Back to Search
Property profile & analytics
FOR SALE
Medical Office Space
230 N Midwest Blvd Midwest City, OK 73110
Trust Owned
8-yr Hold
~
Est. High Equity
Property ID
US69-2354749
For Sale
1 / 3
$1,495,000
230 N Midwest Blvd, Midwest City, OK 73110
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1995
Construction
BRICK
Total area
18,238 SF
Lot
1.45 ac (63,162 SF)
APN
15-650-8120
UPID
US69-2354749
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.97M
Comparable Approach
Comparable
$4.61M
Blend (final)
Blend
$3.65M
Owner & transaction history
Mogster Family Trust · 8 yrs held
Mogster Family Trust
since 2017
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.2M
+82.8%
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 Midwest City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Midwest 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%
$4,295,000
6.5%
$3,965,000
7%
$3,685,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$2,845,000
Current use
RESTAURANT
$5,205,000
Change: +83% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,710,000
Change: -5% · Conversion: Difficult
OFFICE BUILDING
$2,340,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$3.65M
Range $3.29M – $4.02M · ±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
$200 / 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
$48,375
Tax year 2023
Assessed value
$410,969
Assessed 2023
Previous assessed
$410,969
+0.0% YoY
Effective rate
11.77%
On assessed value
Assessed land
$35,714
Assessed improvement
$375,255
Land market value
$324,678
Improvement market value
$3,411,404
Total market value
$3,736,082
Applied tax rate
552.0000
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
For Sale
Year built
1995
Construction
BRICK
Heating
ZONE
Cooling
YES
Stories
2
Units
1
Total area
18,238 SF
Lot
1.45 ac (63,162 SF)
APN
15-650-8120
UPID
US69-2354749
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
MEDICAL BUILDING Current
Est. value
$2.8M
RESTAURANT
Est. value
$5.2M
AUTO REPAIR, GARAGE
Est. value
$2.7M
OFFICE BUILDING
Est. value
$2.3M
MEDICAL BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
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
1995
Construction
BRICK
Heating
ZONE
Cooling
Yes
Stories
2
Units
1
Lot
1.45 ac
Current owner
From public records · entity-resolved
Mogster Family Trust
Trust
Mailing address
3834 BISTA BLANCA, SAN CLEMENTE, CA 92672
Ownership since
2017
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
Oct 18, 2019
—
Garry Ole Mogster
—
Deed
related
$1,815,000 · First Fidelity Bank
Nov 20, 2017
$4,975,000
Mogster Family Trust
Midwest Oncology Re LLC
Grant Deed
$2,600,000 · First Internet Bk/in
—
—
Midwest City Medical LLC
—
Deed Of Trust
related
$2,400,000 · American Equity Inv Life Ins
—
—
Midwest City Oncology Centre
—
Deed Of Trust
related
$200,000 · Local Oklahoma Bank NA
—
—
Midwest City Medical LLC
—
Deed Of Trust
related
$125,000 · Summit Bank
—
—
Midwest City Medical LLC
—
Deed Of Trust
related
$2,280,000 · First National Bank
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?”
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.
