Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$625,000
Commercial real estate
125 Apache St Norman, OK 73069-5803
Entity Owned
9-yr Hold
Property ID
US69-0590163
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2017
Construction
FRAME
Total area
4,822 SF
Lot
0.16 ac (6,970 SF)
Zoning code
R1
APN
NCT3LARSH 2 12001
UPID
US69-0590163
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$650k
Comparable Approach
Comparable
$674k
Blend (final)
Blend
$625k
Owner & transaction history
Dsbm Properties LLC · 9 yrs held
Dsbm Properties LLC
since 2017
6 recorded transactions
Zoning & alternative use
R1 · Norman, OK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.0M
+22.1%
Medical building
$955,000
+14.8%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Norman submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Norman submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$705,000
6.5%
$650,000
7%
$605,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$830,000
Current use
RETAIL STORES
$1,015,000
Change: +22% · Conversion: Easy
MEDICAL BUILDING
$955,000
Change: +15% · Conversion: Easy
AUTO REPAIR, GARAGE
$795,000
Change: -4% · Conversion: Difficult
OFFICE BUILDING
$770,000
Change: -7% · Conversion: Easy
Blend value · Realmo final
$625k
Range $563k – $688k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$130 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$8,178
Tax year 2023
Assessed value
$68,115
Assessed 2023
Previous assessed
$64,871
+5.0% YoY
Effective rate
12.01%
On assessed value
Assessed land
$7,801
Assessed improvement
$60,314
Land market value
$100,000
Improvement market value
$773,105
Total market value
$873,105
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2017
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Bathrooms
6
Total area
4,822 SF
Lot
0.16 ac (6,970 SF)
Zoning code
R1
APN
NCT3LARSH 2 12001
UPID
US69-0590163
Jurisdiction
CLEVELAND
Zoning & alternative use
R1 · Norman, OK
Zoning R1 · permitted uses
R1 · Norman, OK
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Norman. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$830,000
RETAIL STORES
Est. value
$1.0M
MEDICAL BUILDING
Est. value
$955,000
AUTO REPAIR, GARAGE
Est. value
$795,000
OFFICE BUILDING
Est. value
$770,000
COMMERCIAL (GENERAL) Current
RETAIL STORES
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2017
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
2
Bathrooms
6
Lot
0.16 ac
Current owner
From public records · entity-resolved
Dsbm Properties LLC
Entity
Mailing address
2020 BROOKHAVEN BLVD, NORMAN, OK 73072-3018
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 15, 2019
—
Dsbm Properties LLC
—
Deed
related
$509,619 · Bancfirst
Jun 2, 2017
—
Dsbm Properties LLC
Hiebert,donald J & Stacey L
Quit Claim Deed
related
$520,000 · First Bk
Jul 15, 2013
$190,000
Donald J Hiebert
Dmd Prime Ventures LLC
Grant Deed
$142,500 · First Mortgage Corp
Aug 17, 2010
$179,000
Dmd Prime Ventures LLC
Sine,robert J JR & Patricia K
Grant Deed
—
Jul 18, 2007
$167,000
Robert J Sine JR.
Marquis Palmer LLC
Grant Deed
$132,227 · Quail Creek Bank
—
—
Dsbm Properties LLC
—
Deed Of Trust
related
$509,619 · Bancfirst
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 125 Apache St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
