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Property profile & analytics
OFF-MARKET
Estimated value
$650,000
Retail space
8321 120th NE Ave, Norman, OK 73026-9759
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US69-0385328
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1990
Construction
WOOD FRAME
Total area
3,600 SF
Lot
4.55 ac (198,198 SF)
APN
NCC2 10 1W 25008
UPID
US69-0385328
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
Current use
Occupant on record · Public records
-
Country Corner Grocery & Convenience Store
-
Conoco Gas Station
-
LibertyX Bitcoin ATM Atm
-
Speedy Supply Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$550k
Comparable Approach
Comparable
$609k
Blend (final)
Blend
$650k
Owner & transaction history
Era786 LLC · 13 yrs held
Era786 LLC
since 2013
7 recorded transactions
Zoning & alternative use
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$600,000
6.5%
$550,000
7%
$515,000
Alternative Use
Use
Estimation
RETAIL STORES
$715,000
Current use
MEDICAL BUILDING
$710,000
Change: -1% · Conversion: Difficult
OFFICE BUILDING
$615,000
Change: -14% · Conversion: Easy
COMMERCIAL (GENERAL)
$600,000
Change: -16% · Conversion: Easy
AUTO REPAIR, GARAGE
$595,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$650k
Range $585k – $715k · ±10%
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
$181 / SF
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
$8,931
Tax year 2023
Assessed value
$75,083
Assessed 2023
Previous assessed
$75,083
+0.0% YoY
Effective rate
11.89%
On assessed value
Assessed land
$6,552
Assessed improvement
$68,531
Land market value
$54,600
Improvement market value
$571,095
Total market value
$625,695
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1990
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
3
Total area
3,600 SF
Lot
4.55 ac (198,198 SF)
APN
NCC2 10 1W 25008
UPID
US69-0385328
Jurisdiction
CLEVELAND
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$715,000
MEDICAL BUILDING
Est. value
$710,000
OFFICE BUILDING
Est. value
$615,000
COMMERCIAL (GENERAL)
Est. value
$600,000
AUTO REPAIR, GARAGE
Est. value
$595,000
RETAIL STORES Current
MEDICAL BUILDING
OFFICE BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1990
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
1
Bathrooms
3
Lot
4.55 ac
Current owner
From public records · entity-resolved
Era786 LLC
Entity
Mailing address
8321 120TH AVE NE, NORMAN, OK 73026-9759
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 2, 2019
—
Era786 LLC
—
Deed
related
—
Jul 11, 2016
—
Era786 LLC
—
Deed
related
—
May 28, 2013
$750,000
Era786 LLC
Sixjz LLC
Warranty Deed
$562,500 · First National Bank Oklahoma
Dec 1, 2009
$750,000
Sixjz LLC
Buley,beryl J & Catherine D
Grant Deed
—
Nov 1, 2007
—
Beryl J Buley
Buley,jerryl W
Quit Claim Deed
related
—
—
—
Era786 LLC
—
Loan Modification
related
—
—
—
Era786 LLC
—
Loan Modification
related
—
—
—
Beryl J Buley
—
Deed Of Trust
related
$75,000 · Bancfirst
—
—
Sixjz LLC
—
Loan Modification
related
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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