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Property profile & analytics
OFF-MARKET
Motels
322 Tonhawa St Norman, OK 73069-7124
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US69-0357810
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1994
Construction
WOOD FRAME
Total area
5,519 SF
Lot
0.51 ac (22,216 SF)
Zoning code
ZN CO
APN
NC29AAAOT 83 21002
UPID
US69-0357810
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
-
Montford Inn Bed & Breakfast Restaurant
-
Tesla Destination Charger Electric Vehicle Charging Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Montford Inn INC · 5 yrs held
Montford Inn INC
since 2021
7 recorded transactions
Zoning & alternative use
ZN CO · Norman, OK
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 Norman submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Norman 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$8,409
Tax year 2023
Assessed value
$70,028
Assessed 2023
Previous assessed
$70,028
+0.0% YoY
Effective rate
12.01%
On assessed value
Assessed land
$6,720
Assessed improvement
$63,308
Land market value
$56,000
Improvement market value
$527,569
Total market value
$583,569
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
1994
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
2
Units
1
Bathrooms
1
Total area
5,519 SF
Lot
0.51 ac (22,216 SF)
Zoning code
ZN CO
APN
NC29AAAOT 83 21002
UPID
US69-0357810
Jurisdiction
CLEVELAND
Zoning & alternative use
ZN CO · Norman, OKZoning ZN CO · permitted uses
ZN CO · Norman, OK
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
zoning ordinance 09 23 2022
Building & site characteristics
From public records
Year built
1994
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
Yes
Stories
2
Units
1
Bathrooms
1
Lot
0.51 ac
Current owner
From public records · entity-resolved
Montford Inn INC
Entity
Mailing address
322 W TONHAWA ST, NORMAN, OK 73069-7124
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
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
Jun 4, 2021
—
Montford Inn INC
—
Deed
related
$35,000 · Armstrong Bank
May 1, 2020
—
Montford Inn INC
—
Deed
related
$215,000 · Armstrong Bk
Jun 19, 2019
—
Montford Inn INC
—
Deed
related
$186,687 · Republic Bk&tr
May 1, 2019
—
Montford Inn INC
—
Deed Of Trust
related
$115,000 · Republic Bk&tr
—
—
Montford Inn INC
—
Loan Modification
related
$186,687 · Republic Bk&tr
—
—
Montford Inn INC
—
Loan Modification
related
$30,000 · Republic Bank & Trust
—
—
Montford Inn INC
—
Loan Modification
related
$215,000 · Armstrong Bk
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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