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    Property profile & analytics

    505 12th SE Ave Norman, OK 73071-4809

    • Day care centers
    • 4,524 SF
    • 0.46 lot acres
    OFF-MARKET
    Value Estimation
    $990,000
    Last Sale
    Feb 06, 2020
    $889,000
    Location Intelligence
    Property ID
    US69-0672153
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • 12th Avenue KinderCare / Day Care Center / Preschool

    Property Details for 505 12th SE Ave

    Year built
    1977
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.46 lot acres
    Property size
    4,524 SF
    Zone code
    R1
    Property type
    Day care centers
    APN
    NC29SUNH4 13 1001
    APU
    NC29SUNH4131001

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,130,000

    • CAP approach

      CAP return
      Estimation
      6%
      $790,000
      6.5%
      $915,000
      7%
      $925,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $915,000
      Geo Method
      $780,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $840,000
      Retail
      $720,000
      Mixed-Use
      $830,000
      Hospitality
      $675,000
      Educational
      $865,000
      Residential Income
      $875,000
      Energy
      $720,000
      Income-Based Land
      $725,000
      Food Service
      $690,000

    Location Insight

    • Map
    • Local Demand
    City
    Norman
    County
    Cleveland
    State
    Oklahoma
    Longitude
    -97.4231
    Latitude
    35.2122
    CBSA code
    36420
    CBSA name
    OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $23,265
    $8,452
    $185,288
    $193,740
    -
    $70,438
    $1,544,062
    $1,614,500

    Comparable in this City

    • Value Estimation
      $420,000
      4,950 SF

      1950 Alameda St

      DAY CARE, PRE-SCHOOL • 4,950 SF
      1950 Alameda St, Norman, OK 73071-2401
      View Details
    • Value Estimation
      $2,840,000
      1.61 Acres

      201 Triad Vlg Dr

      DAY CARE, PRE-SCHOOL • 1.61 Acres
      201 Triad Vlg Dr, Norman, OK 73071-2977
      View Details
    • Value Estimation by Request
      6,316 SF

      2205 Lindsey St

      DAY CARE, PRE-SCHOOL • 6,316 SF
      2205 Lindsey St, Norman, OK 73071-1812
      View Details
    • Value Estimation by Request
      744 SF

      606 Villa Dr

      DAY CARE, PRE-SCHOOL • 744 SF
      606 Villa Dr, Norman, OK 73071
      View Details
    • Value Estimation by Request
      3,535 SF

      1512 Alameda St

      DAY CARE, PRE-SCHOOL • 3,535 SF
      1512 Alameda St, Norman, OK 73071-3013
      View Details
    • Value Estimation by Request
      1,891 SF

      2605 Lindsey St

      DAY CARE, PRE-SCHOOL • 1,891 SF
      2605 Lindsey St, Norman, OK 73071-4309
      View Details

    Similar Nearby for Sale

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      Norman Specialty Property For Sale

      Specialty property available for purchase in Norman, Oklahoma.
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      1.27 Acres

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      1.27 acre residential lot suitable for building or mobile home.
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      1.27 Acres

      Residential Lot Near Lake Thunderbird

      Acreage for dream home, mobile home allowed, near Lake Thunderbird.
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      Industrial property available for purchase in Norman, Oklahoma.
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    Similar Nearby for Lease

    • Contact for pricing
      19,638 SF

      Norman Shopping Center Investment Opportunity

      Walmart-Shadowed Retail Center, 8 Suites
      627 12Th Ave, Norman, OK 73071
      View Details
    • $22 SF/Yr
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      Prime Norman Retail Space

      Modern, 1,383 SF Retail Unit Available
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    • $21 SF/Yr
      12,500 SF

      Norman Retail Building - 12,500 SF

      Prime Norman retail space, ample parking, owner-user potential.
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      View Details
    • $24 SF/Yr
      2,273 SF

      Norman Office Space For Rent

      Office space available in Norman, Oklahoma, suitable for medical or professional use.
      3311 W Rock Creek Rd, Norman, OK 73071
      View Details
    • Contact for pricing
      1,517 SF

      Retail Space in Norman, OK

      Neighborhood center with excellent co-tenancy and foot traffic.
      1100-1130 Alameda St, Norman, OK 73071
      View Details
    • $5,440 /Mo
      5,185 SF

      Warehouse with Dock and Office

      Warehouse with office space, dock, and convenient highway access.
      2600 Technology Pl, Norman, OK 73071
      View Details
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    Norman, OK 73071-4809
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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