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Property profile & analytics
OFF-MARKET
Estimated value
$4,410,000
Medical Office Space
13321 Meridian Ave Oklahoma City, OK 73120-8356
Individually Owned
20-yr Hold
~
Est. High Equity
Property ID
US69-2364412
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1984
Construction
CONCRETE
Total area
47,984 SF
Lot
2.43 ac (105,851 SF)
APN
14-074-1090
UPID
US69-2364412
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
-
Mercy Health Foundation Oklahoma City Charitable Organization Social Service Agency
-
Affiliated Anesthesiologists Physician
-
Totoro James A MD Physician
-
All is Well Pediatrics, PLLC Pediatrician Medical Clinic
-
Parker Garlanda L MD Pediatrician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.02M
Blend (final)
Blend
$4.41M
Owner & transaction history
Retirement Crs1 Oklahoma C Cnl · 20 yrs held
Retirement Crs1 Oklahoma C Cnl
since 2005
3 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 Oklahoma City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oklahoma City 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$7,135,000
Change: -5% · Conversion: Difficult
COMMERCIAL (GENERAL)
$6,620,000
Change: -12% · Conversion: Easy
OFFICE BUILDING
$6,155,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$4.41M
Range $3.97M – $4.85M · ±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
$92 / 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
$24,372
Tax year 2023
Assessed value
$204,774
Assessed 2023
Previous assessed
$195,022
+5.0% YoY
Effective rate
11.90%
On assessed value
Assessed land
$15,742
Assessed improvement
$189,032
Land market value
$423,400
Improvement market value
$5,084,091
Total market value
$5,507,491
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1984
Construction
CONCRETE
Heating
ZONE
Cooling
YES
Stories
4
Units
22
Total area
47,984 SF
Lot
2.43 ac (105,851 SF)
APN
14-074-1090
UPID
US69-2364412
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
AUTO REPAIR, GARAGE
Est. value
$7.1M
COMMERCIAL (GENERAL)
Est. value
$6.6M
OFFICE BUILDING
Est. value
$6.2M
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
1984
Construction
CONCRETE
Heating
ZONE
Cooling
Yes
Stories
4
Units
22
Lot
2.43 ac
Current owner
From public records · entity-resolved
Retirement Crs1 Oklahoma C Cnl
Individual
Mailing address
800 W MADISON ST STE #400, CHICAGO, IL 60607-2481
Ownership since
2005
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
Apr 6, 2020
—
Oklahoma 13321 Medical Properties L
—
Deed
related
$175,000,000 · Capital One NA
Sep 30, 2005
$10,700,000
Retirement Crs1 Oklahoma C Cnl
Okc Meridian Partners
Grant Deed
—
Nov 12, 1998
$3,800,000
Charles W Ballenger
Chi Oak Real Estate Partnersii
Grant Deed
$3,040,000 · Guaranty Bank & Trust Co
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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