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Property profile & analytics
FOR SALE
Motels
611 Hwy 66 Sayre, OK 73662-1210
Individually Owned
7-yr Hold
Property ID
US69-0915385
No photos on file
For Sale
Contact for pricing
611 Hwy 66, Sayre, OK 73662-1210
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Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1959
Total area
7,335 SF
Lot
0.86 ac (37,500 SF)
Zoning code
C1
APN
0640-00-010-029-0-000-00
UPID
US69-0915385
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$290k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$225k
Owner & transaction history
Patti Patten · 7 yrs held
Patti Patten
since 2019
5 recorded transactions
Zoning & alternative use
C1 · Sayre, OK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Sayre submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sayre 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
by Request
ML approach
$290,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$225k
Range $203k – $248k · ±10%
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
$31 / 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
$1,437
Tax year 2023
Assessed value
$17,672
Assessed 2023
Previous assessed
$17,672
+0.0% YoY
Effective rate
8.13%
On assessed value
Assessed land
$1,500
Assessed improvement
$16,172
Land market value
$12,500
Improvement market value
$134,766
Total market value
$147,266
Applied tax rate
14.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
For Sale
Year built
1959
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Total area
7,335 SF
Lot
0.86 ac (37,500 SF)
Zoning code
C1
APN
0640-00-010-029-0-000-00
UPID
US69-0915385
Jurisdiction
BECKHAM
Zoning & alternative use
C1 · Sayre, OKZoning C1 · permitted uses
C1 · Sayre, OK
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1959
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
0.86 ac
Current owner
From public records · entity-resolved
Patti Patten
Individual
Mailing address
18410 E 1250TH RD, SAYRE, OK 73662-6803
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 14, 2023
—
Max Patten
—
Deed
related
$125,000 · First National Bank & Trust Elk City Ok
Jul 26, 2021
—
Max Patten
—
Deed
related
$117,420 · First National Bank & Trust Elk City Ok
Jul 30, 2019
—
Patti Patten
Carla Eslick
Quit Claim Deed
related
$103,541 · The First National Bank & Trust Co
Jul 1, 2013
—
Patti Hendrix
Patti Hendrix
Intrafamily Transfer
related
—
Mar 19, 2007
$150,000
Patti Hendrix
Russell Dyson
Warranty Deed
$88,810 · Great Plains National Bank
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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