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Property profile & analytics
OFF-MARKET
Estimated value
$1,150,000
Medical Office Space
1004 Medical Park Blvd Edmond, OK 73013-3025
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US69-0399548
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2002
Construction
WOOD FRAME
Total area
5,737 SF
Lot
0.6 ac (26,136 SF)
APN
12-898-1110
UPID
US69-0399548
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
-
Lawrence Holmgren Dental Office
-
Jeremy Edwards Dental Office
-
Oklahoma Dental Implants & Oral Surgery Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.26M
CAP Approach
CAP
$915k
Comparable Approach
Comparable
$858k
Blend (final)
Blend
$1.15M
Owner & transaction history
H&h Land Holdings LLC · 4 yrs held
H&h Land Holdings LLC
since 2022
Last sale
$1.2M
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.6M
+42.5%
Neighborhood: shopping center
$1.4M
+28.4%
Retail stores
$1.2M
+5.1%
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 Edmond submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Edmond 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
$1,280,000
ML approach
$1,255,000
CAP Approach
CAP Return
Estimation
6%
$990,000
6.5%
$915,000
7%
$850,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,095,000
Current use
RESTAURANT
$1,560,000
Change: +43% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,405,000
Change: +28% · Conversion: Difficult
RETAIL STORES
$1,150,000
Change: +5% · Conversion: Difficult
COMMERCIAL (GENERAL)
$945,000
Change: -13% · Conversion: Easy
AUTO REPAIR, GARAGE
$905,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$1.15M
Range $1.04M – $1.27M · ±10% · vs last sale $1.15M (Jan 7 2022)
Last sale anchor
$1.15M
Jan 7 2022
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
$200 / 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
$9,176
Tax year 2023
Assessed value
$88,023
Assessed 2023
Previous assessed
$83,832
+5.0% YoY
Effective rate
10.42%
On assessed value
Assessed land
$10,883
Assessed improvement
$77,140
Land market value
$117,464
Improvement market value
$832,583
Total market value
$950,047
Applied tax rate
512.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2002
Construction
WOOD FRAME
Heating
HEAT PUMP
Cooling
YES
Stories
1
Units
1
Total area
5,737 SF
Lot
0.6 ac (26,136 SF)
APN
12-898-1110
UPID
US69-0399548
Jurisdiction
OKLAHOMA
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
MEDICAL BUILDING Current
Est. value
$1.1M
RESTAURANT
Est. value
$1.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.4M
RETAIL STORES
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$945,000
AUTO REPAIR, GARAGE
Est. value
$905,000
MEDICAL BUILDING Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
2002
Construction
WOOD FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Units
1
Lot
0.6 ac
Current owner
From public records · entity-resolved
H&h Land Holdings LLC
Entity
Mailing address
1004 MEDICAL PARK BLVD, EDMOND, OK 73013-3025
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 7, 2022
$1,150,000
H&h Land Holdings LLC
Laho Investments LLC
Warranty Deed
$977,500 · Waterman Bank
Dec 20, 2001
—
Laho Investments LLC
Holmgren,scott & Suzanne E
Quit Claim Deed
related
$800,000 · American Bank & Trust
Jul 20, 1998
$97,500
Scott Holmgren
Edmond Realty Development Co
Grant Deed
—
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.
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