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Property profile & analytics
OFF-MARKET
Office buildings
1361 Quality Ave Norman, OK 73071-7962
Individually Owned
11-yr Hold
Absentee Owner
Free & Clear
Property ID
US69-0376440
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2006
Construction
WOOD FRAME
Total area
1,500 SF
Lot
1.99 ac (86,684 SF)
APN
SDC2 10 2W 33088
UPID
US69-0376440
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Ron Gregory · 11 yrs held
Ron Gregory
since 2014
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$6,136
Tax year 2023
Assessed value
$57,653
Assessed 2023
Previous assessed
$54,908
+5.0% YoY
Effective rate
10.64%
On assessed value
Assessed land
$28,961
Assessed improvement
$28,692
Land market value
$260,052
Improvement market value
$257,628
Total market value
$517,680
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2006
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
AC.PACKAGE
Buildings
4
Stories
1
Units
1
Total area
1,500 SF
Lot
1.99 ac (86,684 SF)
APN
SDC2 10 2W 33088
UPID
US69-0376440
Jurisdiction
CLEVELAND
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2006
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
4
Units
1
Lot
1.99 ac
Current owner
From public records · entity-resolved
Ron Gregory
Individual
Free & Clear · 11 yrs held
Mailing address
10324 GREENBRIAR PL STE F, OKLAHOMA CITY, OK 73159-7650
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 23, 2017
—
Jaguar Properties LLC
—
Trustees Deed
related
$1,500,000 · First Fidelity Bk
Jan 27, 2016
—
Jaguar Props Corp
—
Trustees Deed
related
$1,000,000 · Bancfirst
Dec 31, 2014
—
Ron Gregory
Air Comfort Solutions LLC
Grant Deed
related
—
Mar 21, 2011
$200,000
Air Comfort Solutions LLC
Karr Ents Corp
Grant Deed
related
—
Aug 21, 2006
$95,000
John D Carr
Stewart,don W & Sandra K
Warranty Deed
related
$170,000 · Republic Bank & Trust
—
—
Air Comfort Solutions LLC
—
Loan Modification
related
$500,000 · Bancfirst
—
—
Air Comfort Solutions LLC
—
Loan Modification
related
$500,000 · 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.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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