Taxes
- Assessed Value: $129,688
- Assessed Year: 2025
- Assessed County: Cleveland
- APN: R0171850
- Assessed Land Value: 39339
- Market Land Value: 327825
- Tax Amount: 15562
- Tax Year: 2025
- Market Value: 1080741
- Market Year: 2025
540 Merchant Dr; Norman, OK Property Details
Off market
540 Merchant Dr Norman, OK 73069
$129,688 Estimated Value
4,597 SqFt
Property Type
Commercial OfficeProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 2016
- Purchase Price: $340,000
- APN: R0171850
- Situs County: Cleveland
- Length Of Ownership: 11 years
Structure
- Stories: 1
- Exterior Wall Type: Brick
- Building Condition: Good
- Building Quality: B
- Roof Type: Hip
- Roof Cover Type: Asphalt
Measurements
- Total: 4,597/SqFt
- Lot: 21,867/SqFt
- Gross: 4,597/SqFt
- Garage: 1,250/SqFt
- Living: 3,972/SqFt
- Building: 4,597/SqFt
- Ground: 3,972/SqFt
- Price Per Square Foot: $73.96
Legal Description
- Description: RIEGER 2006 LOT 8B BLOCK 1
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: 35.224808 / -97.479996
- Subdivision: Rieger 2006
- Property Class: Office
- County Use Code: OFFICE
Amenities
- Plus Four: 6574
- Cooling: Central
- Garage: Attached Garage
- Heating: Central
- Parking: 2
Ownership Info
540 Merchant Dr has no associated ownership info
540 Merchant Dr has no associated ownership info.
Taxes
540 Merchant Dr has 10 associated Taxes items
540 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 $129,688. The APN we've located for 540 Merchant Dr is R0171850.
Unlock the full reportTax History
540 Merchant Dr has 11 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $129,688 | Land Value $39,339 | Improvement Value $90,349 | Tax Amount $15,562 | Change Rate +0.02422% | Assessed CR | Tax Rate +0.119996% |
| Year 2024 | Assessed Value $126,855 | Land Value $37,717 | Improvement Value $89,138 | Tax Amount $15,194 | Change Rate +0.047356% | Assessed CR | Tax Rate +0.119775% |
| Year 2023 | Assessed Value $120,814 | Land Value $34,437 | Improvement Value $86,377 | Tax Amount $14,507 | Change Rate +0.094868% | Assessed CR | Tax Rate +0.120077% |
| Year 2022 | Assessed Value $115,061 | Land Value $24,129 | Improvement Value $90,932 | Tax Amount $13,250 | Change Rate -0.003984% | Assessed CR | Tax Rate +0.115156% |
| Year 2021 | Assessed Value $109,582 | Land Value $42,000 | Improvement Value $67,582 | Tax Amount $13,303 | Change Rate +0.021971% | Assessed CR | Tax Rate +0.121398% |
| Year 2020 | Assessed Value $109,582 | Land Value $42,000 | Improvement Value $67,582 | Tax Amount $13,017 | Change Rate -0.016769% | Assessed CR | Tax Rate +0.118788% |
| Year 2019 | Assessed Value $109,582 | Land Value $42,000 | Improvement Value $67,582 | Tax Amount $13,239 | Change Rate +0.031075% | Assessed CR | Tax Rate +0.120814% |
| Year 2018 | Assessed Value $109,583 | Land Value $42,000 | Improvement Value $67,583 | Tax Amount $12,840 | Change Rate -0.011014% | Assessed CR | Tax Rate +0.117171% |
| Year 2017 | Assessed Value $109,583 | Land Value | Improvement Value | Tax Amount $12,983 | Change Rate +1.566825% | Assessed CR | Tax Rate +0.118476% |
| Year 2016 | Assessed Value $42,000 | Land Value $42,000 | Improvement Value | Tax Amount $5,058 | Change Rate | Assessed CR | Tax Rate +0.120429% |
| Year 2015 | Assessed Value $6,299 | Land Value $6,299 | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |