Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    204 S Chickasaw Ave Bartlesville, OK 74003

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $299,500

    Commercial lot with alley access near Homeland Grocery.

    Property size:
    5,000 SF
    Lot size:
    0.18 Acres

    Property Features for 204 S Chickasaw Ave

    General Information

    Size
    5,000 SF
    Lot size
    0.18 Acres

    We can help!

    Listing Contact
    Barbara Hopper
    Barbara Hopper
    Source: Moodyscre

    Listing Agent: Barbara Hopper

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Commercial Lot Near Downtown Grocery

    This commercial property offers great possibilities with 5,000 square feet of space. The south lot, measuring 50 feet, is included with the property and is located just south of the concrete driveway approach. The property benefits from alley access and is zoned for commercial use. A new AC compressor was installed at the end of 2021 at a cost of $5,000. The property is located directly across from Downtown Homeland Grocery.
    Location Intelligence

    Current Use by Public Records

    Matt's Music Musical Instrument Store

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Bartlesville
    County
    Washington
    State
    Oklahoma
    Longitude
    -95.966209
    Latitude
    36.753744

    Nearby Similar for Sale

    • New
      $328,000
      Pending

      Updated Office Building in Bartlesville

      Renovated office building with modern amenities, suitable for various businesses.
      316 S Shawnee Ave, Bartlesville, OK 74003
      View Details
    • $700,000
      6,840 SF

      Downtown Bartlesville Restaurant/Bar Opportunity

      Unique restaurant/bar/event space in a high-visibility downtown location.
      215 E 2Nd St, Bartlesville, OK 74003
      View Details
    • $999,900
      11,268 SF

      Versatile Mixed-Use Property in Bartlesville

      Commercial property with offices, shop, and potential residential expansion.
      4115 NE Minnesota St, Bartlesville, OK 74006
      View Details
    • Contact for pricing
      1,816 SF

      Medical Office Space Near Hospital

      Centrally located medical office space near Jane Phillips Hospital.
      224 SE Debell Ave, Bartlesville, OK 74006
      View Details
    • $275,000
      1,816 SF

      Medical Office Near Jane Phillips

      Centrally located medical office space with easy hospital access.
      224 SE Debell Ave, Bartlesville, OK 74006
      View Details
    • $450,000
      4,215 SF

      Prime Bartlesville Commercial Building

      High-visibility commercial building with oversized parking in Bartlesville, Oklahoma.
      1840 SW Frank Phillips Blvd, Bartlesville, OK 74003
      View Details
    • $65,000
      Pending

      Versatile Commercial Property in Bartlesville

      Spacious commercial property suitable for auto, storage, distribution, or warehouse.
      313 S Bucy Ave, Bartlesville, OK 74003
      View Details
    • $300,000
      9,297 SF

      Mixed-Use Building in Downtown Bartlesville

      Mixed-use property with retail and residential space in thriving downtown.
      321 S Dewey Ave, Bartlesville, OK 74003
      View Details
    • $65,000
      Pending

      Versatile Commercial Property in Bartlesville

      Spacious commercial property ideal for auto service, storage, or warehouse.
      315 S Bucy Ave, Bartlesville, OK 74003
      View Details
    • $310,000
      4,220 SF

      Versatile Warehouse with Climate Control

      Adaptable warehouse space with climate control and expansion potential.
      301 S Morton Ave, Bartlesville, OK 74003
      View Details
    • $599,000
      13,913 SF

      Downtown Bartlesville Multi-Use Opportunity

      Cornerstone building with multi-use potential in Downtown Bartlesville.
      308 S Johnstone Ave, Bartlesville, OK 74003
      View Details
    • Contact for pricing

      Office Space For Lease

      Office space available for lease with kitchenette and storage.
      139 SE Cholwell Ave, Bartlesville, OK 74006
      View Details

    FAQs

    What type of property is this?
    Specialty property - Commercial lot with alley access near Homeland Grocery.
    Where is this specialty property located?
    The property is located at 204 S Chickasaw Ave Bartlesville, OK.
    What is the asking price?
    The asking price for this property is $299,500.
    What are key features of this property?
    This property features: - Zoned Commercial offering great possibilities.; - Location: Directly across from Downtown Homeland Grocery.; - Benefit from Alley Access.
    (918) 335-7202
    Request Owner's contact information
    204 S Chickasaw Ave Bartlesville, OK 74003
    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.
    204 S Chickasaw Ave
    Bartlesville, OK 74003
    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
    204 S Chickasaw Ave Bartlesville, OK 74003
    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

    We can help!
    Listing Contact
    Barbara Hopper
    Barbara Hopper
    Real Estate License ID: 052159
    (918) 335-7202
    Learn more
    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.