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Property profile & analytics
OFF-MARKET
Estimated value
$2,425,000
Hotels
1101 I 240th Service Rd Oklahoma City, OK 73149-4405
Entity Owned
2-yr Hold
Free & Clear
Property ID
US69-0020171
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2000
Construction
WOOD FRAME
Total area
37,008 SF
Lot
25.1 ac (1,093,530 SF)
APN
13-216-5033
UPID
US69-0020171
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.43M
Owner & transaction history
Separated Hotels Owner LLC · 2 yrs held
Separated Hotels Owner LLC
since 2023
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
HOTEL/MOTEL
$2,770,000
Current use
Blend value · Realmo final
$2.43M
Range $2.18M – $2.67M · ±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
$66 / 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
$134,428
Tax year 2023
Assessed value
$1,136,047
Assessed 2023
Previous assessed
$1,136,047
+0.0% YoY
Effective rate
11.83%
On assessed value
Assessed land
$142,785
Assessed improvement
$993,262
Land market value
$1,298,048
Improvement market value
$9,029,656
Total market value
$10,327,704
Applied tax rate
300.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2000
Construction
WOOD FRAME
Heating
HEAT PUMP
Cooling
YES
Buildings
3
Stories
3
Units
81
Rooms
81
Total area
37,008 SF
Lot
25.1 ac (1,093,530 SF)
APN
13-216-5033
UPID
US69-0020171
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
HOTEL/MOTEL Current
Est. value
$2.8M
HOTEL/MOTEL Current
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
2000
Construction
WOOD FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
3
Buildings
3
Units
81
Rooms
81
Lot
25.1 ac
Current owner
From public records · entity-resolved
Separated Hotels Owner LLC
Entity
Free & Clear · 2 yrs held
Mailing address
225 BUSH ST STE #1800, SAN FRANCISCO, CA 94104-4211
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 5, 2023
—
Separated Hotels Owner LLC
Cni Thi Propco Fe LLC
Assignment Of Lease (leasehold Sale)
—
Sep 21, 2020
—
Cni Thl Propco Fe LLC
—
Deed
related
$960,000,000 · Wells Fargo Bk 2018-thpt (ce)
Aug 20, 2019
—
Enhanced Oklahoma City LLC
—
Deed
related
$1,750,000 · New Millennium Bk
Nov 21, 2018
—
Enhanced Oklahoma City LLC
—
Deed
related
$1,120,000 · State Bk/tx
Jun 10, 2013
—
Fargo Hotels Pool D Re W2005
—
Deed Of Trust
related
$775,000,000 · German American Capital Corp
Jun 3, 2011
—
Fargo Hotels Pool D Re W2005
—
Deed Of Trust
related
$725,000,000 · German American Capital Corp
Feb 15, 2011
$4,650,000
Golden Prairie Associates LLC
Crossroads-maiden Lane LLC
Grant Deed
—
Aug 3, 2010
$2,450,000
Sooner Or Later Associates LLC
Crossroads-maiden Lane LLC
Grant Deed
—
Jan 10, 2007
$12,549,999
Mmp Crossroads LLC
Macerich Oklahoma
Warranty Deed
—
—
—
Enhanced Oklahoma City LLC
—
Deed Of Trust
related
$1,120,000 · State Bk/tx
—
—
Enhanced Oklahoma City LLC
—
Deed Of Trust
related
$1,750,000 · New Millennium Bk
—
—
Cni Thl Propco Fe LLC
—
Loan Modification
related
$960,000,000 · Wells Fargo Bk 2018-thpt (ce)
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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