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    Property profile & analytics

    304 Park Ln Altus, OK 73521-5718

    • Medical offices
    • 11,499 SF
    • 1.67 lot acres
    OFF-MARKET
    Value Estimation
    $395,000
    Location Intelligence
    Property ID
    US69-1412730
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Altus Surgical & Urology Associates / Doctor
    • Dawod Abdallah MD / Family Practice Physician / Emergency Care Physician
    • J Duncan Orthopedics / Orthopedic Surgeon
    • Pickett Greg DO / Orthopedic Surgeon
    • Dr. John C. Glasgow, MD / Surgeon

    Property Details for 304 Park Ln

    Year built
    2000
    Lot size
    1.67 lot acres
    Property size
    11,499 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    0022-21-002-020-0-058-00
    APU
    2221002020005800

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $385,000

    • CAP approach

      CAP return
      Estimation
      6%
      $470,000
      6.5%
      $455,000
      7%
      $465,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $390,000
      Geo Method
      $425,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $415,000
      Retail
      $415,000
      Mixed-Use
      $450,000
      Hospitality
      $380,000
      Educational
      $455,000
      Residential Income
      $375,000
      Energy
      $440,000
      Income-Based Land
      $395,000
      Food Service
      $415,000

    Location Insight

    • Map
    • Local Demand
    City
    Altus
    County
    Jackson
    State
    Oklahoma
    Longitude
    -99.3161
    Latitude
    34.6352
    CBSA code
    11060
    CBSA name
    ALTUS, OK MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $9,377
    $16,577
    $93,426
    $110,003
    -
    $138,145
    $778,549
    $916,694

    Comparable in this City

    • Value Estimation by Request
      3,023 SF

      110 Simpson St

      MEDICAL BUILDING • 3,023 SF
      110 Simpson St, Altus, OK 73521-2002
      View Details
    • Value Estimation by Request
      11,168 SF

      1015 Broadway St

      MEDICAL BUILDING • 11,168 SF
      1015 Broadway St, Altus, OK 73521-5505
      View Details
    • Value Estimation by Request
      3,683 SF

      416 Main St

      MEDICAL BUILDING • 3,683 SF
      416 Main St, Altus, OK 73521-3108
      View Details
    • Value Estimation by Request
      1,000 SF

      112 Julian St

      MEDICAL BUILDING • 1,000 SF
      112 Julian St, Altus, OK 73521-3950
      View Details
    • Value Estimation by Request
      1,148 SF

      1141 Pecan St

      MEDICAL BUILDING • 1,148 SF
      1141 Pecan St, Altus, OK 73521-6113
      View Details
    • Value Estimation
      $270,000
      3,840 SF

      112 Val Verde St

      MEDICAL BUILDING • 3,840 SF
      112 Val Verde St, Altus, OK 73521-1190
      View Details

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    • Contact for pricing
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    304 Park Ln
    Altus, OK 73521-5718
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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