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Property profile & analytics
OFF-MARKET
Estimated value
$670,000
Assisted living facilities
2651 Elkton Trl Tyler, TX 75703-0585
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US82-6312383
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2011
Total area
25,673 SF
Lot
2.5 ac (108,900 SF)
APN
1-50000-1660-01-038000
UPID
US82-6312383
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
-
Oak Hills Terrace Memory Care Nursing Home Retirement Community
-
Sundancepmc Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$715k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$631k
Blend (final)
Blend
$670k
Owner & transaction history
Fm Oak Hills Tyler Invtrs LLC · 8 yrs held
Fm Oak Hills Tyler Invtrs LLC
since 2017
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$600,000
+12.1%
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 Tyler submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tyler 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
$715,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
$535,000
Current use
INDUSTRIAL (GENERAL)
$600,000
Change: +12% · Conversion: Difficult
Blend value · Realmo final
$670k
Range $603k – $737k · ±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
$26 / 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
$46,194
Tax year 2023
Assessed value
$2,650,000
Assessed 2023
Previous assessed
$2,650,000
+0.0% YoY
Effective rate
1.74%
On assessed value
Assessed land
$762,300
Assessed improvement
$1,887,700
Land market value
$762,300
Improvement market value
$1,887,700
Total market value
$2,650,000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
2011
Heating
NONE
Total area
25,673 SF
Lot
2.5 ac (108,900 SF)
APN
1-50000-1660-01-038000
UPID
US82-6312383
Jurisdiction
SMITH
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
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Est. value
$535,000
INDUSTRIAL (GENERAL)
Est. value
$600,000
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
INDUSTRIAL (GENERAL)
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
2011
Heating
NONE
Lot
2.5 ac
Current owner
From public records · entity-resolved
Fm Oak Hills Tyler Invtrs LLC
Entity
Mailing address
7420 SW BRIDGEPORT RD STE #105, PORTLAND, OR 97224-7790
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 20, 2022
—
Fm Oak Hills Tyler Investors LLC
—
Deed
related
$7,350,000 · Loust Point Senior Mortgage Reit LLC
Nov 16, 2018
—
Fm Oak Hills Tyler Invtrs LLC
—
Deed
related
$6,900,000 · M&t Realty Cap Corp
Sep 5, 2017
—
Fm Oak Hills Tyler Invtrs LLC
Wible Investors II LLC
Warranty Deed
$8,275,000 · Locust Pt Private Credit Fund
Oct 31, 2016
—
Porter,fred & Kathleen Trust
Porter,fred W II & Kathleen A
Quit Claim Deed
related
—
Sep 3, 2014
—
Wible Investors II LLC
Huntington Creek Capital V LLC
Grant Deed
related
—
Apr 29, 2011
—
Huntington Creek Capital V LLC
Davis Thornton Ltd
Warranty Deed
related
$2,519,800 · Prosperity Bk Br 186
—
—
Fm Oak Hills Tyler Invtrs LLC
—
Deed Of Trust
related
$6,900,000 · M&t Realty Cap Corp
—
—
Fm Oak Hills Tyler Invtrs LLC
—
Deed Of Trust
related
$1,900,000 · Locust Pt Pvt Credit Fund LP
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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