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Property profile & analytics
OFF-MARKET
Flex space
3532 National Dr Norman, OK 73069-8222
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US69-2396901
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1985
Construction
STEEL FRAME
Total area
2,268 SF
Lot
0.42 ac (18,165 SF)
Zoning code
I1
APN
NC29NTRP3 5 7001
UPID
US69-2396901
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Power Roofing & Construction Construction Company General Contractor
-
B & J Insulation General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Power Homes LLC · 5 yrs held
Power Homes LLC
since 2021
Last sale
$220,000
5 recorded transactions
Zoning & alternative use
I1 · Norman, OK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Norman submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Norman submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$3,110
Tax year 2023
Assessed value
$25,899
Assessed 2023
Previous assessed
$24,666
+5.0% YoY
Effective rate
12.01%
On assessed value
Assessed land
$8,319
Assessed improvement
$17,580
Land market value
$90,860
Improvement market value
$191,992
Total market value
$282,852
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1985
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
2
Total area
2,268 SF
Lot
0.42 ac (18,165 SF)
Zoning code
I1
APN
NC29NTRP3 5 7001
UPID
US69-2396901
Jurisdiction
CLEVELAND
Zoning & alternative use
I1 · Norman, OK
Zoning I1 · permitted uses
I1 · Norman, OK
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Norman. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1985
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
1
Bathrooms
2
Lot
0.42 ac
Current owner
From public records · entity-resolved
Power Homes LLC
Entity
Mailing address
3532 NATIONAL DR, NORMAN, OK 73069-8222
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 27, 2021
$220,000
Power Homes LLC
Leo J Junk
Warranty Deed
$179,800 · Bancfirst
Jan 15, 2021
—
Leo J Junk
Junk Investments LLC
Quit Claim Deed
related
—
Jul 10, 2009
$110,000
Junk Investments LLC
Junk,leo J & Larita L
Grant Deed
related
—
Mar 15, 2006
$130,000
Leo James Junk
Profit Production INC
Warranty Deed
$48,230 · Advantage Bank
—
—
Leo J Junk
—
Deed Of Trust
related
$60,000 · Delbert & Berniece Dorman
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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