Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    2803 24th NW Ave Norman, OK 73069-6717

    • Assisted living facilities
    • 7.92 lot acres
    OFF-MARKET
    Value Estimation
    $3,395,000
    Last Sale
    Mar 10, 2020
    $2,918,000
    Location Intelligence
    Property ID
    US69-0456513
    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

    • Sooner Station Senior Living / Assisted Living Facility / Retirement Community

    Property Details for 2803 24th NW Ave

    Lot size
    7.92 lot acres
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    NC29UNP16 1 1001
    APU
    NC29UNP1611001

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,710,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,745,000
      6.5%
      $3,295,000
      7%
      $2,800,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,115,000
      Geo Method
      $3,240,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,450,000
      Retail
      $2,560,000
      Mixed-Use
      $2,935,000
      Hospitality
      $2,615,000
      Educational
      $2,680,000
      Residential Income
      $3,355,000
      Energy
      $3,310,000
      Income-Based Land
      $3,185,000
      Food Service
      $3,185,000

    Location Insight

    • Map
    • Local Demand
    City
    Norman
    County
    Cleveland
    State
    Oklahoma
    Longitude
    -97.4806
    Latitude
    35.2537
    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
    $450,513
    $349,820
    $3,401,955
    $3,751,775
    -
    $2,915,174
    $28,349,620
    $31,264,794

    Comparable in this City

    • Value Estimation by Request
      35,127 SF

      1210 Robinson St

      HOMES (RETIRED, NURSING) • 35,127 SF
      1210 Robinson St, Norman, OK 73069-7401
      View Details
    • Value Estimation
      $480,000
      25,760 SF

      600 24th SW Ave

      HOMES (RETIRED, NURSING) • 25,760 SF
      600 24th SW Ave, Norman, OK 73069-3913
      View Details
    • Value Estimation by Request
      101,806 SF

      1111 24th NW Ave

      HOMES (RETIRED, NURSING) • 101,806 SF
      1111 24th NW Ave, Norman, OK 73069
      View Details
    • Value Estimation by Request
      11,800 SF

      301 Dl St

      HOMES (RETIRED, NURSING) • 11,800 SF
      301 Dl St, Norman, OK 73069-8737
      View Details
    • Value Estimation by Request
      4,396 SF

      816 24th SW Ave

      MEDICAL BUILDING • 4,396 SF
      816 24th SW Ave, Norman, OK 73069-3930
      View Details
    • Value Estimation by Request
      10,730 SF

      2214 Boyd St

      MEDICAL BUILDING • 10,730 SF
      2214 Boyd St, Norman, OK 73069-4836
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      7,985 SF

      Downtown Norman Office Space

      Prime location, flexible layout, high visibility.
      121 Santa Fe Ave, Norman, OK 73069
      View Details
    • Contact for pricing
      4,320 SF

      Prime Norman Office Suites

      Three Suites, Freshly Renovated
      320 Main St, Norman, OK 73069
      View Details
    • $1,660,560
      7,855 SF

      Prime Norman Office Building

      7,855 SF Office, Owner/User Opportunity
      1018 24Th Ave, Norman, OK 73069
      View Details
    • $520,800
      4,960 SF

      Norman Office Warehouse - Prime Location

      4,960 SF Office/Warehouse, $520,800
      3530 Macdonnell Dr, Norman, OK 73069
      View Details
    • $3,500,000
      10,350 SF

      Norman Industrial Property

      10,500 SF Warehouse, 23 Acres
      3000 12th Ave NW, Norman, OK 73069
      View Details
    • $1,348,618

      Norman Land Parcel For Sale

      7.74 acres of land with highway access in Norman.
      24Th Ave SE, Norman, OK 73069
      View Details

    Similar Nearby for Lease

    • $24 SF/Yr
      6,900 SF

      Franklin Business Park Office Suites

      Modern Norman office suites, $700/month.
      2776 Washington Dr, Norman, OK 73069
      View Details
    • $21 SF/Yr
      2,400 SF

      Norman Executive Office Space

      2,400 SF Office, Prime Location
      912 26Th Ave, Norman, OK 73069
      View Details
    • Contact for pricing
      217,262 SF

      University Town Center Retail Space

      Prime Norman, OK retail space near OU.
      0 24Th Ave, Norman, OK 73069
      View Details
    • $25 SF/Yr
      2,000 SF

      2,000 SF Retail Space Available

      Second-generation retail space in prime location near Norman Healthplex.
      3600 W Tecumseh Rd, Norman, OK 73069
      View Details
    • $2,200 /Mo

      Industrial Outdoor Storage Space Available

      0.60 Acres MOL, paved, fenced, and lighted storage space.
      3201 North Flood Ave, Norman, OK 73069
      View Details
    • $15 SF/Yr
      1,200 SF

      Renovated Office Space Available

      Office space with high visibility and renovated exterior for rent.
      110 Thompson Dr, Norman, OK 73069
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2803 24th NW Ave
    Norman, OK 73069-6717
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.