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Property profile & analytics
OFF-MARKET
Estimated value
$975,000
Medical Office Space
610 Byp Bypass, Drumright, OK 74030-5957
Entity Owned
5-yr Hold
Free & Clear
Property ID
US69-1072006
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2010
Total area
5,690 SF
Lot
10.53 ac (458,774 SF)
APN
9999-31-018-007-0-430-01
UPID
US69-1072006
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
$1.00M
Comparable Approach
Comparable
$948k
Blend (final)
Blend
$975k
Owner & transaction history
Hospital Assets LLC · 5 yrs held
Hospital Assets LLC
since 2021
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.1M
+75.2%
Commercial (general)
$755,000
+23.6%
Restaurant
$670,000
+9.3%
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 Drumright submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Drumright 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%
$1,085,000
6.5%
$1,000,000
7%
$930,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$610,000
Current use
OFFICE BUILDING
$1,070,000
Change: +75% · Conversion: Easy
COMMERCIAL (GENERAL)
$755,000
Change: +24% · Conversion: Easy
RESTAURANT
$670,000
Change: +9% · Conversion: Difficult
AUTO REPAIR, GARAGE
$635,000
Change: +4% · Conversion: Difficult
Blend value · Realmo final
$975k
Range $878k – $1.07M · ±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
$171 / 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
$90,126
Tax year 2023
Assessed value
$827,152
Assessed 2023
Previous assessed
$827,152
+0.0% YoY
Effective rate
10.90%
On assessed value
Assessed land
$54,257
Assessed improvement
$772,895
Land market value
$452,143
Improvement market value
$6,440,793
Total market value
$6,892,936
Applied tax rate
24.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2010
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Total area
5,690 SF
Lot
10.53 ac (458,774 SF)
APN
9999-31-018-007-0-430-01
UPID
US69-1072006
Jurisdiction
CREEK
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
$610,000
OFFICE BUILDING
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$755,000
RESTAURANT
Est. value
$670,000
AUTO REPAIR, GARAGE
Est. value
$635,000
MEDICAL BUILDING Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
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
2010
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
10.53 ac
Current owner
From public records · entity-resolved
Hospital Assets LLC
Entity
Free & Clear · 5 yrs held
Mailing address
PO BOX 31, DRUMRIGHT, OK 74030-0031
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 1, 2021
—
Hospital Assets LLC
Drumright Memorial Hospital Fndn In
Correction Deed
related
—
Apr 15, 2020
—
Hospital Assets LLC
—
Deed
related
$7,500,000 · Stone Bk
Feb 28, 2020
—
Cah Acquisition 4 INC
—
Deed
related
$1,500,000 · First Liberty Bk
Dec 2, 2019
—
Cah Acquisition 4 INC
—
Deed Of Trust
related
$750,000 · First Liberty Bk
Apr 30, 2014
—
Cah Acquisition Co 4 INC
Cah Acquisition Co 4 INC
Quit Claim Deed
related
—
Nov 9, 2009
—
Drumright Memorial Hospital Fo
Cah Acquisition Co 4 INC
Quit Claim Deed
related
—
Mar 31, 2009
$1,100,000
Cah Acquisition Co 4 INC
Drumright Municipal Healthcare
Warranty Deed
—
—
—
Drumright Municipal Healthcare
—
Deed Of Trust
related
$250,000 · Cah Acquisition Co #4 INC
—
—
Hospital Assets LLC
—
Deed Of Trust
related
$7,500,000 · Stone Bk
—
—
Cah Acquisition 4 INC
—
Loan Modification
related
$1,500,000 · First Liberty 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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