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Property profile & analytics
OFF-MARKET
Flex space
1800 Industrial Blvd Norman, OK 73069-8508
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US69-0386981
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
8,370 SF
Lot
1.15 ac (50,094 SF)
APN
NC29NOITR 2D001
UPID
US69-0386981
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
Current use
Occupant on record · Public records
-
Bob Usry & Sons Inc Plumbing Service General Contractor
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
Shayda Katherine Omoumi · 1 yrs held
Shayda Katherine Omoumi
since 2024
Last sale
$267,000
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
$4,592
Tax year 2023
Assessed value
$38,244
Assessed 2023
Previous assessed
$36,423
+5.0% YoY
Effective rate
12.01%
On assessed value
Assessed land
$20,950
Assessed improvement
$17,294
Land market value
$402,848
Improvement market value
$332,564
Total market value
$735,412
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
8,370 SF
Lot
1.15 ac (50,094 SF)
APN
NC29NOITR 2D001
UPID
US69-0386981
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
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
1
Lot
1.15 ac
Current owner
From public records · entity-resolved
Shayda Katherine Omoumi
Individual
Mailing address
1025 PO BOX 1272ND ST, NORMAN, OK 73070-1272
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 15, 2026
—
Herman Robert Usry Revocable
—
Deed
related
$650,000 · First United Bank And Trust Company
Aug 26, 2024
$267,000
Shayda Katherine Omoumi
Viadimir Futus
Warranty Deed
$150,000 · First United Bank & Trust Co
Jan 19, 2024
—
Herman Robert Usry
—
Deed
related
$450,000 · First United Bank & Trust Co
Dec 20, 2019
—
Washita Properties LLC
—
Deed
related
$564,000 · Great Nations Bk
Nov 20, 2019
—
Usry,herman R Trust
—
Deed
related
$70,082 · Republic Bk&tr
Jul 19, 2019
—
Usry,herman R Trust
—
Deed
related
$150,000 · Republic Bk&tr
Jul 2, 2019
—
Usry,herman R Trust
—
Deed
related
$40,000 · Republic Bk&tr
Mar 15, 2019
—
Usry,herman R Trust
—
Deed
related
$90,000 · Republic Bk&tr
Feb 27, 2019
—
Usry,herman R Trust
—
Deed
related
$55,883 · Republic Bk&tr
Jul 31, 2018
—
Usry,herman R Trust
—
Deed
related
$40,000 · Republic Bk&tr
Mar 10, 2005
—
Herman Robert Usry
Herman R Usry
Quit Claim Deed
related
$272,150 · Republic Bank & Trust
—
—
Usry,herman R Trust
—
Deed Of Trust
related
$55,883 · Republic Bk&tr
—
—
Usry,herman R Trust
—
Deed Of Trust
related
$90,000 · Republic Bk&tr
—
—
Usry,herman R Trust
—
Loan Modification
related
$150,000 · Republic Bk&tr
—
—
Usry,herman R Trust
—
Loan Modification
related
$70,082 · Republic Bk&tr
—
—
Washita Properties LLC
—
Deed Of Trust
related
$564,000 · Great Nations Bk
—
—
Usry,herman R Trust
—
Loan Modification
related
$40,000 · Republic Bk&tr
—
—
Usry,herman R Trust
—
Loan Modification
related
$40,000 · Republic Bk&tr
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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