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Property profile & analytics
OFF-MARKET
Estimated value
$2,230,000
Hotels
111 Main St Tulsa, OK 74103-2030
Entity Owned
14-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US69-1054890
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2012
Construction
WOOD FRAME
Total area
70,416 SF
Lot
0.83 ac (35,981 SF)
Zoning code
CBD
APN
00500-92-01-29760
UPID
US69-1054890
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
-
Misfit Kitchen Restaurant
-
PRHYME: Downtown Steakhouse Restaurant
-
Wick & Flame Candle Bar Home Decor Store
-
Tulsa VIP Mobile Bottle Service Nightclub DJ & Entertainment
-
Fairfield Inn & Suites Tulsa Downtown Arts District Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.72M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.23M
Owner & transaction history
Brady 41 LLC · 14 yrs held
Brady 41 LLC
since 2011
7 recorded transactions
Zoning & alternative use
CBD · Tulsa, OK
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 Tulsa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tulsa 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%
$2,945,000
6.5%
$2,715,000
7%
$2,525,000
Blend value · Realmo final
$2.23M
Range $2.01M – $2.45M · ±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
$32 / 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
$128,536
Tax year 2023
Assessed value
$957,440
Assessed 2023
Previous assessed
$917,043
+4.4% YoY
Effective rate
13.42%
On assessed value
Assessed land
$59,400
Assessed improvement
$898,040
Land market value
$540,000
Improvement market value
$8,164,000
Total market value
$8,704,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
2012
Construction
WOOD FRAME
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
4
Units
104
Rooms
104
Total area
70,416 SF
Lot
0.83 ac (35,981 SF)
Zoning code
CBD
APN
00500-92-01-29760
UPID
US69-1054890
Jurisdiction
TULSA
Zoning & alternative use
CBD · Tulsa, OK
Zoning CBD · permitted uses
CBD · Tulsa, OK
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tulsa. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2012
Construction
WOOD FRAME
Heating
CENTRAL
Cooling
Yes
Stories
4
Buildings
2
Units
104
Rooms
104
Lot
0.83 ac
Current owner
From public records · entity-resolved
Brady 41 LLC
Entity
Mailing address
2251 STONE WOOD CIR, BROKEN ARROW, OK 74012-1032
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 16, 2011
—
Brady 41 LLC
—
Grant Deed
related
$8,191,744 · Security Bank
Aug 17, 2011
—
Brady 41 LLC
Oliphant,eric B
Quit Claim Deed
related
—
Aug 1, 2011
—
Brady 41 LLC
Oliphant,samuel J
Quit Claim Deed
related
—
Jun 16, 2010
—
Strata Energy LLC
Oliphant Eric B Trust
Quit Claim Deed
related
—
May 17, 2010
—
Brady 41 LLC
Oliphant S J Living Trust
Quit Claim Deed
related
—
Apr 28, 2010
—
Oliphant Gregory W Living Trust
Oliphant,gregory W & Jamie D
Quit Claim Deed
related
—
Sep 3, 2009
—
Eric B Oliphant
Tercero Corp
Quit Claim Deed
related
$100,000 · Sharp Mortgage Co
May 16, 2005
$31,500
Consolidated Stockholders
Deane Besha L Trust
Grant Deed
—
May 16, 2005
—
Tessa A Wyrick
Tercero Corp
Quit Claim Deed
related
—
May 16, 2005
$19,000
Consolidated Stockholders
Oliphant,nancy B
Grant Deed
—
May 16, 2005
$94,500
Consolidated Stockholders
Oliphant Allen G Trust
Grant Deed
—
—
—
Brady 41 LLC
—
Deed Of Trust
related
$200,000 · Tulsa Economic Dev Corp
—
—
Brady 41 LLC
—
Deed Of Trust
related
$5,119,840 · Security Bank
—
—
Brady 41 LLC
—
Deed Of Trust
related
$3,144,000 · Tulsa Economic Dev Corp
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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