closed-cell spray foam insulation, polished concrete floors, and an open plan layout, perfect for modern businesses. Units 113 and 115 each include a partial break room with a sink, dishwasher, and under-counter refrigerator. Units 117 and 119 can be easily combined into a single approximately 3,300 square foot unit, and all spaces can potentially be combined for a total of approximately 6,020 square feet. Each unit includes a private bathroom. All mechanical systems – HVAC, plumbing, and electrical – are brand new. Situated on 0.24 acres, the single-story building offers ample parking with 12+ spaces. The property is zoned CCFB 1617-35 (Norman - City Center Form-Based Code
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,330,000
- 6.5%
- $1,225,000
- 7%
- $1,140,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $884,000
Market price range: $372k - $1.04M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,680,000 Current use
- MEDICAL BUILDING
- $1,580,000 Change: -6% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $1,375,000 Change: -18% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Norman
- County
- Cleveland
- State
- Oklahoma
- Longitude
- -97.4447
- Latitude
- 35.2195
- 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
$10,231
$25,200
$60,000
$85,200
-
$210,000
$500,000
$710,000
