New search
Property profile & analytics
FOR SALE
Motels
11525 E Skelly Dr, Tulsa, OK 74128
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US69-0600374
For Sale
1 / 2
$695,000
11525 E Skelly Dr, Tulsa, OK 74128
View Listing →
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1984
Construction
WOOD FRAME
Total area
28,818 SF
Lot
2.16 ac (93,872 SF)
Zoning code
CS
APN
10300-94-05-00016
UPID
US69-0600374
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
-
Economy Inn and Suites Hotel & Motel
-
Super 8 Tulsa/East/Arpt Hotel & Motel
-
Ladys hair shop Hair Salon
-
The Palacio Party Hall Hotel & Motel Resort
-
Economy Inn & Suites - Tulsa Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.21M
CAP Approach
CAP
$1.11M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.18M
Owner & transaction history
Route 66 Hospitality LLC · 3 yrs held
Route 66 Hospitality LLC
since 2023
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
CS · 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
$1,170,000
ML approach
$1,205,000
CAP Approach
CAP Return
Estimation
6%
$1,205,000
6.5%
$1,110,000
7%
$1,035,000
Blend value · Realmo final
$1.18M
Range $1.06M – $1.30M · ±10% · vs last sale $1.18M (Jun 23 2023)
Last sale anchor
$1.18M
Jun 23 2023
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
$41 / 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
$17,721
Tax year 2023
Assessed value
$132,000
Assessed 2023
Previous assessed
$127,050
+3.9% YoY
Effective rate
13.43%
On assessed value
Assessed land
$20,658
Assessed improvement
$111,342
Land market value
$187,800
Improvement market value
$1,012,200
Total market value
$1,200,000
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
Motels
Use group
MOTEL
Status
For Sale
Year built
1984
Construction
WOOD FRAME
Heating
ZONE
Cooling
YES
Stories
2
Total area
28,818 SF
Lot
2.16 ac (93,872 SF)
Zoning code
CS
APN
10300-94-05-00016
UPID
US69-0600374
Jurisdiction
TULSA
Zoning & alternative use
CS · Tulsa, OK
Zoning CS · permitted uses
CS · 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
1984
Construction
WOOD FRAME
Heating
ZONE
Cooling
Yes
Stories
2
Lot
2.16 ac
Current owner
From public records · entity-resolved
Route 66 Hospitality LLC
Entity
Mailing address
3012 BELMONT CT, IRVING, TX 75060-4884
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 23, 2023
$1,175,000
Route 66 Hospitality LLC
The Real Estate Lawyers LLC
Warranty Deed
$940,000 · First New Mexico Bank
Nov 17, 2020
$1,100,000
Cancun LLC
Sai Dev Hospitality LLC
Warranty Deed
—
Nov 17, 2020
—
Therealestatelawyersaec LLC
—
Deed
related
$770,000 · Sai Dev Hospitality LLC
Jan 11, 2018
—
Sai Dev Hospitality LLC
—
Deed
related
$1,051,624 · Bank Of Commerce
Sep 20, 2017
—
Sai Dev Hospitality LLC
—
Loan Modification
related
$1,042,707 · Mark Resort INC
Mar 23, 2016
$1,375,000
Sai Dev Hospitality LLC
Mark Resort INC
Warranty Deed
$1,212,000 · Mark Resort INC
Jan 9, 2007
—
Mark Resort INC
Mark Resort INC
Quit Claim Deed
related
—
—
—
Sai Dev Hospitality LLC
—
Deed Of Trust
related
$1,051,624 · Bank Of Commerce
—
—
Therealestatelawyersaec LLC
—
Deed Of Trust
related
$770,000 · Sai Dev Hospitality LLC
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
