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Property profile & analytics
OFF-MARKET
Estimated value
$3,360,000
Hotels
2811 Expy Expressway Oklahoma City, OK 73112-7049
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US69-0253827
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2000
Construction
WOOD FRAME
Total area
37,206 SF
Lot
1.42 ac (61,942 SF)
APN
11-996-7510
UPID
US69-0253827
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
$3.53M
CAP Approach
CAP
$4.16M
Comparable Approach
Comparable
$3.28M
Blend (final)
Blend
$3.36M
Owner & transaction history
Sagar Hotel LLC · 4 yrs held
Sagar Hotel LLC
since 2022
Last sale
$2.8M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$5.5M
+98.5%
Office building
$4.8M
+71.3%
Retail stores
$4.6M
+64.8%
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
$3,545,000
ML approach
$3,530,000
CAP Approach
CAP Return
Estimation
6%
$4,505,000
6.5%
$4,160,000
7%
$3,865,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$2,785,000
Current use
AUTO REPAIR, GARAGE
$5,530,000
Change: +99% · Conversion: Difficult
OFFICE BUILDING
$4,775,000
Change: +71% · Conversion: Difficult
RETAIL STORES
$4,595,000
Change: +65% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$4,215,000
Change: +51% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,495,000
Change: +26% · Conversion: Difficult
Blend value · Realmo final
$3.36M
Range $3.02M – $3.70M · ±10% · vs last sale $2.82M (Feb 3 2024)
Last sale anchor
$2.82M
Feb 3 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
$90 / 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
$42,773
Tax year 2023
Assessed value
$348,260
Assessed 2023
Previous assessed
$381,229
-8.6% YoY
Effective rate
12.28%
On assessed value
Assessed land
$27,257
Assessed improvement
$321,003
Land market value
$247,792
Improvement market value
$2,918,208
Total market value
$3,166,000
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
2000
Construction
WOOD FRAME
Heating
HEAT PUMP
Cooling
YES
Stories
3
Units
76
Rooms
76
Total area
37,206 SF
Lot
1.42 ac (61,942 SF)
APN
11-996-7510
UPID
US69-0253827
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
$2.8M
AUTO REPAIR, GARAGE
Est. value
$5.5M
OFFICE BUILDING
Est. value
$4.8M
RETAIL STORES
Est. value
$4.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.2M
COMMERCIAL (GENERAL)
Est. value
$3.5M
HOTEL/MOTEL Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
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
2000
Construction
WOOD FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
3
Units
76
Rooms
76
Lot
1.42 ac
Current owner
From public records · entity-resolved
Sagar Hotel LLC
Entity
Mailing address
3048 N GRAND BLVD, OKLAHOMA CITY, OK 73107-1818
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 25, 2022
$3,625,000
Sagar Hotel LLC
New Century Investments II LLC
Warranty Deed
$4,068,760 · Interbank
Feb 6, 2012
—
New Century Investments II LLC
—
Deed Of Trust
related
$5,673,956 · Quail Creek Bank
Feb 25, 2009
—
New Century Investments II LLC
New Century Invs III LLC
Quit Claim Deed
$3,678,315 · Quail Creek Bank
Mar 4, 2005
—
New Century Investments II LLC
New Century Investments INC
Quit Claim Deed
related
—
May 18, 1999
—
New Century Investments INC
Thompson,james R & Beverly A
Grant Deed
related
—
—
—
New Century Investments II LLC
—
Loan Modification
related
—
—
—
Holiday Inn Express Hotel
—
Deed Of Trust
related
$2,264,541 · Quail Creek 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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