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Property profile & analytics
OFF-MARKET
Estimated value
$5,205,000
Hotels
1511 Expy Expressway Oklahoma City, OK 73118-4411
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US69-0302633
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2003
Construction
WOOD FRAME
Total area
50,659 SF
Lot
2.01 ac (87,686 SF)
APN
13-304-6025
UPID
US69-0302633
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
$5.36M
CAP Approach
CAP
$5.67M
Comparable Approach
Comparable
$3.76M
Blend (final)
Blend
$5.21M
Owner & transaction history
Cardinal Okc LLC · 2 yrs held
Cardinal Okc LLC
since 2023
Last sale
$4.9M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$7.9M
+108.5%
Auto repair, garage
$7.5M
+98.5%
Commercial (general)
$6.8M
+78.7%
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
$5,245,000
ML approach
$5,360,000
CAP Approach
CAP Return
Estimation
6%
$6,135,000
6.5%
$5,665,000
7%
$5,260,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$3,795,000
Current use
MEDICAL BUILDING
$7,910,000
Change: +108% · Conversion: Difficult
AUTO REPAIR, GARAGE
$7,530,000
Change: +99% · Conversion: Difficult
COMMERCIAL (GENERAL)
$6,780,000
Change: +79% · Conversion: Difficult
OFFICE BUILDING
$6,500,000
Change: +71% · Conversion: Difficult
RETAIL STORES
$6,255,000
Change: +65% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$5,740,000
Change: +51% · Conversion: Difficult
Blend value · Realmo final
$5.21M
Range $4.68M – $5.73M · ±10% · vs last sale $4.88M (Oct 16 2023)
Last sale anchor
$4.88M
Oct 16 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
$103 / 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
$49,096
Tax year 2023
Assessed value
$399,740
Assessed 2023
Previous assessed
$443,190
-9.8% YoY
Effective rate
12.28%
On assessed value
Assessed land
$39,380
Assessed improvement
$360,360
Land market value
$358,000
Improvement market value
$3,276,000
Total market value
$3,634,000
Applied tax rate
200.0000
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
2003
Construction
WOOD FRAME
Heating
HEAT PUMP
Cooling
YES
Stories
4
Units
80
Rooms
80
Total area
50,659 SF
Lot
2.01 ac (87,686 SF)
APN
13-304-6025
UPID
US69-0302633
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
HOTEL/MOTEL Current
Est. value
$3.8M
MEDICAL BUILDING
Est. value
$7.9M
AUTO REPAIR, GARAGE
Est. value
$7.5M
COMMERCIAL (GENERAL)
Est. value
$6.8M
OFFICE BUILDING
Est. value
$6.5M
RETAIL STORES
Est. value
$6.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.7M
HOTEL/MOTEL Current
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
2003
Construction
WOOD FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
4
Units
80
Rooms
80
Lot
2.01 ac
Current owner
From public records · entity-resolved
Cardinal Okc LLC
Entity
Mailing address
3020 N CYPRESS ST STE #250, WICHITA, KS 67226-4011
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 16, 2023
$4,875,000
Cardinal Okc LLC
Kusum LLC
Special Warranty Deed
$4,782,427 · Commerce Bank
Sep 10, 2014
—
Kusum LLC
Kusum LLC
Intrafamily Transfer
related
$4,697,552 · Fnb Community Bank
May 22, 2007
—
Kusum INC
—
Deed Of Trust
related
$5,600,000 · International Bank Of Commerce
—
—
Kusum INC
—
Deed Of Trust
related
$5,817,552 · International Bank Of Commerce
—
—
Kusum INC
—
Deed Of Trust
related
$5,702,533 · International Bank Of Commerce
—
—
Kusum INC
—
Deed Of Trust
related
$150,000 · First National Bank
—
—
Kusum INC
—
Deed Of Trust
related
$232,350 · First National Bank
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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