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Property profile & analytics
OFF-MARKET
Estimated value
$545,000
Medical Office Space
12140 Waco Ave, Glenpool, OK 74033-5660
Entity Owned
6-yr Hold
Free & Clear
Property ID
US69-0867111
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2012
Construction
WOOD FRAME
Total area
3,500 SF
Lot
0.58 ac (25,395 SF)
Zoning code
CG
APN
85365-72-03-66340
UPID
US69-0867111
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
-
Insight Eyecare Glenpool Eye Doctor Physician
-
Kristin Patrick Physician
-
Peyton Porter Physician
-
Kyle Nicholas Tate Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$625k
Comparable Approach
Comparable
$343k
Blend (final)
Blend
$545k
Owner & transaction history
Insight Eyecare Prop Jenks LLC · 6 yrs held
Insight Eyecare Prop Jenks LLC
since 2019
7 recorded transactions
Zoning & alternative use
CG · Glenpool, OK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Glenpool submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Glenpool 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$680,000
6.5%
$625,000
7%
$580,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$645,000
Current use
AUTO REPAIR, GARAGE
$615,000
Change: -5% · Conversion: Difficult
COMMERCIAL (GENERAL)
$535,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$545k
Range $491k – $600k · ±10%
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
$156 / 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
$12,934
Tax year 2023
Assessed value
$110,715
Assessed 2023
Previous assessed
$110,715
+0.0% YoY
Effective rate
11.68%
On assessed value
Assessed land
$44,715
Assessed improvement
$66,000
Land market value
$406,500
Improvement market value
$600,000
Total market value
$1,006,500
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
2012
Construction
WOOD FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
3,500 SF
Lot
0.58 ac (25,395 SF)
Zoning code
CG
APN
85365-72-03-66340
UPID
US69-0867111
Jurisdiction
TULSA
Zoning & alternative use
CG · Glenpool, OK
Zoning CG · permitted uses
CG · Glenpool, OK
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Glenpool. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$645,000
AUTO REPAIR, GARAGE
Est. value
$615,000
COMMERCIAL (GENERAL)
Est. value
$535,000
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
2012
Construction
WOOD FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.58 ac
Current owner
From public records · entity-resolved
Insight Eyecare Prop Jenks LLC
Entity
Free & Clear · 6 yrs held
Mailing address
12140 S WACO AVE, GLENPOOL, OK 74033-5660
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 4, 2024
—
Insight Holdings LLC
—
Deed
related
$610,000 · First Oklahoma Bank
Oct 3, 2019
$780,000
Insight Eyecare Prop Jenks LLC
Ponville Investments LLC
Warranty Deed
—
Jun 13, 2019
—
Insight Holdings LLC
—
Deed
related
$735,000 · First Oklahoma Bk
Feb 19, 2019
—
Insight Holdings LLC
—
Deed
related
$525,000 · First Oklahoma Bank
Jun 5, 2012
—
Insight Holdings LLC
—
Trustees Deed
related
$892,500 · First Oklahoma Bk
—
—
Insight Holdings LLC
—
Loan Modification
related
$892,500 · First Oklahoma Bk
—
—
Insight Holdings LLC
—
Loan Modification
related
$735,000 · First Oklahoma Bk
—
—
Glenn Crest LLC
—
Loan Modification
related
$234,394 · Citizens Bk/ok
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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