Property profile

2505 Main St Norman, OK 73069

OFF-MARKET
Other automotive properties
Property ID
US69-0474023
40,108 SF 3.15 ac lot Built 1920
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

The property is a large commercial building containing approximately 47,236 square feet of space. It includes multiple overhead doors with clear heights ranging from 10 feet to 14 feet. The site provides on-site parking surrounding the building. The property is zoned C-2 and governed via PUD, and its configuration and frontage are consistent with use by a range of commercial businesses.

Property profile

Verified
Property type Other automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1920
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 40,108 SF
Lot 3.15 ac (137,214 SF)
Zoning code C2
APN NC29SALYR 1 1001
UPID US69-0474023

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • Gym & Fitness Center
  • Auto Repair Shop

Location

2505 Main St Norman, OK 73069-6329
Norman metro Census 200900 OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$835k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$835k

Owner & transaction history

since 2024
Last sale
$835,500
7 recorded transactions
2024
$835,500
2021
Price N/A
2016
Price N/A
2013
$1.7M
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C2 · Norman, OK

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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