Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    820 Macarthur Blvd Oklahoma City, OK 73128-1017
    Back to Search
    Property profile & analytics

    820 Macarthur Blvd, Oklahoma City, OK 73128-1017

    View on Map
    • Motels
    • 41,027 SF
    • 5.10 lot acres
    Off-Market
    Property ID
    US69-2423592
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $1,950,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Castle Falls / Restaurant
    • Travelers Inn & Suites Oklahoma City Airport / Hotel & Motel
    • Bamboo Lounge / Nightclub / DJ & Entertainment
    • The Grande Hall Event Venue at Castle Falls / Hotel & Motel / Resort

    Property Details for 820 Macarthur Blvd

    Year built
    1973
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    5.10 lot acres
    Property type
    Motels
    APN
    14-198-3500
    APU
    141983500

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jun 26, 2007 — Ralph D Rollins — Trustees Deed · related $153k · Sooner State Bank The Village
    Mar 9, 2005 $1,611,500 Shree Rang LLC Dev Inn INC Warranty Deed $806k · Quail Creek Bank
    — — Shree Rang LLC — Deed Of Trust · related $100k · Quail Creek Bank
    — — Shree Rang LLC — Deed Of Trust · related $581k · Metro Area Dev Corp
    — — Shree Rang LLC — Loan Modification · related —
    — — Shree Rang LLC — Loan Modification · related —
    — — Shree Rang LLC — Deed Of Trust · related $175k · Quail Creek Bank

    Description

    This exceptional 5.1-acre commercial land parcel, located at 820 S MacArthur Blvd in Oklahoma City, Oklahoma, presents a significant investment opportunity. Priced at $5,500,000, this property boasts a prime location offering unparalleled convenience and accessibility. Its proximity to Will Rogers World Airport ensures easy access for travelers, while the immediate vicinity of Interstate 40 provides seamless connectivity throughout Oklahoma City and beyond. The area also benefits from the presence of established businesses, including a Sam's Club, catering to a wide range of consumer needs. Furthermore, several nearby hotels, such as the Comfort Inn & Suites, La Quinta Inn & Suites, and Holiday Inn Express, provide ample accommodation options for visitors and contribute to the area's vibrant commercial activity. This strategic location, combined with the substantial lot size, makes this property ideal for a variety of commercial developments, offering significant potential for future growth and return on investment. The property is situated in Oklahoma County, Oklahoma, with a zip code of 73128. This is a rare opportunity to acquire a large, well-located commercial land parcel in a thriving area of Oklahoma City.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,028,000
      Market price range: $2.03M - $3.87M

    • Alternative Use

      Use
      Estimation
      HOTEL/MOTEL
      $3,075,000
      Current use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Oklahoma City
    County
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.6175
    Latitude
    35.4575
    CBSA code
    36420
    CBSA name
    OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $13,410
    $59,519
    $50,481
    $110,000
    -
    $541,088
    $458,912
    $1,000,000

    Comparable in this City

    • Value Estimation
      $3,420,000
      73,560 SF

      4700 3rd St

      MOTEL
      4700 3rd St, Oklahoma City, OK 73128
      View Details
    • Value Estimation
      $990,000
      16,136 SF

      4561 3rd St

      MOTEL
      4561 3rd St, Oklahoma City, OK 73128-1100
      View Details
    • Value Estimation
      $810,000
      15,775 SF

      4602 Enterprise Way

      MOTEL
      4602 Enterprise Way, Oklahoma City, OK 73128-1429
      View Details
    • Value Estimation
      $1,160,000
      23,592 SF

      321 Rockwell Ave

      MOTEL
      321 Rockwell Ave, Oklahoma City, OK 73128-2221
      View Details
    • Value Estimation
      $1,805,000
      35,510 SF

      4601 3rd St

      MOTEL
      4601 3rd St, Oklahoma City, OK 73128-1104
      View Details
    • Value Estimation
      $665,000
      10,152 SF

      4525 3rd St

      MOTEL
      4525 3rd St, Oklahoma City, OK 73128
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      6,733 SF

      Freestanding Restaurant on 1.82 Acres

      Freestanding restaurant with corporate lease and rent increase.
      300 Outlet Shoppes Dr, Oklahoma City, OK 73128
      View Details
    • Contact for pricing
      44,000 SF

      New Flex Park For Sale

      New flex park suitable for office, warehouse, and industrial uses.
      5000 SW 20Th St, Oklahoma City, OK 73128
      View Details
    • $1,300,000

      Industrial Land For Sale

      Building under construction in established Industrial Park.
      4901 Bishop Dr, Oklahoma City, OK 73128
      View Details
    • Contact for pricing
      4,732 SF

      New 7-Eleven NNN Lease

      New construction 7-Eleven on 5.158+/- acre site.
      1501 S Council Rd, Oklahoma City, OK 73128
      View Details
    • $2,500,000

      Commercial Land For Sale

      Commercial land available on S Morgan Road, Oklahoma City.
      1451 S Morgan Rd, Oklahoma City, OK 73128
      View Details
    • Contact for pricing
      9,740 SF

      Freestanding Restaurant on Net Lease

      Freestanding restaurant with 7 years remaining on absolute net lease.
      6320 SW 3Rd St, Oklahoma City, OK 73128
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Industrial Single Tenant Opportunity

      16,000 SqFt industrial space available for single tenant.
      2415 S Nicklas Ave, Oklahoma City, OK 73128
      View Details
    • Contact for pricing
      30,000 SF

      Modern Industrial Facility For Lease

      30,000 SF industrial space built in 2020.
      4700 SW 25Th Cir, Oklahoma City, OK 73128
      View Details
    • Contact for pricing

      Prime Land in Westgate Marketplace

      Premier retail destination in western Oklahoma City.
      6617 SW 3Rd St, Oklahoma City, OK 73128
      View Details
    • $20 SF/Yr
      1,460 SF

      Oklahoma City Retail Space Available

      1,460 SF retail/office space with highway visibility near OKC Outlet.
      8020 Southwest 3Rd St, Oklahoma City, OK 73128
      View Details
    • Contact for pricing
      8,464 SF

      Oklahoma City Warehouse Space Available

      8,464 SF warehouse space for lease in Oklahoma City.
      4701 SW 18Th St, Oklahoma City, OK 73128
      View Details
    • Contact for pricing
      1,300 SF

      New Retail Space For Rent

      New construction retail space with ample parking in growing market.
      1600 S Morgan Rd, Oklahoma City, OK 73128
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    820 Macarthur Blvd
    Oklahoma City, OK 73128-1017
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    820 Macarthur Blvd, Oklahoma City, OK, 73128
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!