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Property profile & analytics
OFF-MARKET
Estimated value
$565,000
Commercial land
429 Gray St Norman, OK 73069-7117
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US69-2354786
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.16 ac (6,970 SF)
Zoning code
ZN C1
APN
NCT3BIRAD 4 33001
UPID
US69-2354786
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$595k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$565k
Owner & transaction history
Crawford Investment Group LLC · 3 yrs held
Crawford Investment Group LLC
since 2023
Last sale
$500,000
7 recorded transactions
Zoning & alternative use
ZN C1 · 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
Method
Estimation
Statistic approach
$665,000
ML approach
$595,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$565k
Range $509k – $622k · ±10% · vs last sale $500k (Feb 23 2023)
Last sale anchor
$500k
Feb 23 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
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
$1,009
Tax year 2023
Assessed value
$8,400
Assessed 2023
Previous assessed
$8,400
+0.0% YoY
Effective rate
12.01%
On assessed value
Assessed land
$8,400
Land market value
$70,000
Total market value
$70,000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
YES
Lot
0.16 ac (6,970 SF)
Zoning code
ZN C1
APN
NCT3BIRAD 4 33001
UPID
US69-2354786
Jurisdiction
CLEVELAND
Zoning & alternative use
ZN C1 · Norman, OK
Zoning ZN C1 · permitted uses
ZN C1 · 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
Heating
YES
Lot
0.16 ac
Current owner
From public records · entity-resolved
Crawford Investment Group LLC
Entity
Mailing address
212 N CRAWFORD AVE, NORMAN, OK 73069-7220
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 23, 2023
$500,000
Crawford Investment Group LLC
Lisa G Russell
Warranty Deed
$1,109,200 · First United Bank And Trust Co INC
Feb 26, 2013
—
Russell,lisa G Living Trust
Roberson Bobby G Trust
Grant Deed
related
—
Jun 18, 2007
$65,000
Roberson,bobby G Living Trust
Charlie Iman Properties LLC
Warranty Deed
—
Apr 25, 2007
$2,500,000
Charlie Iman Properties LLC
Sab One INC
Trustees Deed
$2,000,000 · Bank Of Oklahoma
Apr 25, 2007
$2,300,000
Sab One INC
City Retail Investors LLC
Grant Deed
—
Aug 2, 2006
$1,250,000
City Retail Investors LLC
Crafts Etcl Property Co LLC
Grant Deed
$1,376,000 · F & M Bank & Trust Co
Aug 1, 2006
$1,250,001
City Retail Investors LLC
Crafts Etc Property Co LLC
Warranty Deed
$1,376,000 · F & M Bank & Trust Co
May 5, 2005
$1,376,001
Crafts Etci Property Co LLC
Hl Realty
Warranty Deed
—
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.
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