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    Property profile & analytics

    581 Merchant Dr Norman, OK 73069-6575

    • Office buildings
    • 3,843 SF
    • 0.39 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US69-0058481
    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

    • Kindred Wealth - Ameriprise Financial Services, LLC / Financial Planner / Investment Service
    • Link Cotham - Ameriprise Financial Services, LLC / Financial Planner / Investment Service
    • Rodney Gray - Financial Advisor, Ameriprise Financial Services, LLC / Financial Planner / Investment Service
    • Mark E Woody - Private Wealth Advisor, Ameriprise Financial Services, LLC / Financial Planner / Investment Service
    • Anthony Cruse - Associate Financial Advisor, Ameriprise Financial Services, LLC / Financial Planner / Investment Service

    Property Details for 581 Merchant Dr

    Year built
    2014
    Construction
    WOOD FRAME
    Lot size
    0.39 lot acres
    Property size
    3,843 SF
    Property type
    Office buildings
    APN
    NC29R2006 2 7A001
    APU
    NC29R200627A001

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Norman
    County
    Cleveland
    State
    Oklahoma
    Longitude
    -97.4792
    Latitude
    35.2253
    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
    $8,224
    $19,957
    $48,535
    $68,492
    -
    $252,495
    $614,057
    $866,552

    Comparable in this City

    • Value Estimation by Request
      0.34 Acres

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      10,272 SF

      3400 Deskin Dr

      OFFICE BUILDING • 10,272 SF
      3400 Deskin Dr, Norman, OK 73069-8295
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      6,250 SF

      1014 24th Ave Nw Ste, Unit 100

      OFFICE BUILDING • 6,250 SF
      1014 24th Ave Nw Ste, Norman, OK 73069-6558
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    • Value Estimation by Request
      20,270 SF

      1333 Main St

      OFFICE BUILDING • 20,270 SF
      1333 Main St, Norman, OK 73069-6864
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    • Value Estimation by Request
      2,051 SF

      111 Peters Ave

      OFFICE BUILDING • 2,051 SF
      111 Peters Ave, Norman, OK 73069-7234
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    • Value Estimation by Request
      14,328 SF

      809 Wall St

      OFFICE BUILDING • 14,328 SF
      809 Wall St, Norman, OK 73069-6303
      View Details

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    Similar Nearby for Lease

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    • $19 SF/Yr
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      Two-story office building with recent renovations, available in September.
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    • $12 SF/Yr
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      Office Space Near I-35

      Office space for lease near I-35 and OU campus.
      2233 W Lindsey St, Norman, OK 73069
      View Details
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    581 Merchant Dr
    Norman, OK 73069-6575
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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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