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561 Merchant Dr; Norman, OK Property Details

561 Merchant Dr, Norman, OK is a Commercial Office that was built in 2016. This property is currently a cash purchase and is not for sale. Our records show that 561 Merchant Dr has a total of 4,665 square feet. The lot size of 561 Merchant Dr is 32,670 square feet.

Off market
561 Merchant Dr Norman, OK 73069
$184,489 Estimated Value
4,665 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 2016
  • Purchase Price: $333,500
  • Open Loans / Balance: 1 / $182,539
  • APN: R0168294
  • Situs County: Cleveland
  • Length Of Ownership: 12 years, 8 months

Structure

  • Stories: 1
  • Exterior Wall Type: Brick
  • Building Condition: Good
  • Building Quality: C
  • Roof Type: Gable
  • Roof Cover Type: Asphalt

Measurements

  • Total: 4,665/SqFt
  • Lot: 32,670/SqFt
  • Gross: 4,665/SqFt
  • Living: 4,665/SqFt
  • Building: 4,665/SqFt
  • Ground: 4,665/SqFt
  • Price Per Square Foot: $71.49

Legal Description

  • Description: RIEGER 2006 LT 6B BLK 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: 35.225063 / -97.47922
  • Subdivision: Rieger 2006
  • Property Class: Office
  • County Use Code: OFFICEM

Amenities

  • Plus Four: 6575
  • Cooling: Central
  • Heating: Central

Ownership Info

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

Taxes

561 Merchant Dr has 10 associated Taxes items

561 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 $184,489. The APN we've located for 561 Merchant Dr is R0168294.

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Taxes
  • Assessed Value:  $184,489
  • Assessed Year:  2025
  • Assessed County:  Cleveland
  • APN:  R0168294
  • Assessed Land Value:  55620
  • Market Land Value:  490050
  • Tax Amount:  22138
  • Tax Year:  2025
  • Market Value:  1625476
  • Market Year:  2025

Tax History

561 Merchant Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $184,489 Land Value $55,620 Improvement Value $128,869 Tax Amount $22,138 Change Rate +0.051986% Assessed CR Tax Rate +0.119996%
Year 2024 Assessed Value $175,704 Land Value $53,553 Improvement Value $122,151 Tax Amount $21,044 Change Rate +0.047278% Assessed CR Tax Rate +0.11977%
Year 2023 Assessed Value $167,337 Land Value $44,155 Improvement Value $123,182 Tax Amount $20,094 Change Rate +0.094862% Assessed CR Tax Rate +0.120081%
Year 2022 Assessed Value $159,369 Land Value $62,726 Improvement Value $96,643 Tax Amount $18,353 Change Rate -0.051427% Assessed CR Tax Rate +0.11516%
Year 2021 Assessed Value $159,369 Land Value $62,726 Improvement Value $96,643 Tax Amount $19,348 Change Rate +0.263584% Assessed CR Tax Rate +0.121404%
Year 2020 Assessed Value $128,893 Land Value $62,726 Improvement Value $66,167 Tax Amount $15,312 Change Rate -0.016823% Assessed CR Tax Rate +0.118796%
Year 2019 Assessed Value $128,893 Land Value $62,726 Improvement Value $66,167 Tax Amount $15,574 Change Rate +0.031118% Assessed CR Tax Rate +0.120829%
Year 2018 Assessed Value $128,893 Land Value $62,726 Improvement Value $66,167 Tax Amount $15,104 Change Rate -0.011001% Assessed CR Tax Rate +0.117182%
Year 2017 Assessed Value $128,893 Land Value Improvement Value Tax Amount $15,272 Change Rate +5.471186% Assessed CR Tax Rate +0.118486%
Year 2016 Assessed Value $19,602 Land Value $19,602 Improvement Value Tax Amount $2,360 Change Rate Assessed CR Tax Rate +0.120396%
Year 2015 Assessed Value $19,602 Land Value $19,602 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $19,602 Land Value $19,602 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate