Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3709 39th St Oklahoma City, OK 73112-2957
    Back to Search
    Property profile & analytics

    3709 39th St, Oklahoma City, OK 73112-2957

    View on Map
    • Motels
    • 34,866 SF
    • 1.61 lot acres
    Off-Market
    Property ID
    US69-0119607
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $1,680,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Hospitality Inn / Hotel & Motel

    Property Details for 3709 39th St

    Year built
    1981
    Construction
    WOOD FRAME
    Lot size
    1.61 lot acres
    Property type
    Motels
    APN
    14-548-7500
    APU
    145487500

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jul 6, 2017 $1,350,000 Jay Prabhu Enterprises LLC Hollywood LLC Warranty Deed $907k · Prosperity Bank
    Jun 27, 2000 $1,350,000 Ma Laxami Corp Patel,vasant & Kanchan Grant Deed $1.1M · Norwest Bank Minnesota
    Oct 5, 1999 — Citizens State Bank Rekha Corp Trustees Deed · related —
    — — Hollywood — Loan Modification · related $180k · Prosperity Bk

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,723,000
      Market price range: $1.72M - $3.29M

    • Alternative Use

      Use
      Estimation
      HOTEL/MOTEL
      $2,610,000
      Current use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Oklahoma City
    County
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.5845
    Latitude
    35.512
    CBSA code
    36420
    CBSA name
    OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $17,433
    $27,500
    $115,500
    $143,000
    -
    $250,000
    $1,050,000
    $1,300,000

    Comparable in this City

    • Value Estimation by Request
      3,125 SF

      3520 39th St

      MOTEL
      3520 39th St, Oklahoma City, OK 73112-6366
      View Details
    • Value Estimation
      $2,580,000
      55,420 SF

      2801 I 44th Service Rd

      MOTEL
      2801 I 44th Service Rd, Oklahoma City, OK 73112-3703
      View Details
    • Value Estimation
      $1,900,000
      39,706 SF

      4017 39th St

      MOTEL
      4017 39th St, Oklahoma City, OK 73112-2963
      View Details
    • Value Estimation
      $2,685,000
      48,963 SF

      2720 Expy Expressway

      MOTEL
      2720 Expy Expressway, Oklahoma City, OK 73112-7048
      View Details
    • Value Estimation
      $1,185,000
      22,398 SF

      2801 I 44th Service Rd

      MOTEL
      2801 I 44th Service Rd, Oklahoma City, OK 73112-3703
      View Details
    • Value Estimation
      $2,475,000
      43,088 SF

      3800 I 44th Service Rd

      MOTEL
      3800 I 44th Service Rd, Oklahoma City, OK 73112-6600
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Multifamily Community in Oklahoma City

      100-unit multifamily property with value-add opportunity in Oklahoma City.
      5660 N May Ave, Oklahoma City, OK 73112
      View Details
    • $283,000
      2,734 SF

      Oklahoma City Duplex For Sale

      Spacious duplex in northwest OKC, move-in ready, convenient location.
      3409 Cameron Ct, Oklahoma City, OK 73112
      View Details
    • $1,200,000
      3,700 SF

      Oklahoma City Retail Opportunity

      Income-producing retail property with established liquor store and additional tenant.
      3637 N Pennsylvania Ave, Oklahoma City, OK 73112
      View Details
    • Contact for pricing
      60,012 SF

      Oklahoma City Office Investment Opportunity

      Stabilized office building with long-term tenants, 78% occupied.
      4200 Perimeter Center Dr, Oklahoma City, OK 73112
      View Details
    • Contact for pricing

      Redevelopment Opportunity with Highway Frontage

      2.59 acres with 12,000 SF building, ideal for redevelopment.
      2403 I 44 Service Rd, Oklahoma City, OK 73112
      View Details
    • $332,750
      Pending

      Oklahoma City Industrial Buildings

      Two industrial buildings on almost one acre near I-44.
      3324 NW 38Th St, Oklahoma City, OK 73112
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      178,000 SF

      Furnished Suites in Founders Tower

      Executive suites with full service lease in landmark building.
      5900 Mosteller Dr, Oklahoma City, OK 73112
      View Details
    • $15 SF/Yr

      Remodeled Office Space Available

      Recently remodeled office space with convenient access to major thoroughfares.
      2837 NW 58Th St, Oklahoma City, OK 73112
      View Details
    • Contact for pricing
      4,229 SF

      Office Space in Oil Center

      Office space for lease in the Oil Center area.
      2601 Expressway NW, Oklahoma City, OK 73112
      View Details
    • Contact for pricing
      7,144 SF

      Office Space with Ample Parking

      Office space for rent with utilities and maintenance included.
      3525 NW 56Th St, Oklahoma City, OK 73112
      View Details
    • Contact for pricing
      2,580 SF

      Retail Space with Flexible Layout

      Open retail space in convenient location near amenities and major corridors.
      3121 N Pennsylvania Ave, Oklahoma City, OK 73112
      View Details
    • $18 SF/Yr
      8,222 SF

      Oklahoma City Mid-Rise Office

      Four-story office building with convenient access to major routes.
      6303 North Portland Ave, Oklahoma City, OK 73112
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3709 39th St
    Oklahoma City, OK 73112-2957
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3709 39th St, Oklahoma City, OK, 73112
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!