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Property profile & analytics
OFF-MARKET
Estimated value
$2,490,000
Hotels
3005 Owen K Garriott Rd Enid, OK 73703-5235
Entity Owned
4-yr Hold
Free & Clear
Property ID
US69-0916332
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1971
Total area
65,626 SF
Lot
3.05 ac (132,989 SF)
APN
0000-14-22N-07W-1-354-00
UPID
US69-0916332
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
-
Ramada by Wyndham Enid Hotel & Motel
-
Raymie's Restaurant
-
LibertyX Bitcoin ATM Atm
-
The Lounge @ Ramada Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.37M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.11M
Blend (final)
Blend
$2.49M
Owner & transaction history
Aarna Sneh Sat Hotel LLC · 4 yrs held
Aarna Sneh Sat Hotel LLC
since 2022
Last sale
$2.7M
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$4.0M
+118.3%
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 Enid submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Enid 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
$2,665,000
ML approach
$2,370,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$1,830,000
Current use
WAREHOUSE, STORAGE
$3,990,000
Change: +118% · Conversion: Difficult
Blend value · Realmo final
$2.49M
Range $2.24M – $2.74M · ±10% · vs last sale $2.65M (Mar 1 2022)
Last sale anchor
$2.65M
Mar 1 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
$38 / 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
$93,711
Tax year 2023
Assessed value
$887,924
Assessed 2023
Previous assessed
$281,055
+215.9% YoY
Effective rate
10.55%
On assessed value
Assessed land
$56,524
Assessed improvement
$831,400
Land market value
$452,190
Improvement market value
$6,651,199
Total market value
$7,103,389
Applied tax rate
27.0000
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
1971
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Rooms
100
Bathrooms
84
Total area
65,626 SF
Lot
3.05 ac (132,989 SF)
APN
0000-14-22N-07W-1-354-00
UPID
US69-0916332
Jurisdiction
GARFIELD
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
$1.8M
WAREHOUSE, STORAGE
Est. value
$4.0M
HOTEL/MOTEL Current
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
1971
Heating
CENTRAL
Cooling
Yes
Stories
2
Rooms
100
Bathrooms
84
Lot
3.05 ac
Current owner
From public records · entity-resolved
Aarna Sneh Sat Hotel LLC
Entity
Free & Clear · 4 yrs held
Mailing address
2713 W OWEN K GARRIOTT RD, ENID, OK 73703-5228
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 13, 2023
—
Mayuri Hotel LLC
—
Deed
related
$140,000 · Cleo State Bank
Mar 1, 2022
$2,650,000
Aarna Sneh Sat Hotel LLC
Triple R Enterprises INC
Warranty Deed
—
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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