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    151 12th SE Ave Norman, OK 73071-4958
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    Property profile & analytics

    151 12th SE Ave Norman, OK 73071-4958


    • Strip malls
    • 41,491 SF
    • 4.64 lot acres
    Off-Market
    Last Sale Aug 18, 2023
    Property ID
    US69-0284735
    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.

    Value Estimations
    $925,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • ATM (Bank of Oklahoma) / Atm
    • Loveworks Leadership / Child Welfare Organization / Charitable Organization
    • Harbor Freight Tools / Building Supply / Hardware & Home Improvement
    • Real Kitchen / Restaurant
    • KeyExpress Locksmiths / Locksmith / (Bike/Boat/Book/etc) Store

    Property Details for 151 12th SE Ave

    Year built
    1984
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    4.64 lot acres
    Property size
    41,491 SF
    Zone code
    C2
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    NC29ANAT1 1 1001
    APU
    NC29ANAT111001

    Description

    This exceptional 11,978-square-foot retail property is ideally situated in Norman, Cleveland County, Oklahoma, at 151 12th Ave SE, zip code 73071. Currently entirely vacant, this single-tenant space presents a unique opportunity for a variety of businesses. The property is classified as a neighborhood center, offering excellent visibility and accessibility. Its location within the Norman submarket provides strong potential for attracting customers. The surrounding area boasts a diverse range of established businesses, including Goodwill, Harbor Freight Tools, Sherwin Williams, Dickies BBQ, Dancing Crab Restaurant, and Liberty Tax, creating a vibrant commercial environment. A key advantage is the presence of an existing playground on the property, making it particularly suitable for businesses catering to families, such as daycare centers or private/charter schools. The property's size and location make it an attractive investment for businesses seeking a prominent presence in a thriving Norman community. The building's total square footage is 11,978 square feet, all of which is currently available for lease. This presents a blank canvas for a new tenant to customize the space to their specific needs. Contact us today to learn more about this exceptional opportunity.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $1,005,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $851,000
      Market price range: $852k - $1.44M
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $1,095,000
      Current use

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Norman
    County
    Cleveland
    State
    Oklahoma
    Longitude
    -97.4225
    Latitude
    35.2172
    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
    $17,279
    $89,754
    $54,135
    $143,889
    -
    $747,956
    $451,121
    $1,199,077
    More about this property
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