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Property profile & analytics
OFF-MARKET Estimated value $1,950,000
Motels

820 Macarthur Blvd Oklahoma City, OK 73128-1017

41,027 SF 5.1 ac lot Built 1973
Entity Owned 21-yr Hold ~ Est. High Equity
Property ID
US69-2423592
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Motels
Use group MOTEL
Year built 1973
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 41,027 SF
Lot 5.1 ac (222,156 SF)
APN 14-198-3500
UPID US69-2423592
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
  • 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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.03M
Blend (final) Blend
$1.95M
Owner & transaction history
Shree Rang LLC · 21 yrs held
Shree Rang LLC
since 2005
7 recorded transactions
2007
Price N/A
2005
$1.6M
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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