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Property profile & analytics
OFF-MARKET
Estimated value
$2,285,000
Hotels
115 5th St Tulsa, OK 74103-4604
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US69-0325561
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1924
Construction
STEEL FRAME
Total area
92,022 SF
Lot
0.24 ac (10,498 SF)
Zoning code
CBD
APN
00500-92-01-38860
UPID
US69-0325561
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
-
The Mayo Hotel Hotel & Motel
-
Tiroma Films Inc Film Production Television Studio
-
Tulsa Club Hotel, Curio Collection by Hilton Hotel & Motel
-
The Mayo Hotel Apartments Apartment Building
-
The Mark at the Mayo Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.29M
Owner & transaction history
Tcb Landlord LLC · 10 yrs held
Tcb Landlord LLC
since 2015
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$25 / 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
$18,120
Tax year 2023
Assessed value
$134,970
Assessed 2023
Previous assessed
$134,970
+0.0% YoY
Effective rate
13.43%
On assessed value
Assessed land
$34,650
Assessed improvement
$100,320
Land market value
$315,000
Improvement market value
$14,272,300
Total market value
$14,587,300
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
1924
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
12
Rooms
96
Total area
92,022 SF
Lot
0.24 ac (10,498 SF)
Zoning code
CBD
APN
00500-92-01-38860
UPID
US69-0325561
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
1924
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Stories
12
Rooms
96
Lot
0.24 ac
Current owner
From public records · entity-resolved
Tcb Landlord LLC
Entity
Mailing address
PO BOX 690960, TULSA, OK 74169-0960
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 2, 2026
—
The Mcfarlin Building LLC
—
Deed
related
$2,000,000 · International Bank Of Commerce
Dec 22, 2025
—
The Mcfarlin Building LLC
—
Deed
related
$2,000,000 · International Bank Of Commerce
Jul 30, 2025
—
Mayn Hotel And Lofts LP
—
Deed
related
$800,000 · International Bank Of Commerce
Jan 14, 2020
—
Mayo Hotel & Lofts LP
—
Deed
related
$7,886,000 · International Bk/commerce
Apr 1, 2019
—
Tcb Landlord LLC
—
Deed
related
$440,000 · Spiritbank
Aug 30, 2018
—
Mayo Hotel & Lofts LP
—
Deed
related
$3,000,000 · International Bk/commerce
Jan 25, 2018
—
Tcb Landlord LLC
—
Deed
related
$19,710,342 · Spiritbank
Oct 25, 2016
—
Tcb Landlord LLC
—
Deed
related
$18,114,217 · Spiritbank
Sep 28, 2015
$1,500,000
Tcb Landlord LLC
115 E 5th LLC
Warranty Deed
$1,200,000 · Bank Snb NA
Jan 13, 2015
—
115 E 5th LLC
Howell,amanda N
Quit Claim Deed
related
—
Jul 10, 2014
—
115 E 5th Street LLC
Howell,amanda N
Quit Claim Deed
related
—
May 24, 2013
$460,000
115 E 5th LLC
Sheriff Of Tulsa County
Trustees Deed
related
—
Aug 27, 2012
—
Shamrock Asset Holdings LLC
Morony,carl J
Warranty Deed
—
—
—
Tcb Landlord LLC
—
Deed Of Trust
related
$18,114,217 · Spiritbank
—
—
Tcb Landlord LLC
—
Loan Modification
related
$19,710,342 · Spiritbank
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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