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Property profile & analytics
OFF-MARKET Estimated value $2,215,000
Motels

11620 Skelly Dr Tulsa, OK 74128-2402

85,915 SF 4.83 ac lot Built 1960
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US69-0309007
Property profile
Verified
Property type Motels
Use group MOTEL
Year built 1960
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 85,915 SF
Lot 4.83 ac (210,351 SF)
Zoning code CS
APN 38185-94-08-27880
UPID US69-0309007
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
$2.22M
Owner & transaction history
Tulsa Realty Development Auth LLC · 7 yrs held
Tulsa Realty Development Auth LLC
since 2019
5 recorded transactions
2019
$1.6M
2017
$1.6M
2013
$1.5M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
CS · Tulsa, OK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

CS Commercial Shopping CG Commercial General CH Commercial-High CBD Central Business IL Industrial-Light IM Industrial-Moderate IH Industrial-Heavy Most intensive O, C or I district B. Purposes. 1. General. Office, commercial and industrial zoning districts are intended to accommodate and promote neighborhood, community- and region-serving commercial uses, a…

Zone name Commercial Shopping
General category COMMERCIAL
Zone area 5,190.67 ac
Source code of ordinances
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