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Property profile & analytics
OFF-MARKET
Estimated value
$1,385,000
Motels
301 Council Rd Oklahoma City, OK 73128-4216
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US69-0302379
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1981
Construction
BRICK
Total area
19,552 SF
Lot
1.17 ac (50,965 SF)
APN
14-201-1025
UPID
US69-0302379
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
-
Super 40 Inn Hotel & Motel
-
Northwest Insulation Co General Contractor Renovation Specialist
-
OKC Hotel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.35M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.39M
Blend (final)
Blend
$1.39M
Owner & transaction history
Diamond Lodging LLC · 4 yrs held
Diamond Lodging LLC
since 2022
Last sale
$1.4M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$2.2M
+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
$1,370,000
ML approach
$1,350,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$1,465,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$2,215,000
Change: +51% · Conversion: Difficult
Blend value · Realmo final
$1.39M
Range $1.25M – $1.52M · ±10% · vs last sale $1.40M (Mar 23 2022)
Last sale anchor
$1.40M
Mar 23 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
$71 / 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
$16,557
Tax year 2023
Assessed value
$141,891
Assessed 2023
Previous assessed
$101,630
+39.6% YoY
Effective rate
11.67%
On assessed value
Assessed land
$20,185
Assessed improvement
$121,706
Land market value
$183,500
Improvement market value
$1,106,423
Total market value
$1,289,923
Applied tax rate
541.0000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1981
Construction
BRICK
Heating
HEAT PUMP
Cooling
YES
Stories
2
Units
52
Rooms
52
Total area
19,552 SF
Lot
1.17 ac (50,965 SF)
APN
14-201-1025
UPID
US69-0302379
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
$1.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.2M
HOTEL/MOTEL Current
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
1981
Construction
BRICK
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Units
52
Rooms
52
Lot
1.17 ac
Current owner
From public records · entity-resolved
Diamond Lodging LLC
Entity
Mailing address
301 S COUNCIL RD, OKLAHOMA CITY, OK 73128-4216
Mailing matches property
Yes
Owner-occupied
Yes
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 23, 2022
$1,400,000
Diamond Lodging LLC
Vikas Enterprises INC
Warranty Deed
$1,460,921 · Quail Creek Bank
Dec 10, 2019
$580,000
Tjk Properties LLC
Sicka Gary L Trust
Warranty Deed
—
Apr 17, 2018
—
Sicka,gary L Trust
—
Deed
related
$1,036,150 · Rcb Bk
Nov 14, 2017
—
Gary Lee Sicka
—
Deed
related
$1,078,226 · Rcb Bank
Dec 28, 1998
$1,075,000
Vikas Enterprises INC
I-40 Motels INC
Grant Deed
$850,000 · Bank Of Union
—
—
Vikas Ents INC
—
Deed Of Trust
related
$995,000 · First Bethany Bank & Trust NA
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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