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Financial
Distress signals
Property profile

2845 Broce Dr Norman, OK 73072

FOR LEASE
Flex space
Property ID
US69-0393438
5,500 SF 0.76 ac lot Built 1982
Last sale Dec 2015 · $650,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a renovated office/warehouse facility consisting of two buildings and totaling 10,250 square feet. It is configured into four suites: Unit A at 2,600 square feet and Suites B, C, and D at 3,650 square feet, 2,200 square feet, and 1,800 square feet, respectively. Interior buildout combines administrative areas (including private offices), restrooms, and kitchen spaces with open common areas and warehouse components, resulting in a flexible office-supported industrial layout. The…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$10k
Tax billed · 2023
Assessed value$79k
Assessed land$15k
Assessed improvement$65k
Effective rate12.01%

Value estimate

· Oct 2026
$430k
$387k – $473k
NOI build-up
Gross scheduled income$33k
Vacancy & credit loss−$2k
Operating expenses−$9k
NOI · 180,125.00% cap applied$22k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$82/SF
Submarket average, outlier-cleaned · 40 recorded sales of this use type
Observed band · Q1–Q3$47 – $121
Qualifying comparables11

Cap rate analysis

How does the asset earn?
180,125.00%
$22k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
I1
JurisdictionCLEVELAND

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply17.2
Wholesale Shop16.5
Auto Parts Store15.2

Location

2845 Broce Dr Norman, OK 73072
County assessor Recorded deeds · 2 transfers 11 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2896 Broce, Norman, OK 73072-2405 $650,000 Feb 2025 4,992 SF
3111 Broce, Norman, OK 73072-2403 $30,000 May 2024 5,960 SF
3221 Bart Conner, Norman, OK 73072-2407 $1,300,000 Jul 2023 13,424 SF
3205 Bart Conner, Norman, OK 73072-2407 $800,000 Jan 2022 5,400 SF
3203 Broce, Norman, OK 73072-2453 $960,000 Oct 2021 18,618 SF
2805 Broce, Norman, OK 73072-2405 $970,000 Sep 2021 13,328 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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