Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,735,000
Motels
8217 I 35th Service Rd Oklahoma City, OK 73149-2901
Entity Owned
Free & Clear
Property ID
US69-0829675
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1984
Construction
WOOD FRAME
Total area
34,008 SF
Lot
1.47 ac (63,990 SF)
APN
13-230-3885
UPID
US69-0829675
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.96M
Blend (final)
Blend
$1.74M
Owner & transaction history
Okc Grand Hotel 8217 LLC
Okc Grand Hotel 8217 LLC
since 2026
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 Oklahoma City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oklahoma City 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
HOTEL/MOTEL
$2,545,000
Current use
Blend value · Realmo final
$1.74M
Range $1.56M – $1.91M · ±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
$51 / 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
$24,601
Tax year 2023
Assessed value
$207,900
Assessed 2023
Previous assessed
$198,000
+5.0% YoY
Effective rate
11.83%
On assessed value
Assessed land
$21,113
Assessed improvement
$186,787
Land market value
$256,012
Improvement market value
$2,264,900
Total market value
$2,520,912
Applied tax rate
300.0000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1984
Construction
WOOD FRAME
Heating
HEAT PUMP
Cooling
YES
Stories
3
Units
90
Rooms
90
Total area
34,008 SF
Lot
1.47 ac (63,990 SF)
APN
13-230-3885
UPID
US69-0829675
Jurisdiction
OKLAHOMA
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
HOTEL/MOTEL Current
Est. value
$2.5M
HOTEL/MOTEL Current
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
1984
Construction
WOOD FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
3
Units
90
Rooms
90
Lot
1.47 ac
Current owner
From public records · entity-resolved
Okc Grand Hotel 8217 LLC
Entity
Free & Clear · 0 yrs held
Mailing address
8217 S I 35TH SERVICE RD, OKLAHOMA CITY, OK 73149-2901
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 28, 2026
—
Okc Grand Hotel 8217 LLC
—
Deed
related
$2,256,000 · United Midwest Savings Bank
Apr 22, 2026
$1,700,000
Okc Grand Hotel 8217 LLC
Raj Krupa Hotel LLC
Special Warranty Deed
—
Nov 21, 2014
$3,485,000
Raj Krupa Hotel LLC
Samay Hotel Enterprises LLC
Warranty Deed
$3,223,000 · Pacific Premier Bank
Feb 27, 2008
$1,580,000
Samay Hotel Ent INC
Quail Creek Bank NA
Warranty Deed
$2,261,800 · All America Bank
Oct 15, 2002
—
Ambaji Enterprises INC
Gayatrie Enterprises INC
Quit Claim Deed
related
$425,000 · Patel Trust
Oct 15, 2002
$2,025,000
Ambaji Enterprises INC
Gayatrie Enterprises INC
Trustees Deed
$1,463,175 · Quail Creek Bank
Jul 23, 2001
—
Gayatrie Enterprises INC
Bcl Enterprises INC
Quit Claim Deed
related
$809,816 · Quail Creek Bank
—
—
Ambaji Enterprises INC
—
Deed Of Trust
related
$101,557 · Quail Creek Bank
—
—
Ambaji Ents INC
—
Deed Of Trust
related
$306,398 · Quail Creek Bank
—
—
Samay Hotel Ent LLC
—
Deed Of Trust
related
$2,720,565 · Quail Creek Bank
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 8217 I 35th Service Rd?
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.
