Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    2114 SE Washington Blvd Bartlesville, OK 74006

    • Commercial real estate
    • 3,921 SF
    • 0.54 lot acres
    For Sale
    View listing
    $899,900
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US69-0838510
    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.

    Current Use by Public Records

    • Dayspring Community Services of Oklahoma / Mental Health Service
    • ProMortgage Associates, Inc. / Mortgage Broker / Loan Agency

    Property Details for 2114 SE Washington Blvd

    Year built
    2006
    Lot size
    0.54 lot acres
    Property size
    3,921 SF
    Property type
    Commercial real estate
    APN
    010342-002001-000000-02
    APU
    1034200200100000002

    Description

    This exceptional 3,921 square foot office building presents a unique investment opportunity in Bartlesville, Oklahoma. Situated on a 0.54-acre lot with high visibility directly on Highway 75, this property boasts a classic exterior design and a spacious interior layout ready for customization. The building's prime location offers unparalleled access to a thriving business community, with nearby restaurants, retail establishments, and other businesses providing convenience and attracting clientele. Ample parking is available on-site, ensuring ease of access for employees and visitors. The timeless architecture provides a strong foundation for a variety of uses, making it ideal for businesses seeking a prominent location or developers envisioning a modern office space renovation. The asking price of $950,000 reflects the significant potential this property holds in a desirable area with high traffic volume. This is a rare chance to acquire a well-positioned commercial property with substantial upside potential in a growing market. The spacious interior offers flexibility for various business needs and the high visibility ensures maximum exposure. This property is ready for immediate occupancy or redevelopment, presenting a compelling investment opportunity for discerning buyers. The combination of location, size, and potential makes this a truly exceptional offering.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $325,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $534,000
      Market price range: $160k - $534k

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

    Location Insight

    • Map
    • Local Demand
    City
    Bartlesville
    County
    Washington
    State
    Oklahoma
    Longitude
    -95.9348
    Latitude
    36.72
    CBSA code
    12780
    CBSA name
    BARTLESVILLE, OK MICROPOLITAN 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
    $9,605
    $14,551
    $66,114
    $80,665
    -
    $121,260
    $550,950
    $672,210

    Comparable in this City

    • Value Estimation
      $250,000
      0.28 Acres

      Bartlesville, OK 74006

      COMMERCIAL (GENERAL) • 0.28 Acres
      Bartlesville, OK 74006
      View Details
    • Value Estimation
      $255,000
      0.86 Acres

      Bartlesville, OK 74006

      COMMERCIAL (GENERAL) • 0.86 Acres
      Bartlesville, OK 74006
      View Details
    • Value Estimation
      $255,000
      0.38 Acres

      340 Washington Blvd

      COMMERCIAL (GENERAL) • 0.38 Acres
      340 Washington Blvd, Bartlesville, OK 74006-1516
      View Details
    • Value Estimation by Request

      127 Howard Ave

      COMMERCIAL (GENERAL)
      127 Howard Ave, Bartlesville, OK 74006-1608
      View Details
    • Value Estimation
      $255,000
      0.32 Acres

      Bartlesville, OK 74006

      COMMERCIAL (GENERAL) • 0.32 Acres
      Bartlesville, OK 74006
      View Details
    • Value Estimation by Request

      Bartlesville, OK 74006

      COMMERCIAL (GENERAL)
      Bartlesville, OK 74006
      View Details

    Similar Nearby for Sale

    • $299,900

      Bartlesville Commercial Land Development

      Prime OK commercial lot, seller financing available.
      0 Adams Rd, Bartlesville, OK 74006
      View Details
    • $45,000
      0.42 Acres

      Residential Lot in Bartlesville, OK

      Residential lot with easy access to highways and local amenities.
      2915 SE Pheasant Ct, Bartlesville, OK 74006
      View Details
    • $50,000
      1.29 Acres

      Residential Land in Bartlesville, OK

      Over an acre, ready to build near Bartlesville.
      24138 W 3983 Dr, Bartlesville, OK 74006
      View Details
    • $50,000
      1.29 Acres

      Residential Land in Bartlesville, OK

      Over an acre, ready to build near Bartlesville.
      24131 W 3983 Dr, Bartlesville, OK 74006
      View Details
    • $72,500
      0.83 Acres

      Residential Lot in Philmoor Estates

      Residential lot available in sought-after Philmoor Estates neighborhood.
      3967 N 3967 Rd, Bartlesville, OK 74006
      View Details
    • Contact for pricing
      0.91 Acres

      Bartlesville Land: Hwy 75 & Phillips

      Prime Bartlesville commercial lot, 0.91 acres.
      0 Seq Of 75 & Phillips Blvd, Bartlesville, OK 74006
      View Details

    Similar Nearby for Lease

    • $11 SF/Yr
      4,008 SF

      Retail Space at High-Traffic Intersection

      Retail space available at a heavily trafficked intersection.
      3820-3928 E Frank Phillips Blvd, Bartlesville, OK 74006
      View Details
    • $9 SF/Yr
      42,444 SF

      Retail Space in Eastgate Center

      Recently renovated retail space in high-traffic shopping center.
      564 SW Washington Blvd, Bartlesville, OK 74006
      View Details
    • $10 SF/Yr
      8,700 SF

      Patriot Plaza: Commercial Condos

      Flexible Office Suites, Prime Location
      2230 Washington Blvd, Bartlesville, OK 74006
      View Details
    • $16 SF/Yr
      1,375 SF

      Retail/Office Space in Bartlesville

      Retail or office space with highway access near downtown.
      200 SE Washington Blvd, Bartlesville, OK 74006
      View Details
    • $10 SF/Yr
      1,114 SF

      Adaptable Commercial Condos For Rent

      Two-story commercial condos with flexible layouts, suitable for various businesses.
      2230-2232 SE Washington Blvd, Bartlesville, OK 74006
      View Details
    • Contact for pricing
      357,202 SF

      Washington Park Mall: Bartlesville, OK

      Prime Retail Space, Oklahoma's Premier Mall
      2350 Washington Blvd, Bartlesville, OK 74006
      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.
    2114 SE Washington Blvd
    Bartlesville, OK 74006
    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

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.