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    401 Milt Phillips Ave Seminole, OK 74868

    For Sale
    $326,000

    Large building, high visibility, corner lot.

    Property size:
    11,516 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional commercial property, located at 401 N Milt Phillips Avenue in Seminole, Oklahoma, offers unparalleled visibility and ample space. Boasting over 11,500 square feet on a 0.68-acre corner lot, this property benefits from a prime location at a stoplight intersection on Milt Phillips Avenue (Hwy 99 and Hwy 377), ensuring high traffic volume with over 9,000 cars passing daily. The building previously housed Al & James Grocery and later the Community Market, demonstrating its adaptability for various commercial uses. The property features over 215 feet of frontage on Hwy 377 and includes a convenient loading dock, a significant advantage for many businesses. Parking is readily available with space for more than 25 vehicles. The building is zoned urban commercial, providing flexibility for a wide range of commercial ventures. Included in the sale are the existing coolers, adding further value and potential for specific business types. This is a rare opportunity to acquire a substantial, high-visibility commercial property in a thriving location. The combination of size, location, and included features makes this an exceptional investment.

    Property Features for 401 Milt Phillips Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    11,516 SF
    Lot Size
    29,621 SF

    Building Details

    Year Built
    1963
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Seminole
    County
    Seminole
    State
    Oklahoma
    Longitude
    -96.67138
    Latitude
    35.22702

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    FAQs

    What type of property is this?
    Commercial real estate - Large building, high visibility, corner lot.
    Where is this commercial real estate located?
    The property is located at 401 Milt Phillips Ave Seminole, OK.
    What is the asking price?
    The asking price for this property is $326,000.
    (405) 382-7653
    Request Owner's contact information
    401 Milt Phillips Ave Seminole, OK 74868
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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
    401 Milt Phillips Ave Seminole, OK 74868
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