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481 Merchant Dr; Norman, OK Property Details

481 Merchant Dr, Norman, OK is a Commercial Office that was built in 2016. This property is currently Financed and is not for sale. Our records show that 481 Merchant Dr has a total of 6,820 square feet. The lot size of 481 Merchant Dr is 19,602 square feet.

Off market
481 Merchant Dr Norman, OK 73069
$107,901 Estimated Value
6,820 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 2016
  • Purchase Price: $225,500
  • Open Loans / Balance: 1 / $136,648
  • APN: R0168291
  • Situs County: Cleveland
  • Length Of Ownership: 12 years

Structure

  • Stories: 2
  • Exterior Wall Type: Brick
  • Building Condition: Average
  • Building Quality: C
  • Roof Type: Hip
  • Roof Cover Type: Asphalt

Measurements

  • Total: 6,820/SqFt
  • Lot: 19,602/SqFt
  • Gross: 6,820/SqFt
  • Living: 6,820/SqFt
  • Building: 6,820/SqFt
  • Ground: 4,284/SqFt
  • Price Per Square Foot: $33.06

Legal Description

  • Description: RIEGER 2006 LOT 2A BLOCK 2
Building Insights

Land Information

  • Property Type: Commercial Office
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Norman Public Schools
  • Lat / Lon: 35.22425 / -97.4791
  • Subdivision: Rieger 2006
  • Property Class: Office
  • County Use Code: OFFICE

Amenities

  • Plus Four: 6565
  • Cooling: Central
  • Heating: Central

Ownership Info

481 Merchant Dr has no associated ownership info
481 Merchant Dr has no associated ownership info.

Taxes

481 Merchant Dr has 10 associated Taxes items

481 Merchant Dr, Norman, OK pays taxes in Cleveland County, OK. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $107,901. The APN we've located for 481 Merchant Dr is R0168291.

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Taxes
  • Assessed Value:  $107,901
  • Assessed Year:  2025
  • Assessed County:  Cleveland
  • APN:  R0168291
  • Assessed Land Value:  24222
  • Market Land Value:  294030
  • Tax Amount:  12948
  • Tax Year:  2025
  • Market Value:  1309756
  • Market Year:  2025

Tax History

481 Merchant Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $107,901 Land Value $24,222 Improvement Value $83,679 Tax Amount $12,948 Change Rate +0.052084% Assessed CR Tax Rate +0.119999%
Year 2024 Assessed Value $102,763 Land Value $22,772 Improvement Value $79,991 Tax Amount $12,307 Change Rate +0.047226% Assessed CR Tax Rate +0.119761%
Year 2023 Assessed Value $97,869 Land Value $20,979 Improvement Value $76,890 Tax Amount $11,752 Change Rate +0.094839% Assessed CR Tax Rate +0.120079%
Year 2022 Assessed Value $93,209 Land Value $26,400 Improvement Value $66,809 Tax Amount $10,734 Change Rate -0.051348% Assessed CR Tax Rate +0.115161%
Year 2021 Assessed Value $93,209 Land Value $26,400 Improvement Value $66,809 Tax Amount $11,315 Change Rate +0.021947% Assessed CR Tax Rate +0.121394%
Year 2020 Assessed Value $93,209 Land Value $26,400 Improvement Value $66,809 Tax Amount $11,072 Change Rate -0.016784% Assessed CR Tax Rate +0.118787%
Year 2019 Assessed Value $93,209 Land Value $26,400 Improvement Value $66,809 Tax Amount $11,261 Change Rate +0.031133% Assessed CR Tax Rate +0.120815%
Year 2018 Assessed Value $93,209 Land Value $26,400 Improvement Value $66,809 Tax Amount $10,921 Change Rate -0.010958% Assessed CR Tax Rate +0.117167%
Year 2017 Assessed Value $93,209 Land Value Improvement Value Tax Amount $11,042 Change Rate Assessed CR Tax Rate +0.118465%
Year 2016 Assessed Value $6,619 Land Value $6,619 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $6,304 Land Value $6,304 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $6,304 Land Value $6,304 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate