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Property profile & analytics
OFF-MARKET
Estimated value
$1,555,000
Hotels
7004 Olympia Ave Tulsa, OK 74132-1847
Entity Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US69-0570144
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2009
Construction
STEEL FRAME
Total area
59,560 SF
Lot
2.73 ac (118,745 SF)
Zoning code
CO
APN
71515-82-02-06970
UPID
US69-0570144
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
-
Hampton Inn & Suites Tulsa/Tulsa Hills Hotel & Motel
-
bestwestern Hotel & Motel
-
Tulsa Life Church Church
-
Quality and NDT Solutions Consultant
-
hampton inn tulsa south Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.62M
Blend (final)
Blend
$1.56M
Owner & transaction history
Sheridan Properties INC · 12 yrs held
Sheridan Properties INC
since 2013
7 recorded transactions
Zoning & alternative use
CO · Tulsa, 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 Tulsa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tulsa 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.56M
Range $1.40M – $1.71M · ±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
$26 / 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
$57,385
Tax year 2023
Assessed value
$415,800
Assessed 2023
Previous assessed
$396,000
+5.0% YoY
Effective rate
13.80%
On assessed value
Assessed land
$92,178
Assessed improvement
$323,622
Land market value
$949,800
Improvement market value
$3,334,600
Total market value
$4,284,400
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
STEEL FRAME
Heating
ZONE
Cooling
YES
Stories
4
Units
101
Total area
59,560 SF
Lot
2.73 ac (118,745 SF)
Zoning code
CO
APN
71515-82-02-06970
UPID
US69-0570144
Jurisdiction
TULSA
Zoning & alternative use
CO · Tulsa, OK
Zoning CO · permitted uses
CO · Tulsa, OK
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tulsa. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2009
Construction
STEEL FRAME
Heating
ZONE
Cooling
Yes
Stories
4
Units
101
Lot
2.73 ac
Current owner
From public records · entity-resolved
Sheridan Properties INC
Entity
Mailing address
4013 S NOGAL AVE, BROKEN ARROW, OK 74011-1001
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
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
Aug 18, 2016
—
Sheridan Properties INC
—
Deed
related
$6,200,000 · Security Nat'l Bk/enid
Sep 11, 2014
—
Sheridan Properties INC
—
Trustees Deed
related
$6,200,000 · Security Nat'l Bk/enid
Jun 2, 2014
—
Sheridan Properties INC
—
Deed Of Trust
related
$6,200,000 · Security Nat'l Bk/enid
Nov 7, 2013
$840,000
Sheridan Properties INC
Olympia Land Dev LLC
Grant Deed
$600,000 · Patriot Bank NA
Mar 30, 2009
—
Sheridan Properties INC
American Motel Investors INC
Warranty Deed
related
—
Nov 14, 2007
$620,000
American Motel Investors INC
Shadow LLC
Grant Deed
—
—
—
Sheridan Properties INC
—
Loan Modification
related
$6,200,000 · Security Nat'l Bk/enid
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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