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    201 48th SW Ave Norman, OK 73072-4902
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    Property profile & analytics

    201 48th SW Ave, Norman, OK 73072-4902

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    • Assisted living facilities
    • 48,374 SF
    • 6.63 lot acres
    Off-Market
    Property ID
    US69-0436143
    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
    $1,715,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Assisted living facilities

    Property Details for 201 48th SW Ave

    Year built
    1985
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    6.63 lot acres
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    NC29GRACE 1 1001
    APU
    NC29GRACE11001

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 5, 2023 — Security Health Care LLC Flp LLC Sub Lease · related —
    Jul 3, 2018 — Aria Dev LLC — Grant Deed · related $2.2M · Great Plains Nat'l Bk
    — — Norman Properties LLC — Loan Modification · related —
    — — Norman Properties LLC — Loan Modification · related —
    — — Norman Properties LLC — Loan Modification · related $62M · Bokf NA
    — — Norman Properties LLC — Deed Of Trust · related $9.6M · Lancaster Pollard Mtg
    — — Flp LLC — Deed Of Trust · related $9.6M · Lancaster Pollard Mtg
    — — Norman Properties LLC — Loan Modification · related $7.8M · Bank Of Ok
    — — Norman Properties LLC — Deed Of Trust · related $907k · Fred W Sellers
    — — Norman Properties LLC — Deed Of Trust · related $7.8M · Bank Of Ok

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $1,215,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,221,000
      Market price range: $826k - $3.15M
    • Alternative Use

      Use
      Estimation
      HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
      $1,790,000
      Current use
      WAREHOUSE, STORAGE
      $2,615,000
      Change: +46% Conversion: Difficult

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


    Location Insight

    • Map
    • Local Demand
    City
    Norman
    County
    Cleveland
    State
    Oklahoma
    Longitude
    -97.5098
    Latitude
    35.2168
    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
    $77,618
    $141,494
    $504,905
    $646,399
    -
    $1,444,014
    $5,152,793
    $6,596,807
    More about this property
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