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    1212 North Kentucky St Panama, OK 74951

    Picture of Retail space at North Kentucky St 1212, Panama, OK
    For Sale
    $79,500

    Commercial Building - Panama, OK

    Property size:
    1,200 SF
    Lot size:
    0.39 Acres
    Days on Market:
    197
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 1212 North Kentucky St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    200
    Rooms
    Bathroom 1
    Bathrooms
    1
    APN
    N060-09-08N-25E-0-005-00
    Parking features
    Garage
    Size
    1,200 SF
    Lot size
    0.39 Acres

    Building Details

    Year built
    1972
    Year renovated
    1972
    Building materials
    Brick, Vinyl Siding
    Roof type
    Metal
    Architectural style
    Other

    Just For You Properties (918) 647-2067

    Listing agent Greg Acord (918) 647-2067

    Listing date May 23, 2025

    MLS# 11417595 Listing URL

    Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Building on Highway 59

    This commercial investment property is situated on a 0.39-acre lot with access to Kentucky Avenue, also known as Highway 59, on the north side of Panama, Oklahoma. The 1,200 square foot commercial building features a large, open reception area, a kitchen/breakroom, and a commercial bathroom. Additional features include a covered front entryway, a drive-in window, and large highway frontage advertising signage. The building is currently vacant and suitable for multi-use purposes, including office, medical, food service, and retail. This property could be a suitable location for a startup business or a commercial rental property investment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Spa & Massage Law Firm Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Panama
    County
    Le Flore
    State
    Oklahoma
    Longitude
    -94.673082
    Latitude
    35.179755

    Nearby Similar for Sale

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      22-Unit Storage Facility For Sale

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    • $110,000
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      Storage Facility with Highway Frontage

      22-unit storage facility with high-visibility highway frontage in Panama, OK.
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    • $150,000
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      Established Retail Business in Panama

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      305 N Kentucky St, Panama, OK 74951
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    FAQs

    What type of property is this?
    Retail space - Commercial investment property suitable for office, medical, food service, retail.
    Where is this retail space located?
    The property is located at 1212 North Kentucky St Panama, OK.
    What is the asking price?
    The asking price for this property is $79,500.
    What are key features of this property?
    This property features: - Highway frontage on Kentucky Avenue (Highway 59) for **high visibility**.; - 0.39-acre lot suitable for various commercial uses.; - **1,200 sq ft commercial building adaptable** for office, medical, food service, or retail.
    (918) 647-2067
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    Panama, OK 74951
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    Realmo Value Estimation

    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.

    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.

    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
    1212 North Kentucky St Panama, OK 74951
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