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Property profile & analytics
OFF-MARKET
Estimated value
$6,375,000
Hotels
115 5th St 1700 Tulsa, OK 74103-4272
Individually Owned
18-yr Hold
~
Est. High Equity
Property ID
US69-0112939
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1924
Construction
CONCRETE
Total area
263,587 SF
Lot
0.84 ac (36,765 SF)
Zoning code
CBD
APN
00500-92-01-38660
UPID
US69-0112939
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
$8.44M
Blend (final)
Blend
$6.38M
Owner & transaction history
Mayo Hotel & Lofts · 18 yrs held
Mayo Hotel & Lofts
since 2007
6 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.38M
Range $5.74M – $7.01M · ±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
$24 / 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
$291,510
Tax year 2023
Assessed value
$2,171,400
Assessed 2023
Previous assessed
$2,068,000
+5.0% YoY
Effective rate
13.42%
On assessed value
Assessed land
$101,871
Assessed improvement
$2,069,529
Land market value
$1,102,500
Improvement market value
$22,397,500
Total market value
$23,500,000
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
1924
Construction
CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
9
Units
102
Total area
263,587 SF
Lot
0.84 ac (36,765 SF)
Zoning code
CBD
APN
00500-92-01-38660
UPID
US69-0112939
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
CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
9
Units
102
Lot
0.84 ac
Current owner
From public records · entity-resolved
Mayo Hotel & Lofts
Individual
Mailing address
115 W 5TH ST, TULSA, OK 74103-4239
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 27, 2007
—
Mayo Hotel & Lofts
Mayo LLC
Quit Claim Deed
related
—
—
—
Mayo Hotel & Lofts LP
—
Loan Modification
related
$19,837,029 · International Bk/commerce
—
—
Mayo Hotel & Lofts LP
—
Loan Modification
related
$3,000,000 · International Bk/commerce
—
—
Mayo Hotel & Lofts
—
Deed Of Trust
related
$4,900,000 · Tulsa Development Authority
—
—
Mayo Hotel & Lofts LP
—
Loan Modification
related
$7,886,000 · International Bk/commerce
—
—
Mayo Hotel & Lofts
—
Deed Of Trust
related
$23,500,000 · International Bk/commerce
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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