Entity Owned Property summary
AI-generated overview
This exceptional 1,650-square-foot flex space, located at 3557 National Dr. C, Norman, OK 73069, presents a unique opportunity for businesses seeking a versatile and strategically positioned property. Situated in the Moore/Norman submarket of the Oklahoma City Metro area, this two-story building offers convenient access to I-35. Built in 1985, the property features a 15.5-foot ceiling height, providing ample space for various uses. The zoning is designated as Industrial Light Manufacturing. The space is currently configured as a single-tenant occupancy, with a warehouse entry from the rear and a storefront/office facing Tecumseh Rd. The property includes one bathroom. This listing specifically refers to unit C. The total square footage is approximately 1,650 square feet. This property is perfect for businesses needing a blend of office and warehouse space, offering both functionality and prime location within a thriving commercial area. The property's location provides easy access to major transportation routes, enhancing logistical efficiency.
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
7,564 SF
Lot
0.68 ac (29,490 SF)
Zoning code
I1
APN
NC29NTRP3 6 4A001
UPID
US69-0137759
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
-
Carpet & Flooring Store
-
Medical Clinic
-
General Contractor
-
Auto Parts Store
-
(Bike/Boat/Book/etc) Store Printing Service
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$690k
Comparable Approach
Comparable
$710k
Blend (final)
Blend
$270k
Owner & transaction history
since 2020
3 recorded transactions
Zoning & alternative use
I1 · Norman, OK
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 8 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$270k
Value range
$243k – $297k
±10% around blend
Estimated value / SF
$36 / SF
Confidence
High
8 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
80
$243k
blend $270k
$297k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
7,564 SF
Lot area
0.68 ac
Year built
1985
Stories
1
APN
NC29NTRP3 6 4A001
Zoning
I1
Assessed value
$52,920
Annual tax
$6,355
3
Income approach: direct capitalization
Partial preview
Income approach indication
$690k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$745k
@ 6.5% CAP return
$690k
@ 7% CAP return
$640k
4
Sales comparison
Partial preview
Sales approach indication
$1.02M
Weighted, 8 comps · high confidence
Evidence
8 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
14.4 mi away · 7,500 SF
16.9 mi away · 7,300 SF
17.2 mi away · 6,200 SF
22.0 mi away · 5,325 SF
23.9 mi away · 8,700 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$270k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 24 sales
$78
-54%
Submarket 40 sales
$82
-57%
County 89 sales
$83
-57%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $36/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 8 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$53k
Move the market yield to see immediate price impact.
Value / SF
$7
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$3k
$67k
$48k
$37k
$4k
$74k
$53k
$41k
$4k
$81k
$58k
$45k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
8 found
High confidence · county-verified
Closest comparable
$869k
13.2 mi · Oct 2025 · $150/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$6,355
Tax year 2023
Assessed value
$52,920
Assessed 2023
Previous assessed
$50,400
+5.0% YoY
Effective rate
12.01%
On assessed value
Assessed land
$15,132
Assessed improvement
$37,788
Land market value
$147,395
Improvement market value
$368,045
Total market value
$515,440
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
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
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
5
Bathrooms
5
Total area
7,564 SF
Lot
0.68 ac (29,490 SF)
Zoning code
I1
APN
NC29NTRP3 6 4A001
UPID
US69-0137759
Jurisdiction
CLEVELAND
Zoning & alternative use
I1 · Norman, OKZoning I1 · permitted uses
I1 · Norman, OK
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
5
Bathrooms
5
Lot
0.68 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
I1
Jurisdiction
Norman, OK
Recorded code
I1
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for I1 in Norman, OK.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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