Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,235,000
Motels
8181 Skelly Dr Tulsa, OK 74129-3409
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US69-0030147
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1981
Construction
STEEL FRAME
Total area
45,278 SF
Lot
1.95 ac (85,116 SF)
Zoning code
CS
APN
43100-93-13-11670
UPID
US69-0030147
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
-
Homestay inn Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.24M
Owner & transaction history
Chirag Desai · 6 yrs held
Chirag Desai
since 2019
3 recorded transactions
Zoning & alternative use
CS · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$27 / 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
$15,801
Tax year 2023
Assessed value
$117,700
Assessed 2023
Previous assessed
$115,500
+1.9% YoY
Effective rate
13.42%
On assessed value
Assessed land
$24,222
Assessed improvement
$93,478
Land market value
$220,200
Improvement market value
$849,800
Total market value
$1,070,000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1981
Construction
STEEL FRAME
Heating
FLOOR/WALL FURNACE
Cooling
WALL UNIT
Stories
3
Units
60
Total area
45,278 SF
Lot
1.95 ac (85,116 SF)
Zoning code
CS
APN
43100-93-13-11670
UPID
US69-0030147
Jurisdiction
TULSA
Zoning & alternative use
CS · Tulsa, OK
Zoning CS · permitted uses
CS · 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
1981
Construction
STEEL FRAME
Heating
FLOOR/WALL FURNACE
Cooling
Yes
Stories
3
Units
60
Lot
1.95 ac
Current owner
From public records · entity-resolved
Chirag Desai
Individual
Mailing address
1731 N GRN AVE, PURCELL, OK 73080-1731
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 22, 2019
$1,291,000
Chirag Desai
Sairam Ents LLC
Warranty Deed
$1,080,800 · Sairam Ents LLC
Oct 19, 2007
$1,300,000
Sairam Enterprises INC
Maruti Hotel INC
Warranty Deed
$1,000,000 · Quail Creek Bank
Sep 30, 2004
$1,250,000
Maruti Hotel INC
Shree Maruti LLC
Warranty Deed
related
$124,000 · Shree Maruti LLC
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 8181 Skelly Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
