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Property profile & analytics
OFF-MARKET
Estimated value
$2,320,000
Hotels
774 Lynn Riggs Blvd Claremore, OK 74017-8712
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US69-0296285
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2015
Total area
42,147 SF
Lot
1.33 ac (57,935 SF)
APN
16315
UPID
US69-0296285
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
-
Weekly Gathering Claremore Reveille Rotary Nightclub Music Venue
-
OKIE WONDERLAND CLAREMORE (Bike/Boat/Book/etc) Store
-
La Quinta Inn & Suites by Wyndham Claremore Hotel & Motel
-
Green Mountain Dispensary (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.32M
Owner & transaction history
Maruti Lodging Investment LLC · 8 yrs held
Maruti Lodging Investment LLC
since 2018
7 recorded transactions
Zoning & alternative use
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 Claremore submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Claremore 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
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$3,830,000
Change: 0% · Conversion: Difficult
WAREHOUSE, STORAGE
$3,770,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$2.32M
Range $2.09M – $2.55M · ±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
$55 / 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
$39,985
Tax year 2023
Assessed value
$436,520
Assessed 2023
Previous assessed
$415,734
+5.0% YoY
Effective rate
9.16%
On assessed value
Assessed land
$44,000
Assessed improvement
$392,520
Land market value
$400,000
Improvement market value
$3,640,162
Total market value
$4,040,162
Applied tax rate
17.0000
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
2015
Heating
YES
Cooling
YES
Stories
3
Total area
42,147 SF
Lot
1.33 ac (57,935 SF)
APN
16315
UPID
US69-0296285
Jurisdiction
ROGERS
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
AUTO REPAIR, GARAGE
Est. value
$3.8M
WAREHOUSE, STORAGE
Est. value
$3.8M
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
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
2015
Heating
YES
Cooling
Yes
Stories
3
Lot
1.33 ac
Current owner
From public records · entity-resolved
Maruti Lodging Investment LLC
Entity
Mailing address
774 S LYNN RIGGS BLVD, CLAREMORE, OK 74017-8712
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 5, 2019
—
Maruti Lodging Investment LLC
—
Deed
related
$3,184,770 · Fort Gibson St Bk
Jun 27, 2019
—
Maruti Lodging Investment LLC
—
Deed
related
$3,185,431 · Fort Gibson St Bk
Jan 11, 2019
—
Maruti Lodging Investment LLC
—
Deed
related
$3,184,770 · Fort Gibson St Bk
May 11, 2018
—
Maruti Lodging Investment LLC
—
Deed
related
$3,184,770 · Fort Gibson State Bank
Jan 12, 2018
$3,000,000
Maruti Lodging Investment LLC
Znt INC
Warranty Deed
$3,156,863 · Fort Gibson State Bank
Jul 25, 2013
—
Znt INC
Dailey Ents INC
Grant Deed
related
—
Jul 12, 2013
—
Znt INC
Dailey Ents INC
Grant Deed
related
—
Jul 5, 2013
$400,000
Znt INC
Dailey Ents INC
Warranty Deed
—
—
—
Znt INC
—
Loan Modification
related
$3,800,000 · Peoples Bk
—
—
Maruti Lodging Investment LLC
—
Loan Modification
related
$3,185,431 · Fort Gibson St Bk
—
—
Maruti Lodging Investment LLC
—
Loan Modification
related
$3,184,770 · Fort Gibson St Bk
—
—
Maruti Lodging Investment LLC
—
Loan Modification
related
$3,184,770 · Fort Gibson St Bk
—
—
Znt INC
—
Deed Of Trust
related
$150,000 · Private Individual
—
—
Znt INC
—
Deed Of Trust
related
$3,485,000 · First Pryority Bk
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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