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Property profile & analytics
OFF-MARKET Estimated value $640,000
Motels

2222 Skelly Dr Tulsa, OK 74107-9036

21,504 SF 4.4 ac lot Built 1955
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US69-0280190
Property profile
Verified
Property type Motels
Use group MOTEL
Year built 1955
Construction WOOD FRAME
Total area 21,504 SF
Lot 4.4 ac (191,751 SF)
Zoning code CH
APN 99234-92-34-08040
UPID US69-0280190
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
  • Royal Inn Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$490k
CAP Approach CAP
$830k
Comparable Approach Comparable
by Request
Blend (final) Blend
$640k
Owner & transaction history
Sp LLC · 5 yrs held
Sp LLC
since 2021
1 recorded transaction
2021
Price N/A
Zoning & alternative use
CH · Tulsa, OK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

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, as well as industrial and employment uses. 2.…

Zone name Commercial High
General category COMMERCIAL
Zone area 2,143.56 ac
Source code of ordinances
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