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Property profile & analytics
OFF-MARKET
Estimated value
$6,625,000
Hotels
1811 Scissortail Ave Claremore, OK 74017
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US69-1605123
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2015
Total area
48,708 SF
APN
96549
UPID
US69-1605123
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
$6.63M
CAP Approach
CAP
$4.51M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.63M
Owner & transaction history
Jai Sainath Hotel LLC · 2 yrs held
Jai Sainath Hotel LLC
since 2024
Last sale
$6.6M
4 recorded transactions
Zoning & alternative use
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 Claremore submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Claremore 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
$6,625,000
ML approach
$6,625,000
CAP Approach
CAP Return
Estimation
6%
$4,885,000
6.5%
$4,510,000
7%
$4,190,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$10,750,000
Change: 0% · Conversion: Difficult
OFFICE BUILDING
$7,360,000
Change: 0% · Conversion: Difficult
MEDICAL BUILDING
$5,715,000
Change: 0% · Conversion: Difficult
RESTAURANT
$5,695,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$4,480,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,425,000
Change: 0% · Conversion: Difficult
WAREHOUSE, STORAGE
$4,360,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$6.63M
Range $5.96M – $7.29M · ±10% · vs last sale $6.63M (Mar 28 2024)
Last sale anchor
$6.63M
Mar 28 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
$136 / 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
$41,955
Tax year 2023
Assessed value
$458,020
Assessed 2023
Previous assessed
$458,020
+0.0% YoY
Effective rate
9.16%
On assessed value
Assessed land
$100,650
Assessed improvement
$357,370
Land market value
$914,997
Improvement market value
$3,692,706
Total market value
$4,607,703
Applied tax rate
17.0000
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
2015
Heating
HEAT PUMP
Cooling
YES
Stories
1
Total area
48,708 SF
APN
96549
UPID
US69-1605123
Jurisdiction
ROGERS
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
COMMERCIAL (GENERAL)
Est. value
$10.8M
OFFICE BUILDING
Est. value
$7.4M
MEDICAL BUILDING
Est. value
$5.7M
RESTAURANT
Est. value
$5.7M
RETAIL STORES
Est. value
$4.5M
AUTO REPAIR, GARAGE
Est. value
$4.4M
WAREHOUSE, STORAGE
Est. value
$4.4M
COMMERCIAL (GENERAL)
OFFICE BUILDING
MEDICAL BUILDING
RESTAURANT
RETAIL STORES
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
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
2015
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Current owner
From public records · entity-resolved
Jai Sainath Hotel LLC
Entity
Mailing address
14 FRD DR, AMERICAN CANYON, CA 94503-3104
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 28, 2024
$6,625,000
Jai Sainath Hotel LLC
Claremore Hospitality LLC
Warranty Deed
$5,260,000 · Summit State Bank
Feb 27, 2024
—
David M Dryer
Claremore Hospitality LLC
Warranty Deed
—
Aug 31, 2020
—
Claremore Hospitality LLC
—
Deed
related
—
—
—
Claremore Hospitality LLC
—
Loan Modification
related
—
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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