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Property profile & analytics
OFF-MARKET
Estimated value
$12,250,000
Assisted living facilities
1301 178th St Edmond, OK 73012-4258
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US69-0407897
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2006
Construction
WOOD FRAME
Total area
89,022 SF
Lot
18.14 ac (790,178 SF)
APN
18-813-1010
UPID
US69-0407897
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
-
Silver Elm Estates Independent Living in Edmond Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.22M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$12.75M
Blend (final)
Blend
$12.25M
Owner & transaction history
Silver Elm Apartment Enterprises Ll · 4 yrs held
Silver Elm Apartment Enterprises Ll
since 2021
Last sale
$12.3M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$17.8M
+99.2%
Medical building
$17.0M
+89.6%
Commercial (general)
$14.5M
+62.2%
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
$13,625,000
ML approach
$10,215,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
$8,960,000
Current use
RETAIL STORES
$17,845,000
Change: +99% · Conversion: Difficult
MEDICAL BUILDING
$16,985,000
Change: +90% · Conversion: Difficult
COMMERCIAL (GENERAL)
$14,525,000
Change: +62% · Conversion: Difficult
AUTO REPAIR, GARAGE
$14,045,000
Change: +57% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$8,355,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$12.25M
Range $11.03M – $13.48M · ±10% · vs last sale $12.33M (Oct 22 2021)
Last sale anchor
$12.33M
Oct 22 2021
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
$138 / 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
$155,203
Tax year 2023
Assessed value
$1,304,011
Assessed 2023
Previous assessed
$1,355,739
-3.8% YoY
Effective rate
11.90%
On assessed value
Assessed land
$54,759
Assessed improvement
$1,249,252
Land market value
$497,812
Improvement market value
$11,356,835
Total market value
$11,854,647
Applied tax rate
212.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
2006
Construction
WOOD FRAME
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Units
105
Total area
89,022 SF
Lot
18.14 ac (790,178 SF)
APN
18-813-1010
UPID
US69-0407897
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
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Est. value
$9.0M
RETAIL STORES
Est. value
$17.8M
MEDICAL BUILDING
Est. value
$17.0M
COMMERCIAL (GENERAL)
Est. value
$14.5M
AUTO REPAIR, GARAGE
Est. value
$14.0M
INDUSTRIAL (GENERAL)
Est. value
$8.4M
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
RETAIL STORES
MEDICAL BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
INDUSTRIAL (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
2006
Construction
WOOD FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Units
105
Lot
18.14 ac
Current owner
From public records · entity-resolved
Silver Elm Apartment Enterprises Ll
Entity
Mailing address
1301 NW 178TH ST, OKLAHOMA CITY, OK 73102
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 22, 2021
$12,325,000
Silver Elm Apartment Enterprises Ll
Mccasland Edmond Holdings LLC
Special Warranty Deed
—
Aug 5, 2015
$884,000
Wallace,mccasland Trust
Davis,kim T & Nancy S
Warranty Deed
—
Aug 5, 2015
—
Mccasland Edmond Holdings LLC
Mccasland Wallace Trust
Quit Claim Deed
related
—
Jan 26, 2005
$500,000
Edmond Mansions LLC
Highland North Plaza LLC
Grant Deed
$6,500,000 · Edmond Finance Co LLC
—
—
Mccasland Edmond Holdings LLC
—
Deed Of Trust
related
$8,600,000 · Bank Of Ok
—
—
Edmond Mansions LLC
—
Deed Of Trust
related
$5,750,000 · Pnc Bank
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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