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Property profile & analytics
OFF-MARKET Estimated value $12,945,000
Hotels

616 7th St Tulsa, OK 74127-8901

350,846 SF 3.65 ac lot Built 1981
Entity Owned 8-yr Hold Absentee Owner Free & Clear
Property ID
US69-0589896
Property profile
Verified
Property type Hotels
Use group HOTEL
Year built 1981
Construction CONCRETE
Total area 350,846 SF
Lot 3.65 ac (158,820 SF)
Zoning code CBD
APN 23325-92-11-02020
UPID US69-0589896
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
  • cox business center Telecommunications Service
  • Seven West Cafe Cafe & Coffee Shop
  • Made Market Restaurant
  • POH Industrial Manufacturer Production Facility
  • F C T I Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$13.54M
Comparable Approach Comparable
$8.06M
Blend (final) Blend
$12.95M
Owner & transaction history
Tulsa Hotel Property LLC · 8 yrs held
Tulsa Hotel Property LLC
since 2018
4 recorded transactions
2018
Price N/A
2018
$10.9M
2009
Price N/A
1969
Price N/A
Zoning & alternative use
CBD · Tulsa, OK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

CBD Central Business IL Industrial-Light IM Industrial-Moderate IH Industrial-Heavy Most intensive O, C or I district B. Purposes. 1. General. Office, commercial and industrial zoning districts are intended to accommodate and promote neighborhood, community- and region-serving commercial uses, as well as industrial and employment uses. 2. OL district. The OL…

Zone name Central Business District
General category COMMERCIAL
Zone area 744.02 ac
Source code of ordinances
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