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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Commercial land
12951 Waterloo Rd Edmond, OK 73025
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US69-0565773
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
2005
Total area
9,000 SF
Lot
68.68 ac (2,991,701 SF)
APN
420014643
UPID
US69-0565773
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
-
Rancho Diamante Hotel & Motel Resort
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$560k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$581k
Blend (final)
Blend
$510k
Owner & transaction history
Red River Homes LLC · 2 yrs held
Red River Homes LLC
since 2023
Last sale
$450,000
7 recorded transactions
Zoning & alternative use
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 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
$495,000
ML approach
$560,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$510k
Range $459k – $561k · ±10% · vs last sale $450k (Dec 7 2023)
Last sale anchor
$450k
Dec 7 2023
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
$57 / 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
$263
Tax year 2023
Assessed value
$2,270
Assessed 2023
Previous assessed
$2,270
+0.0% YoY
Effective rate
11.59%
On assessed value
Assessed land
$2,270
Land market value
$93,575
Total market value
$93,575
Applied tax rate
52.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
2005
Heating
FORCED AIR
Stories
1
Total area
9,000 SF
Lot
68.68 ac (2,991,701 SF)
APN
420014643
UPID
US69-0565773
Jurisdiction
LOGAN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2005
Heating
FORCED AIR
Stories
1
Lot
68.68 ac
Current owner
From public records · entity-resolved
Red River Homes LLC
Entity
Mailing address
11575 S WESTERN AVE, OKLAHOMA CITY, OK 73170-5821
Ownership since
2023
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
Dec 7, 2023
—
Red River Homes LLC
West Waterloo Ok LLC
Quit Claim Deed
related
$3,000,000 · First Security Bank & Trust Co
May 6, 2021
$450,000
Marcelo Olvera
Emilee Shumny
Warranty Deed
—
Apr 27, 2021
$598,000
Octo Investments LLC
Emilee Shumny
Warranty Deed
$450,000 · Bancfirst
Mar 26, 2018
$1,500
Pbes 18-007 LLC
Sikes,thomas A
Grant Deed
related
—
May 11, 2016
—
Timothy Lowery
Welch Robert & Barbara Trust
Warranty Deed
related
—
Nov 9, 2012
—
Timothy Lowery
Welch Robert & Barbara Trust
Warranty Deed
related
—
Oct 31, 2012
—
Timothy Lowery
Welch Robert & Barbara Trust
Warranty Deed
$75,000 · Welch Robert L & B A Tr (pt)
Sep 3, 2010
—
Welch,robert & Barbara Trust
Welch,robert L & Barbara A
Quit Claim Deed
related
—
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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