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Property profile & analytics
OFF-MARKET
Medical Office Space
1405 12th Ave Stillwater, OK 74074-5425
Entity Owned
7-yr Hold
Free & Clear
Property ID
US69-0809569
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2011
Total area
1,805 SF
Lot
0.75 ac (32,670 SF)
APN
600081308
UPID
US69-0809569
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
-
Advanced Chiropractic & Wellness, PLLC Alternative Medicine Practice Spa & Massage Center
-
Bair Chiropractic Alternative Medicine Practice
-
Advanced Chiropractic & Wellness Alternative Medicine Practice Spa & Massage Center
-
Advanced Chiropractic and Wellness Alternative Medicine Practice
-
Monte Todd Campbell Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Bair Properties LLC · 7 yrs held
Bair Properties LLC
since 2019
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 Stillwater submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stillwater 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,596
Tax year 2023
Assessed value
$45,290
Assessed 2023
Previous assessed
$45,290
+0.0% YoY
Effective rate
10.15%
On assessed value
Assessed land
$4,970
Assessed improvement
$40,320
Land market value
$54,030
Improvement market value
$438,230
Total market value
$492,260
Applied tax rate
16.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
2011
Heating
YES
Cooling
YES
Stories
10
Total area
1,805 SF
Lot
0.75 ac (32,670 SF)
APN
600081308
UPID
US69-0809569
Jurisdiction
PAYNE
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
2011
Heating
YES
Cooling
Yes
Stories
10
Lot
0.75 ac
Current owner
From public records · entity-resolved
Bair Properties LLC
Entity
Free & Clear · 7 yrs held
Mailing address
4314 S COUNTRY CLB RD, STILLWATER, OK 74074-2076
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 22, 2019
—
Bair Properties LLC
Bair,wade E & Holly B
Quit Claim Deed
related
—
Oct 5, 2018
—
Elliott Bair
—
Deed
related
$300,000 · Simmons Bk
Apr 6, 2016
$38,000
Future Corp One LLC
Bair,wade E & Holly B
Warranty Deed
—
Mar 29, 2016
—
Wade E Bair
Bair,wade E & Holly B
Quit Claim Deed
related
—
Feb 4, 2016
—
Bair Properties LLC
Bair,wade E & Holly B
Quit Claim Deed
related
—
May 11, 2011
$71,000
Wade E Bair
C-star Construction Svcs LLC
Warranty Deed
related
$255,000 · Stillwater Nat'l Bank & Trust
—
—
Elliott Bair
—
Deed Of Trust
related
$300,000 · Simmons Bk
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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