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Property profile & analytics
OFF-MARKET
Estimated value
$2,830,000
Assisted living facilities
701 Council Rd Oklahoma City, OK 73127-4980
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US69-0029593
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2010
Construction
FRAME
Total area
37,313 SF
Lot
14.51 ac (632,230 SF)
APN
14-797-1045
UPID
US69-0029593
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
-
Sand Sage of West Plains Senior Living Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.36M
Blend (final)
Blend
$2.83M
Owner & transaction history
Re II Senior LLC · 7 yrs held
Re II Senior LLC
since 2018
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$4.6M
+17.8%
Neighborhood: shopping center
$4.2M
+8.2%
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 Oklahoma City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oklahoma 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
$3,910,000
Current use
RETAIL STORES
$4,605,000
Change: +18% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$4,230,000
Change: +8% · Conversion: Difficult
Blend value · Realmo final
$2.83M
Range $2.55M – $3.11M · ±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
$76 / 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
$59,064
Tax year 2023
Assessed value
$506,162
Assessed 2023
Previous assessed
$506,162
+0.0% YoY
Effective rate
11.67%
On assessed value
Assessed land
$85,542
Assessed improvement
$420,620
Land market value
$777,661
Improvement market value
$3,823,814
Total market value
$4,601,475
Applied tax rate
541.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
2010
Construction
FRAME
Heating
CENTRAL
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Units
153
Total area
37,313 SF
Lot
14.51 ac (632,230 SF)
APN
14-797-1045
UPID
US69-0029593
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
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Est. value
$3.9M
RETAIL STORES
Est. value
$4.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.2M
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
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
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Units
153
Lot
14.51 ac
Current owner
From public records · entity-resolved
Re II Senior LLC
Entity
Mailing address
1780 S BELLAIRE ST STE #800, DENVER, CO 80222-4332
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 6, 2025
—
Okc Bh Propco LLC
—
Deed
related
$2,757,000 · Celtic Bank Corporation
Dec 19, 2022
—
Re II Senior II LLC
—
Deed
related
$150,000 · 5star Bank
Feb 28, 2020
—
Re II Senior II LLC
—
Deed
related
$8,870,000 · Bank 7
Sep 27, 2019
—
Re II Senior II LLC
—
Deed
related
$8,500,000 · Bank 7
Dec 4, 2018
$6,899
Re II Senior LLC
Oklahoma City Ok Senior Prop L
Grant Deed
—
Jul 23, 2018
—
Oklahoma City Ok Senior Prop L
—
Deed
related
$84,000,000 · Compass Bk
Sep 8, 2011
$3,000,000
Ip Emerald Health Holdings LLC
Emerald Sq SR Living Spe I LLC
Grant Deed
—
Jun 29, 2010
—
Emerald Sq SR Living Spe I LLC
Sheriff Of Oklahoma County
Trustees Deed
related
—
Jun 7, 2006
—
Henvys Emerald Square II LLC
Emerald Square LLC
Quit Claim Deed
—
Oct 27, 2005
—
Emerald Square Assisted Living LLC
Emerald Square Assisted Living LLC
Special Warranty Deed
$2,940,000 · First State Bank Of Thermopolis
Jun 14, 2005
$150,000
Andersons Emerald Square LLC
Emerald Square LLC
Grant Deed
—
Mar 17, 2005
$200,000
Kims Emerald Square LLC
Emerald Square LLC
Grant Deed
—
Mar 17, 2005
$322,500
Henvys Emerald Square LLC
Emerald Square LLC
Grant Deed
—
Mar 17, 2005
$1,300,000
Emerald Square LLC
Avalon Retirement Centers LLC
Warranty Deed
—
Mar 17, 2005
$100,000
Grabenhorsts Emerald Sq LLC
Emerald Square LLC
Grant Deed
—
—
—
Re II Senior II LLC
—
Deed Of Trust
related
$8,500,000 · Bank 7
—
—
Re II Senior II LLC
—
Loan Modification
related
$8,870,000 · Bank 7
—
—
Oklahoma City Ok Senior Prop L
—
Loan Modification
related
$84,000,000 · Compass 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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