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Property profile & analytics
OFF-MARKET
Estimated value
$9,845,000
Hotels
209 Walnut Ave Oklahoma City, OK 73104-2213
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US69-0642157
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2014
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
123,969 SF
Lot
3.38 ac (147,102 SF)
APN
02-002-4650
UPID
US69-0642157
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
-
Aloft Oklahoma City Downtown - Bricktown Hotel & Motel
-
Levitate Grill Restaurant
-
W XYZ Bar & Grille Bar & Pub
-
LibertyX Bitcoin ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.01M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.52M
Blend (final)
Blend
$9.85M
Owner & transaction history
Okc Hh Lodging LLC · 5 yrs held
Okc Hh Lodging LLC
since 2021
Last sale
$10.6M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$15.9M
+71.3%
Retail stores
$15.3M
+64.8%
Neighborhood: shopping center
$14.1M
+51.4%
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
$9,570,000
ML approach
$9,010,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$9,285,000
Current use
OFFICE BUILDING
$15,905,000
Change: +71% · Conversion: Difficult
RETAIL STORES
$15,305,000
Change: +65% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$14,050,000
Change: +51% · Conversion: Difficult
Blend value · Realmo final
$9.85M
Range $8.86M – $10.83M · ±10% · vs last sale $10.57M (Mar 12 2021)
Last sale anchor
$10.57M
Mar 12 2021
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
$79 / 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
$124,237
Tax year 2023
Assessed value
$1,011,538
Assessed 2023
Previous assessed
$1,047,733
-3.5% YoY
Effective rate
12.28%
On assessed value
Assessed land
$145,629
Assessed improvement
$865,909
Land market value
$1,323,900
Improvement market value
$7,871,904
Total market value
$9,195,804
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
2014
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
ZONE
Cooling
YES
Buildings
2
Stories
6
Units
134
Rooms
134
Total area
123,969 SF
Lot
3.38 ac (147,102 SF)
APN
02-002-4650
UPID
US69-0642157
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
$9.3M
OFFICE BUILDING
Est. value
$15.9M
RETAIL STORES
Est. value
$15.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$14.1M
HOTEL/MOTEL Current
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
2014
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
ZONE
Cooling
Yes
Stories
6
Buildings
2
Units
134
Rooms
134
Lot
3.38 ac
Current owner
From public records · entity-resolved
Okc Hh Lodging LLC
Entity
Mailing address
2706 JAMES ST, CORALVILLE, IA 52241-1806
Ownership since
2021
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
Mar 12, 2021
$10,565,000
Okc Hh Lodging LLC
New Century Investments Vii LLC
Warranty Deed
$12,867,736 · Legacy Bank
Jul 10, 2014
—
New Century Invs Vii LLC
—
Grant Deed
related
$15,174,000 · Legacy Bk
Oct 20, 2010
$702,000
New Century Invs Vii LLC
Okc Town Center LLC
Grant Deed
—
Mar 30, 2010
$600,000
Okc Town Center LLC
Finley Ents INC
Grant Deed
$400,000 · Nbc Oklahoma
—
—
New Century Invs Vii LLC
—
Loan Modification
related
$20,041,000 · Legacy Bk
—
—
New Century Invs Vii LLC
—
Deed Of Trust
related
$16,265,219 · Legacy Bank
—
—
New Century Invs Vii LLC
—
Deed Of Trust
related
$5,000,000 · Metro Area Development Corp
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
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