Financial
Distress signals
Property profile

360 NW 24Th Ave 114 Norman, OK 73069

FOR SALE
Retail space
Property ID
US69-0419949
10,856 SF 0.91 ac lot Built 2008
Last sale Aug 2007 · $16,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 19-yr Hold Held for 19 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is an office suite located in a maintained commercial center at 360 NW 24th Avenue, Suite 114, in Norman, Oklahoma, with access to Interstate 35. The office layout includes an open reception area arranged around a central hallway and four large rooms that can be used as private offices and/or conference rooms for professional operations. The building was constructed in 2008 and the suite is within a Commercial zoning classification. An adjacent suite (#118) exists and the suites can be combined to create a larger office space totaling 2,920 square feet.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$13k
Tax billed · 2023
Assessed value$104k
Assessed land$40k
Assessed improvement$64k
Effective rate12.01%

Value estimate

· Sep 2026
$1.44M
$1.30M – $1.58M
CAP approach$1.67M
Submarket $/SF estimate$1.08M
NOI build-up
Gross scheduled income$166k
Vacancy & credit loss−$43k
Operating expenses−$31k
NOI · 3,985.46% cap applied$92k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$210/SF
ZIP average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$82 – $373
Qualifying comparables3

Cap rate analysis

How does the asset earn?
3,985.46%
$92k 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: Kitchen & Bath
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Kitchen & Bath12.1
Barber Shop10.7
HVAC Service10.6

Location

360 NW 24Th Ave, Unit 114 Norman, OK 73069
County assessor Recorded deeds · 1 transfer 3 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1013 Flood, Norman, OK 73069-7643 $360,000 Oct 2024 13,953 SF
2107 Main, Norman, OK 73069-6459 $2,000,000 Apr 2024 10,252 SF
219 Gray, Norman, OK 73069-7205 $503,500 Jan 2024 7,000 SF
1544 24th NW, Norman, OK 73069-6338 $2,250,000 Dec 2023 8,000 SF
425 Main, Norman, OK 73069-1314 $1,650,000 Mar 2023 17,646 SF
615 Main, Norman, OK 73069-7062 $8,000,000 May 2022 14,987 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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