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Property profile & analytics
OFF-MARKET
Medical Office Space
223 Blue Starr Dr Claremore, OK 74017-4227
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US69-0063050
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1993
Total area
3,156 SF
Lot
0.32 ac (14,006 SF)
APN
8550
UPID
US69-0063050
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
-
Rehabilitaiton Services Department State Government Office
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
Choat Properties LLC · 3 yrs held
Choat Properties LLC
since 2023
Last sale
$400,000
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 Claremore submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Claremore 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
$5,784
Tax year 2023
Assessed value
$63,148
Assessed 2023
Previous assessed
$60,141
+5.0% YoY
Effective rate
9.16%
On assessed value
Assessed land
$14,118
Assessed improvement
$49,030
Land market value
$128,349
Improvement market value
$449,705
Total market value
$578,054
Applied tax rate
17.0000
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
1993
Heating
GAS
Cooling
AC.PACKAGE
Stories
1
Total area
3,156 SF
Lot
0.32 ac (14,006 SF)
APN
8550
UPID
US69-0063050
Jurisdiction
ROGERS
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
Heating
GAS
Cooling
Yes
Stories
1
Lot
0.32 ac
Current owner
From public records · entity-resolved
Choat Properties LLC
Entity
Mailing address
223 W BLUE STARR DR, CLAREMORE, OK 74017-4227
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 31, 2023
—
Choat Properties LLC
Community Home Health INC
Quit Claim Deed
related
$248,573 · Armstrong Bank
Jan 24, 2018
—
Choat Properties LLC
Choat Properties LLC
Quit Claim Deed
—
Nov 21, 2016
—
Choat Properties LLC
—
Deed
related
$184,437 · Grand Bk
Oct 14, 2016
—
Choat Properties LLC
Choat,chad & Misty
Quit Claim Deed
related
—
Dec 28, 2009
—
Chad L Choat
Pease,paula J
Grant Deed
related
—
Apr 15, 2009
—
Paula J Pease
Pease,mark R
Quit Claim Deed
related
—
Apr 1, 2005
$400,000
Janan Pease
Mcdonald,r Hilton
Warranty Deed
—
Feb 22, 2005
—
Mcdonald R H
—
Trustees Deed
related
$90,844 · Rcb Bank Owasso
—
—
Mark R Pease
—
Deed Of Trust
related
$619,172 · Bank Of Commerce
—
—
Mark R Pease
—
Deed Of Trust
related
$94,294 · Bank Of Commerce
—
—
Chad L Choat
—
Deed Of Trust
related
$229,222 · Bank Of Commerce
—
—
Chad L Choat
—
Deed Of Trust
related
$223,000 · Grand Bank For Savings Fsb
—
—
Choat Properties LLC
—
Deed Of Trust
related
$184,437 · Grand 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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