561 Merchant Dr Norman, OK 73069-6575
Property profile & analytics
561 Merchant Dr, Norman, OK 73069-6575
- Medical Office Space
- 4,665 SF
- 0.75 lot acres
Property ID
US69-1660391
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.
Location Intelligence
Current Use by Public Records
- Dental Design Studio of Norman / Dental Office
- Dr. Susan E. Whiteneck, DDS / Dental Office
- Jennifer M. Jenkins, DDS / Dental Office
- Sara K. Spurlock, DDS / Dental Office
Property Details for 561 Merchant Dr
- Year built
- 2016
- Lot size
- 0.75 lot acres
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- NC29R2006 2 6B001
- APU
- NC29R200626B001
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Mar 24, 2020 | — | Jenkins & Spurlock LLC | — | Deed · related | $277k · Rcb Bk |
| Jan 26, 2018 | — | Jenkins & Spurlock LLC | Whiteneck & Spurlock LLC | Warranty Deed · related | $175k · Rcb Bk |
| — | — | Whiteneck & Spurlock LLC | — | Loan Modification · related | $1.1M · Rcb Bk |
| — | — | Jenkins & Spurlock LLC | — | Deed Of Trust · related | $277k · Rcb Bk |
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $810,000
- 6.5%
- $745,000
- 7%
- $695,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $681,000
Market price range: $252k - $682k -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $920,000 Current use
- RETAIL STORES
- $980,000 Change: +6% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $805,000 Change: -13% Conversion: Easy
- AUTO REPAIR, GARAGE
- $770,000 Change: -17% Conversion: Difficult
- OFFICE BUILDING
- $745,000 Change: -19% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Norman
- County
- Cleveland
- State
- Oklahoma
- Longitude
- -97.4792
- Latitude
- 35.225
- 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
$20,094
$44,155
$123,182
$167,337
-
$490,050
$1,367,114
$1,857,164
