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    Property profile & analytics

    160 12th SE Ave Norman, OK 73071-4908

    • Turn key restaurants
    • 3,389 SF
    • 0.67 lot acres
    OFF-MARKET
    Value Estimation
    $620,000
    Last Sale
    Feb 08, 2022
    $700,000
    Location Intelligence
    Property ID
    US69-0290273
    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.

    Current Use by Public Records

    • Mazzio's Italian Eatery / Caterer / Pizza Restaurant

    Property Details for 160 12th SE Ave

    Year built
    1984
    Construction
    WOOD FRAME
    Lot size
    0.67 lot acres
    Property size
    3,389 SF
    Zone code
    C2
    Property type
    Turn key restaurants
    APN
    NC29CINMA 1 3001
    APU
    NC29CINMA13001

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $615,000

    • CAP approach

      CAP return
      Estimation
      6%
      $635,000
      6.5%
      $625,000
      7%
      $600,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $560,000
      Geo Method
      $580,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $680,000
      Retail
      $670,000
      Mixed-Use
      $655,000
      Hospitality
      $650,000
      Educational
      $500,000
      Residential Income
      $665,000
      Energy
      $625,000
      Income-Based Land
      $635,000
      Food Service
      $495,000

    Location Insight

    • Map
    • Local Demand
    City
    Norman
    County
    Cleveland
    State
    Oklahoma
    Longitude
    -97.4241
    Latitude
    35.217
    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
    $10,086
    $31,981
    $52,017
    $83,998
    -
    $266,512
    $433,479
    $699,991

    Comparable in this City

    • Value Estimation by Request
      3,352 SF

      1551 Ann Branden Blvd

      RESTAURANT • 3,352 SF
      1551 Ann Branden Blvd, Norman, OK 73071-1593
      View Details
    • Value Estimation
      $570,000
      5,584 SF

      2130 Alameda St

      RESTAURANT • 5,584 SF
      2130 Alameda St, Norman, OK 73071-2419
      View Details
    • Value Estimation
      $255,000
      2,745 SF

      4712 Porter Ave

      RESTAURANT • 2,745 SF
      4712 Porter Ave, Norman, OK 73071-7123
      View Details
    • Value Estimation by Request
      4,061 SF

      1331 Alameda St

      RESTAURANT • 4,061 SF
      1331 Alameda St, Norman, OK 73071-3008
      View Details
    • Value Estimation by Request
      2,996 SF

      1201 Alameda St

      RESTAURANT • 2,996 SF
      1201 Alameda St, Norman, OK 73071-3006
      View Details
    • Value Estimation by Request
      2,645 SF

      1310 Lindsey St

      RESTAURANT • 2,645 SF
      1310 Lindsey St, Norman, OK 73071-2521
      View Details

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    • Contact for pricing
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    Property Visit Statistics

    • Visits by month
      6.1k
    • Visitors by month
      4.4k
    • Avg Time on site
      31 min
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    Norman, OK 73071-4908
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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