Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3009 East Frank Phillips Boulevard Bartlesville, OK 74006

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $3,500,000

    Retail property featuring Dollar General and VA Outpatient Clinic.

    Type:Retail
    Property size:
    88,866 SF
    Added:
    Nov 21, 2025
    Days on Market:
    135
    Last Refresh:
    Dec 3 at 5:55 am

    Property Features for 3009 East Frank Phillips Boulevard

    General Information

    Standard status
    Active
    Size
    88,866 SF
    Property subtype
    Retail

    We can help!

    Listing Contact
    Jonathan Patterson
    Jonathan Patterson

    Listing agent Jonathan Patterson License #02154618

    Listing office Fiv Realty Co.

    Listing date Nov 21, 2025

    Source Naiglobal

    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 Fiv Realty Co.

    Overview

    Retail Property with Anchor Tenants

    This retail property is anchored by two tenants: Dollar General and a VA Outpatient Clinic. The property is 32% occupied. The property is situated on a lot of 88,866 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dollar General Discount Store Western Union Bank

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

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

    Similar Places Nearby

    • Pennington Hills Shopping Center — 3826 E Frank Phillips Blvd, Bartlesville, OK 74006
    • Coinstar — 915 S Madison Blvd, Bartlesville, OK 74006

    Location Insight

    • Map
    • Local Demand
    City
    Bartlesville
    County
    Washington
    State
    Oklahoma
    Longitude
    -95.945203
    Latitude
    36.749046

    Nearby Similar for Sale

    • $949,900
      11,268 SF

      Versatile Commercial Property Near Highway 75

      Commercial property with offices, shop, and potential residential expansion.
      4115 NE Minnesota Street, Bartlesville, OK 74006
      View Details
    • $450,000
      4,215 SF

      Prime Bartlesville Commercial Opportunity

      High-visibility commercial building with ample parking and kitchen equipment.
      1840 SW Frank Phillips Boulevard, Bartlesville, OK 74003
      View Details
    • $500,000
      6,840 SF

      Historic Downtown Commercial Building

      Adaptable space with infrastructure upgrades in Bartlesville's downtown.
      215 E 2nd Street, Bartlesville, OK 74003
      View Details
    • $324,800
      2,906 SF

      Updated Office Building in Bartlesville

      Move-in ready office building with modern amenities and convenient location.
      316 S Shawnee Avenue, Bartlesville, OK 74003
      View Details
    • $125,000
      3,120 SF

      Versatile Commercial Building with Extra Lot

      3,120 SF building with extra lot for sale.
      309 S Bucy, Bartlesville, OK 74003
      View Details
    • $899,900
      3,921 SF

      Highway 75 Office Building

      Classic office building on Highway 75 with high visibility.
      2114 SE Washington Boulevard, Bartlesville, OK 74006
      View Details
    • $300,000
      9,297 SF

      Downtown Bartlesville Mixed-Use Building

      Mixed-use property in Bartlesville's thriving Downtown Business District.
      321 S Dewey Avenue, Bartlesville, OK 74003
      View Details
    • $599,000
      13,913 SF

      Downtown Bartlesville Multi-Use Potential

      Cornerstone building with flexible space in downtown Bartlesville.
      308 S Johnstone Avenue, Bartlesville, OK 74003
      View Details
    • $2,700
      1,816 SF

      Medical Office Space Near Hospital

      Centrally located medical office space near Jane Phillips Hospital.
      224 SE Debell Avenue, Bartlesville, OK 74006
      View Details
    • $65,000
      2,634 SF

      Versatile Commercial Property in Bartlesville

      Spacious commercial property ideal for auto service, storage, or distribution.
      315 S Bucy Avenue, Bartlesville, OK 74003
      View Details
    • $180,000
      1,560 SF

      Bartlesville Investment Opportunity

      Downtown Bartlesville commercial property with income potential for sale.
      100 SE Dewey Avenue, Bartlesville, OK 74003
      View Details
    • $275,000
      1,816 SF

      Medical Office Space Near Hospital

      Centrally located medical office space next to Jane Phillips Hospital.
      224 SE Debell Avenue, Bartlesville, OK 74006
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail property featuring Dollar General and VA Outpatient Clinic.
    Where is this shopping center located?
    The property is located at 3009 East Frank Phillips Boulevard Bartlesville, OK.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: Two tenants: **Dollar General & VA Outpatient Clinic**; 32% Occupied
    (951) 394-0820
    We can help!
    Listing Contact
    Jonathan Patterson
    Jonathan Patterson
    Real Estate License ID: 02154618
    Learn More
    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.
    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.
    Sign Up Successful!
    You now have access to more from Realmo!