Property profile

261 12th SE Ave Norman, OK 73071

OFF-MARKET
Car washes
Property ID
US69-0523839
4,896 SF 0.88 ac lot Built 2003
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Car washes
Use group CAR WASH
Year built 2003
Construction STEEL FRAME
Total area 4,896 SF
Lot 0.88 ac (38,333 SF)
APN NC29ANAT5 1 2001
UPID US69-0523839

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
  • Car Wash

Location

261 12th SE Ave Norman, OK 73071-4909
Norman metro Census 200604 OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.19M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.21M
Blend (final) Blend
$1.17M

Owner & transaction history

since 2021
Last sale
$1.3M
5 recorded transactions
2023
Price N/A
2021
$1.3M
2017
$1.2M
2012
$550,000
2008
$500,000

Zoning & alternative use

Top alternative use upside
Retail stores $975,000 +20.8%
Medical building $965,000 +20.1%
Office building $835,000 +3.9%

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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