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Property profile & analytics
OFF-MARKET
Estimated value
$6,530,000
Hotels
11820 I 35th Service Rd Oklahoma City, OK 73131-6404
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US69-1127793
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2016
Construction
WOOD FRAME
Total area
45,414 SF
Lot
1.79 ac (77,798 SF)
APN
14-156-4018
UPID
US69-1127793
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
$6.53M
CAP Approach
CAP
$5.08M
Comparable Approach
Comparable
$4.28M
Blend (final)
Blend
$6.53M
Owner & transaction history
Okc Hotel Management LLC · 2 yrs held
Okc Hotel Management LLC
since 2024
Last sale
$6.5M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$7.1M
+108.5%
Auto repair, garage
$6.8M
+98.5%
Commercial (general)
$6.4M
+88.8%
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 Oklahoma City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oklahoma City 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
$6,530,000
ML approach
$6,530,000
CAP Approach
CAP Return
Estimation
6%
$5,500,000
6.5%
$5,080,000
7%
$4,715,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$7,090,000
Change: +108% · Conversion: Difficult
AUTO REPAIR, GARAGE
$6,750,000
Change: +99% · Conversion: Difficult
COMMERCIAL (GENERAL)
$6,420,000
Change: +89% · Conversion: Difficult
OFFICE BUILDING
$5,825,000
Change: +71% · Conversion: Difficult
RETAIL STORES
$5,605,000
Change: +65% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$5,150,000
Change: +51% · Conversion: Difficult
Blend value · Realmo final
$6.53M
Range $5.88M – $7.18M · ±10% · vs last sale $6.53M (Mar 22 2024)
Last sale anchor
$6.53M
Mar 22 2024
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
$144 / 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
$54,270
Tax year 2023
Assessed value
$559,250
Assessed 2023
Previous assessed
$552,049
+1.3% YoY
Effective rate
9.70%
On assessed value
Assessed land
$59,038
Assessed improvement
$500,212
Land market value
$536,717
Improvement market value
$4,547,380
Total market value
$5,084,097
Applied tax rate
229.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2016
Construction
WOOD FRAME
Heating
HEAT PUMP
Cooling
YES
Stories
4
Rooms
72
Total area
45,414 SF
Lot
1.79 ac (77,798 SF)
APN
14-156-4018
UPID
US69-1127793
Jurisdiction
OKLAHOMA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$7.1M
AUTO REPAIR, GARAGE
Est. value
$6.8M
COMMERCIAL (GENERAL)
Est. value
$6.4M
OFFICE BUILDING
Est. value
$5.8M
RETAIL STORES
Est. value
$5.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.2M
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
OFFICE BUILDING
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2016
Construction
WOOD FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
4
Rooms
72
Lot
1.79 ac
Current owner
From public records · entity-resolved
Okc Hotel Management LLC
Entity
Mailing address
11280 N I 35TH SERVICE RD, OKLAHOMA CITY, OK 73131
Ownership since
2024
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
Mar 22, 2024
$6,530,000
Okc Hotel Management LLC
Highlife Hospitality Group LLC
Special Warranty Deed
$10,000,000 · Morgan Stanley Bank NA
May 31, 2022
$5,850,000
Highlife Hospitality Group LLC
Okc Hospitality LLC
Special Warranty Deed
$4,749,000 · Celtic Bank Corporation
Feb 19, 2020
$5,050,000
Okc Hospitality LLC
Trisden Hospitality LLC
Special Warranty Deed
$3,698,885 · Great Plains National Bank
May 30, 2017
—
Trisden Hospitality LLC
—
Deed
related
$2,148,000 · Quail Creek Bk
Feb 22, 2006
—
Lopez-wick Management LLC
—
Trustees Deed
related
$100,000 · Edmond Bank & Trust
May 23, 2005
$522,500
Lopez-wick Management LLC
Percival,floyd V & Martha R
Warranty Deed
—
—
—
Trisden Hospitality LLC
—
Loan Modification
related
—
—
—
Trisden Hospitality LLC
—
Loan Modification
related
—
—
—
Trisden Hospitality LLC
—
Deed Of Trust
related
$2,148,000 · Private Individual
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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