Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$775,000
Day care centers
1440 50th St Oklahoma City, OK 73111-6604
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US69-1106283
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
2013
Construction
WOOD FRAME
Total area
6,372 SF
Lot
0.8 ac (34,848 SF)
APN
13-318-0450
UPID
US69-1106283
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
-
Demarcus Porta Potty Rental Oklahoma City Building Supply
-
We Are The Village Daycare Center
-
Demarcus Portable Toilet Rental Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$710k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$785k
Blend (final)
Blend
$775k
Owner & transaction history
Forshee Holding LLC · 1 yrs held
Forshee Holding LLC
since 2025
Last sale
$864,000
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$995,000
+50.1%
Auto repair, garage
$945,000
+43.0%
Commercial (general)
$900,000
+36.0%
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
$645,000
ML approach
$710,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
$665,000
Current use
MEDICAL BUILDING
$995,000
Change: +50% · Conversion: Difficult
AUTO REPAIR, GARAGE
$945,000
Change: +43% · Conversion: Difficult
COMMERCIAL (GENERAL)
$900,000
Change: +36% · Conversion: Difficult
OFFICE BUILDING
$820,000
Change: +23% · Conversion: Difficult
RETAIL STORES
$785,000
Change: +19% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$720,000
Change: +9% · Conversion: Difficult
Blend value · Realmo final
$775k
Range $698k – $853k · ±10% · vs last sale $864k (Feb 21 2025)
Last sale anchor
$864k
Feb 21 2025
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
$122 / 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
$10,434
Tax year 2023
Assessed value
$77,564
Assessed 2023
Previous assessed
$77,564
+0.0% YoY
Effective rate
13.45%
On assessed value
Assessed land
$7,666
Assessed improvement
$69,898
Land market value
$69,696
Improvement market value
$635,433
Total market value
$705,129
Applied tax rate
237.0000
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
2013
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Total area
6,372 SF
Lot
0.8 ac (34,848 SF)
APN
13-318-0450
UPID
US69-1106283
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
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
Est. value
$665,000
MEDICAL BUILDING
Est. value
$995,000
AUTO REPAIR, GARAGE
Est. value
$945,000
COMMERCIAL (GENERAL)
Est. value
$900,000
OFFICE BUILDING
Est. value
$820,000
RETAIL STORES
Est. value
$785,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$720,000
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
OFFICE BUILDING
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
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
2013
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.8 ac
Current owner
From public records · entity-resolved
Forshee Holding LLC
Entity
Mailing address
8501 S WALKER AVE, OKLAHOMA CITY, OK 73139-9445
Ownership since
2025
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
Feb 21, 2025
$864,000
Forshee Holding LLC
Rjrk LLC
Warranty Deed
$765,000 · First Security Bank & Trust Co
May 24, 2019
—
Rjrk LLC
—
Deed
related
—
Mar 20, 2013
$64,000
Rjrk LLC
Ron Walters Homes LLC
Warranty Deed
$539,200 · Frontier State Bank
Dec 16, 2011
$35,000
Ron Walters Homes LLC
Gahl,shemeka S & Edward T
Warranty Deed
$25,000 · Frontier State Bank
Jul 19, 2010
$25,000
Shemeka S Gahl
Factory,fred N & Cheryl A
Warranty Deed
—
—
—
Rjrk LLC
—
Loan Modification
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1440 50th St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
