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Property profile & analytics
FOR SALE
Hotels
2501 Centennial Dr N Ardmore, OK 73401
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US69-1803016
For Sale
$5,650,000
2501 Centennial Dr N, Ardmore, OK 73401
View Listing →
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2006
Total area
50,250 SF
Lot
2.2 ac (95,832 SF)
APN
0170-00-001-002-0-001-00
UPID
US69-1803016
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
-
2501 Centennial Drive North Parking Parking Lot & Garage
-
SpringHill Suites Ardmore Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.78M
CAP Approach
CAP
$4.96M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.02M
Owner & transaction history
Ajp LLC · 4 yrs held
Ajp LLC
since 2022
Last sale
$4.0M
1 recorded transaction
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 Ardmore submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ardmore 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
$4,030,000
ML approach
$3,780,000
CAP Approach
CAP Return
Estimation
6%
$5,370,000
6.5%
$4,955,000
7%
$4,605,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$6,010,000
Change: 0% · Conversion: Difficult
RESTAURANT
$5,635,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$5,215,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,450,000
Change: 0% · Conversion: Difficult
WAREHOUSE, STORAGE
$3,320,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$4.02M
Range $3.61M – $4.42M · ±10% · vs last sale $4.01M (May 19 2022)
Last sale anchor
$4.01M
May 19 2022
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
$80 / 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
$47,552
Tax year 2023
Assessed value
$481,200
Assessed 2023
Previous assessed
$704,556
-31.7% YoY
Effective rate
9.88%
On assessed value
Assessed land
$54,979
Assessed improvement
$426,221
Land market value
$458,160
Improvement market value
$3,551,840
Total market value
$4,010,000
Applied tax rate
1.0000
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
For Sale
Year built
2006
Heating
HEAT PUMP
Cooling
YES
Stories
3
Total area
50,250 SF
Lot
2.2 ac (95,832 SF)
APN
0170-00-001-002-0-001-00
UPID
US69-1803016
Jurisdiction
CARTER
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
$6.0M
RESTAURANT
Est. value
$5.6M
RETAIL STORES
Est. value
$5.2M
AUTO REPAIR, GARAGE
Est. value
$4.5M
WAREHOUSE, STORAGE
Est. value
$3.3M
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
2006
Heating
HEAT PUMP
Cooling
Yes
Stories
3
Lot
2.2 ac
Current owner
From public records · entity-resolved
Ajp LLC
Entity
Mailing address
4750 TRAVERTINE, ARDMORE, OK 73401-5523
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 19, 2022
$4,010,000
Ajp LLC
Black Diamond Hospitality LLC
Warranty Deed
$3,600,000 · First National Bank & Trust Co
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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