Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2405 El Camino Sayre, OK 73662
    Back to Search
    Property profile & analytics

    2405 El Camino Sayre, OK 73662

    View on Map
    • Hospitality properties
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • AmericInn by Wyndham Sayre / Hotel & Motel

    Property Details for 2405 El Camino

    Property type
    Hospitality properties
    Property subtype
    Hotels

    Description

    This exceptional 45-unit Wyndham-branded hotel presents a lucrative investment opportunity. Strategically located directly on the interstate, midway between major metropolitan areas, this two-story property enjoys a prime position with high visibility and convenient access. The interior corridor design offers 45 well-appointed keys, complemented by desirable amenities including a breakfast area, business center, and an indoor pool and hot tub. Its proximity to several truck and RV service businesses makes it uniquely positioned to capture a significant portion of the travel market, especially given the absence of competing lodging options in the immediate vicinity. The property boasts consistently strong year-over-year revenue growth since 2019, reflecting its popularity and operational efficiency. The asking price is $2,350,000. This represents a compelling investment in a high-demand market with significant growth potential. The hotel's positive online reviews further underscore its appeal to guests. This turnkey operation is ready for a new owner to continue its success story. Located in Sayre, Oklahoma, in Beckham County, at 2405 S El Camino, zip code 73662.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Sayre
    County
    Beckham
    State
    Oklahoma
    Longitude
    -99.6446
    Latitude
    35.2651

    Comparable in this City

    • Value Estimation by Request
      1,536 SF

      Sayre, OK 73662

      HOTEL • 1,536 SF
      Sayre, OK 73662
      View Details
    • Value Estimation by Request
      14,350 SF

      315 Hwy 66

      MOTEL • 14,350 SF
      315 Hwy 66, Sayre, OK 73662-1360
      View Details
    • Value Estimation by Request
      7,335 SF

      611 Hwy 66

      MOTEL • 7,335 SF
      611 Hwy 66, Sayre, OK 73662-1210
      View Details
    • Value Estimation by Request
      3,172 SF

      303 Main St

      MOTEL • 3,172 SF
      303 Main St, Sayre, OK 73662-3305
      View Details
    • Value Estimation by Request
      0.17 Acres

      Sayre, OK 73662

      COMMERCIAL (GENERAL) • 0.17 Acres
      Sayre, OK 73662
      View Details
    • Value Estimation by Request
      1.72 Acres

      Sayre, OK 73662

      VACANT COMMERCIAL LAND • 1.72 Acres
      Sayre, OK 73662
      View Details

    Similar Nearby for Sale

    • $440,000

      Historic Route 66 Mixed-Use Property

      9.72-acre property with multiple buildings, offering residential and commercial potential.
      18452 E 1270 Rd, Sayre, OK 73662
      View Details
    • $425,000
      6,738 SF

      Established Truck Wash Business

      High-traffic location, excellent income potential.
      108 El Dorado St, Sayre, OK 73662
      View Details
    • $145,000
      4,250 SF

      Retail Building on Historic Main

      Retail building with showroom, kitchen, and storage on Main Street.
      205 E Main St, Sayre, OK 73662
      View Details
    • New
      $387,000
      Pending

      155 Acres Near Sayre, OK

      155 acres suitable for grazing, hunting, and livestock.
      152 W Hwy, Sayre, OK 73662
      View Details
    • Contact for pricing
      0.44 Acres

      Commercial Land in Sayre, OK

      0.44 acre corner lot suitable for new construction.
      119 E Greer Ave, Sayre, OK 73662
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2405 El Camino
    Sayre, OK 73662
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2405 El Camino, Sayre, OK, 73662
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!