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Property profile & analytics
OFF-MARKET
Estimated value
$4,590,000
Hotels
3520 135th St Oklahoma City, OK 73120-4000
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US69-0543545
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2009
Construction
WOOD FRAME
Total area
55,245 SF
Lot
2.72 ac (118,657 SF)
APN
20-770-1020
UPID
US69-0543545
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
-
Holiday Inn Express & Suites Oklahoma City NW-Quail Springs, an IHG Hotel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.20M
CAP Approach
CAP
$6.40M
Comparable Approach
Comparable
$4.95M
Blend (final)
Blend
$4.59M
Owner & transaction history
Ketankumar K Sheth · 5 yrs held
Ketankumar K Sheth
since 2021
Last sale
$4.8M
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$7.6M
+84.2%
Office building
$7.1M
+71.3%
Retail stores
$6.8M
+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
$4,300,000
ML approach
$4,195,000
CAP Approach
CAP Return
Estimation
6%
$6,930,000
6.5%
$6,395,000
7%
$5,940,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$4,135,000
Current use
COMMERCIAL (GENERAL)
$7,620,000
Change: +84% · Conversion: Difficult
OFFICE BUILDING
$7,090,000
Change: +71% · Conversion: Difficult
RETAIL STORES
$6,820,000
Change: +65% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$6,260,000
Change: +51% · Conversion: Difficult
Blend value · Realmo final
$4.59M
Range $4.13M – $5.05M · ±10% · vs last sale $4.75M (Jun 16 2021)
Last sale anchor
$4.75M
Jun 16 2021
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
$83 / 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
$62,573
Tax year 2023
Assessed value
$525,734
Assessed 2023
Previous assessed
$525,734
+0.0% YoY
Effective rate
11.90%
On assessed value
Assessed land
$228,443
Assessed improvement
$297,291
Land market value
$2,076,760
Improvement market value
$2,702,640
Total market value
$4,779,400
Applied tax rate
212.0000
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
2009
Construction
WOOD FRAME
Heating
HEAT PUMP
Cooling
YES
Stories
3
Units
92
Rooms
92
Total area
55,245 SF
Lot
2.72 ac (118,657 SF)
APN
20-770-1020
UPID
US69-0543545
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
$4.1M
COMMERCIAL (GENERAL)
Est. value
$7.6M
OFFICE BUILDING
Est. value
$7.1M
RETAIL STORES
Est. value
$6.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$6.3M
HOTEL/MOTEL Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
RETAIL STORES
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
2009
Construction
WOOD FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
3
Units
92
Rooms
92
Lot
2.72 ac
Current owner
From public records · entity-resolved
Ketankumar K Sheth
Individual
Mailing address
1905 S MERIDIAN AVE, OKLAHOMA CITY, OK 73108-1719
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 16, 2021
$4,750,000
Ketankumar K Sheth
Mpmh Investments LLC
Warranty Deed
$4,160,000 · Spiritbank
Dec 28, 2012
—
Mpmh Investments LLC
Hembree,roger & Mitzie J
Quit Claim Deed
—
Apr 5, 2007
$1,100,000
Roger Hembree
Colonial Dev LP INC
Grant 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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