Building Details

Year built 1973

Floors in Building 1

Listing Agency: Ariston Realty LLC k***@aristonrealty.com Show Phone

Listed By: Neema Briggs · License #OKC178518 Show Phone

Added: Oct 6 Changed: Oct 7 Last Checked: Oct 7 at 6:06PM

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MLS# 1251542

Copyright © 2026 MLSOK, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Sooner Motel is a hospitality property with 14 guest rooms, a three-bedroom, one-bath residence, and a small office. The improvements total approximately 5,309 square feet on a 0.68-acre parcel, and the property was built in 1973. Commercial zoning applies. An original motel sign is also present.

The property is at 412 N 8th Avenue in Stroud, Oklahoma, along Route 66. The Rock Cafe and Route 66 Spirit of America Museum are nearby. Parking is available on the site.

Key Highlights

• 14 motel rooms
• Three‑bedroom, one‑bath residence plus a small office
• Approximately 5,309 square feet of improvements on 0.68 acres

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$39,945

Cap Rate

7.99%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$798,900 $798.9K

Cap Rate 7%

$570,643 $570.6K

Cap Rate 9%

$443,833 $443.8K

Market Conditions

NOI Build-Up for 5,309 SF

Gross rent

$95.6K $18.00/SF

− Vacancy

−$11.5K −$2.16/SF

EGI

$84.1K $15.84/SF

− OpEx

−$44.1K −$8.32/SF

NOI

$39.9K $7.52/SF

Area

Lincoln County, OK

Vacancy

12.00%

Lease Rate

$18.00 /SF/Yr

Expense Ratio

52.50%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$798,900

Cap Rate 7%

$570,643

Cap Rate 9%

$443,833

Alternative Uses

Best Use

Hotel Hospitality

$570.6K

$499.3K – $665.8K (±1% cap)

NOI $39,945 @ 7.0% cap · market cap 7.99%

Second Best

—

—

no second resolved use

Theoretical Best

Specialty Retail

$1.28M

$1.12M – $1.50M (±1% cap)

NOI $89,828 @ 7.0% cap · market cap 17.97%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Sooner Motel Hotel & Motel

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Hair Salon Electrical Service Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business

Opportunity

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

306

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 74079, OK

4,532

Population

2,036

Households

2.2

Avg Household Size

41

Median Age

19%

College-Educated

92%

High-School Grad

186.8 sq mi

ZIP Area

24

Density / Sq Mi

$65,000

Median Household Income

$40,789

Median Earnings

$732

Median Rent

$162,300

Median Home Value

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this motels located? What is the asking price? Find similar properties What are key features of this property?

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Similar Off Market Nearby

• Skyliner Motel — 717 W Main St, Stroud, OK 74079
• Sooner Motel — 412 N 8th Ave, Stroud, OK 74079
• Hampton Inn & Suites Stroud — 915 Ada Webb Dr, Stroud, OK 74079
• Cattle Country Lodge — 1200 N 8th Ave, Stroud, OK 74079

Frequently Asked Questions

What type of property is this?

Motel - A separate three-bedroom residence, small office, and parking accompany the guest accommodations.

Where is this motel located?

The property is located at 412 N 8th Avenue Stroud, OK.

What is the asking price?

The asking price for this property is $500,000.

What are key features of this property?

This property features: 14 motel rooms; Three‑bedroom, one‑bath residence plus a small office; Approximately 5,309 square feet of improvements on 0.68 acres