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Property profile & analytics
OFF-MARKET
Estimated value
$265,000
Medical Office Space
705 City Ave Moore, OK 73160-3819
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US69-0639273
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,015 SF
Lot
0.43 ac (18,731 SF)
Zoning code
C3
APN
MC2 CITM1 6 2002
UPID
US69-0639273
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
$265k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$265k
Owner & transaction history
F & M Properties Of Oklahoma LLC · 9 yrs held
F & M Properties Of Oklahoma LLC
since 2017
4 recorded transactions
Zoning & alternative use
C3 · Moore, OK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district is established for major retail and service activity removed from the central business district with major thoroughfare access and provided with adequate open space and parking.
Zone name
General Commercial District
General category
COMMERCIAL
Zone area
885.69 ac
Source
Realmo
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 Moore submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Moore 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
$265,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$265k
Range $239k – $292k · ±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
$88 / 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
$3,700
Tax year 2023
Assessed value
$30,360
Assessed 2023
Previous assessed
$30,360
+0.0% YoY
Effective rate
12.19%
On assessed value
Assessed land
$7,875
Assessed improvement
$22,485
Land market value
$65,625
Improvement market value
$187,375
Total market value
$253,000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
2
Total area
3,015 SF
Lot
0.43 ac (18,731 SF)
Zoning code
C3
APN
MC2 CITM1 6 2002
UPID
US69-0639273
Jurisdiction
CLEVELAND
Zoning & alternative use
C3 · Moore, OKZoning C3 · permitted uses
C3 · Moore, OK
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This district is established for major retail and service activity removed from the central business district with major thoroughfare access and provided with adequate open space and parking.
Zone name
General Commercial District
General category
COMMERCIAL
Zone area
885.69 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
1
Bathrooms
2
Lot
0.43 ac
Current owner
From public records · entity-resolved
F & M Properties Of Oklahoma LLC
Entity
Mailing address
2501 BOARDWALK, NORMAN, OK 73069-6372
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2017
$275,000
F & M Properties Of Oklahoma LLC
Venard Family LLC
Warranty Deed
$233,750 · First Bk
Sep 13, 2016
—
Venard Family LLC
—
Trustees Deed
related
$60,720 · Bancfirst
—
—
Venard Family LLC
—
Loan Modification
related
$8,824 · Exchange National Bank
—
—
Venard Family LLC
—
Loan Modification
related
$18,017 · Exchange 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.
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