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Freestanding Building on Large Parcel
For Sale
$400,000

2221 North Milt Phillips Avenue, Seminole, OK 74868

Former bank building on 5.26 acres, suitable for redevelopment.

Property Size5 SF
Lot Size5.26 Acres
Price / SF$80,000
Days on Market154

Property Features for 2221 North Milt Phillips Avenue

General Information

Standard status Active
Size 5 SF
Lot size 5.26 Acres
Property subtype Retail
Listing Agency:
Listed By: Wil Scofield
Source: Cbre
Added: Mar 25 Changed: Aug 19 Last Checked: Aug 25 at 5:44AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Wil Scofield

Investment Insights

Based on property information with market context.

This 2,016 square foot freestanding building, formerly a financial institution, is situated on a 5.26-acre parcel, offering potential for expansion, additional parking, or future redevelopment. The existing interior infrastructure allows for adaptability to various uses. Located along a well-traveled corridor, the site provides strong visibility and is suitable for both immediate use and long-term value. The property is located at 2221 N Milt Phillips Ave (Hwy 377), along Seminole’s primary commercial corridor, benefiting from strong visibility and daily traffic. The surrounding area includes national retailers and consistent consumer activity. The site experiences approximately 12,600 vehicles per day and serves a five-mile population of 9,868 residents with an average household income of $57,700. Its central location and large parcel size make it suitable for users seeking exposure, accessibility, and future growth potential. The AE zoning offers flexible use opportunities.

Key Highlights

  • Large ±5.26‑acre parcel suitable for expansion or redevelopment.
  • Strong visibility along Hwy 377 with approximately 12,600 VPD.
  • 2,016 SF freestanding former bank building adaptable for a wide range of users.**

Property Analytics

Current Use

ATM Atm Tinker Federal Credit ... Credit Union

Suggested Use

Top Pick HVAC Service Law Firm Electrical Service Spa & Massage Center Garden Center Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

120
Businesses Nearby

Demographics for 74868, OK

12,211
Population
5,361
Households
2.3
Avg Household Size
39
Median Age
16%
College-Educated
85%
High-School Grad
211.2 sq mi
ZIP Area
58
Density / Sq Mi
$44,728
Median Household Income
$33,047
Median Earnings
$732
Median Rent
$102,600
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Bank - Former bank building on 5.26 acres, suitable for redevelopment.
Where is this bank located?
The property is located at 2221 North Milt Phillips Avenue Seminole, OK.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Large ±5.26‑acre parcel suitable for expansion or redevelopment.; Strong visibility along Hwy 377 with approximately 12,600 VPD.; 2,016 SF freestanding former bank building adaptable for a wide range of users.**
More about this property
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