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Property profile & analytics
OFF-MARKET
Estimated value
$8,960,000
Assisted living facilities
1501 8th St Noble, OK 73068-9397
Entity Owned
4-yr Hold
Free & Clear
Property ID
US69-0488465
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1993
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
42,756 SF
Lot
5.91 ac (257,396 SF)
APN
NB40 8 2W 23041
UPID
US69-0488465
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
-
Noble Health Care Center Nursing Home
-
Debrah A. Morris, SLP Physician
-
Tiffany Barnes Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.80M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.96M
Owner & transaction history
Sanctuary Ltc LLC · 4 yrs held
Sanctuary Ltc LLC
since 2021
Last sale
$9.3M
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 Noble submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Noble 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
$8,515,000
ML approach
$8,800,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$8.96M
Range $8.06M – $9.86M · ±10% · vs last sale $9.26M (Sep 30 2021)
Last sale anchor
$9.26M
Sep 30 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
$210 / 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
$61,503
Tax year 2023
Assessed value
$515,328
Assessed 2023
Previous assessed
$515,328
+0.0% YoY
Effective rate
11.93%
On assessed value
Assessed land
$154,440
Assessed improvement
$360,888
Land market value
$1,287,000
Improvement market value
$3,007,400
Total market value
$4,294,400
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1993
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
110
Total area
42,756 SF
Lot
5.91 ac (257,396 SF)
APN
NB40 8 2W 23041
UPID
US69-0488465
Jurisdiction
CLEVELAND
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
1993
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
110
Lot
5.91 ac
Current owner
From public records · entity-resolved
Sanctuary Ltc LLC
Entity
Free & Clear · 4 yrs held
Mailing address
1500 WATERS RDG DR STE #200, LEWISVILLE, TX 75057-6056
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 30, 2021
$9,262,000
Sanctuary Ltc LLC
Nhcc Opco LLC
Special Warranty Deed
—
Sep 30, 2021
—
Pf Nhcc Snf Ops LLC
Sanctuary Ltc LLC
Lease
—
Jul 29, 2019
—
Noble Health Care LLC
—
Deed
related
$3,123,360 · First United Bk
Nov 21, 2018
—
Noble Health Care LLC
—
Deed
related
$3,254,912 · First United Bk
Sep 5, 2018
—
Noble Health Care LLC
—
Deed
related
$3,308,972 · First United Bk
—
—
Noble Health Care LLC
—
Loan Modification
related
$3,254,912 · First United Bk
—
—
Noble Health Care LLC
—
Loan Modification
related
$3,123,360 · First United Bk
—
—
Noble Health Care LLC
—
Loan Modification
related
$3,308,972 · First United 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.
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