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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1213 122nd St Oklahoma City, OK 73114-7000

    • Assisted living facilities
    • 10.36 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US69-1123708
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • John H. Johnson Senior Assisted Living Apartments / Assisted Living Facility / Retirement Community

    Property Details for 1213 122nd St

    Year built
    2018
    Lot size
    10.36 lot acres
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    13-438-4010
    APU
    134384010

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Oklahoma City
    County
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.5336
    Latitude
    35.5955
    CBSA code
    36420
    CBSA name
    OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $0.00
    $0.00
    $0.00
    $0.00
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $3,840,000
      50,648 SF

      1400 115th St

      HOMES (RETIRED, NURSING) • 50,648 SF
      1400 115th St, Oklahoma City, OK 73114-8034
      View Details
    • Value Estimation
      $3,225,000
      44,419 SF

      10100 Broadway Ext

      HOMES (RETIRED, NURSING) • 44,419 SF
      10100 Broadway Ext, Oklahoma City, OK 73114-6300
      View Details
    • Value Estimation by Request
      48,103 SF

      1400 122nd St

      HOMES (RETIRED, NURSING) • 48,103 SF
      1400 122nd St, Oklahoma City, OK 73114-8027
      View Details
    • Value Estimation by Request
      3.67 Acres

      721 Britton Rd

      MEDICAL BUILDING • 3.67 Acres
      721 Britton Rd, Oklahoma City, OK 73114-2909
      View Details
    • Value Estimation by Request
      7,170 SF

      8900 Western Ave

      MEDICAL BUILDING • 7,170 SF
      8900 Western Ave, Oklahoma City, OK 73114-2518
      View Details
    • Value Estimation
      $510,000
      4,225 SF

      948 Hefner Rd

      MEDICAL BUILDING • 4,225 SF
      948 Hefner Rd, Oklahoma City, OK 73114-6927
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Oklahoma City Commercial Land

      32,539 SF Commercial Lot, C1 Zoning
      1409 122Nd St, Oklahoma City, OK 73114
      View Details
    • Contact for pricing
      96,422 SF

      St. Anthony North Healthplex

      Medical office building with laboratory and diagnostic imaging services on-site.
      13401 N Western Ave, Oklahoma City, OK 73114
      View Details
    • Contact for pricing
      Pending

      Residential Lot in Oklahoma City

      Build-ready lot with utilities in a growing Oklahoma City neighborhood.
      916 NW 95Th St, Oklahoma City, OK 73114
      View Details
    • $2,200,000
      17,568 SF

      29-Unit Apartment Building For Sale

      29-unit apartment building near Nichols Hills and Britton District.
      1441 NW 92Nd St, Oklahoma City, OK 73114
      View Details
    • $382,333
      32,539 SF

      Commercial Land on NW 122nd

      32,539 SF commercial land with frontage on NW 122nd.
      1409-1417 NW 122Nd St, Oklahoma City, OK 73114
      View Details
    • $2,595,000
      5,442 SF

      Restaurant Property in High-Traffic Area

      Restaurant property for sale in a vibrant retail corridor.
      2610 W Memorial Rd, Oklahoma City, OK 73114
      View Details

    Similar Nearby for Lease

    • $10 SF/Yr
      12,652 SF

      Oklahoma City Retail Property Investment

      Two buildings, 12,652 SF, sale or lease.
      9218 & 9224 N. Western Avenue, Oklahoma City, OK 73114
      View Details
    • Contact for pricing
      2,837 SF

      Retail Space in Shopping Center

      Outdoor shopping center with diverse retailers and ample parking.
      2300 W Memorial Rd, Oklahoma City, OK 73114
      View Details
    • Contact for pricing
      12,000 SF

      Commercial Land For Lease

      Commercial land available for lease on the MIDCON campus.
      13431 Broadway Ext, Oklahoma City, OK 73114
      View Details
    • $12 SF/Yr
      5,000 SF

      5,000 SF Warehouse Available

      5,000 SF warehouse with I-2 zoning for lease.
      13600 Railway Dr, Oklahoma City, OK 73114
      View Details
    • $3,950 /Mo
      2,824 SF

      Industrial Space with Drive-Thru Doors

      2,824 SF industrial space featuring drive-thru doors and fenced yard.
      136 NW 122Nd St, Oklahoma City, OK 73114
      View Details
    • $10 SF/Yr
      28,298 SF

      28,298 SF Warehouse Available

      28,298 SF warehouse for lease at $10.00/SF.
      13241 Broadway Ext, Oklahoma City, OK 73114
      View Details
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    1213 122nd St
    Oklahoma City, OK 73114-7000
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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