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    915 Madison Blvd Bartlesville, OK 74006

    Sponsored
    For Sale
    $1,000,000

    High-Yield Grocery Store Investment Opportunity

    Property size:
    20,598 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional investment opportunity presents a 20,598 square foot Homeland Grocery Store located at 915 S Madison Blvd, Bartlesville, Oklahoma, 74006. Situated on a 2.382-acre lot, this property boasts a prime location at the southwest corner of SE Adams Blvd and S Madison Blvd, within a C3 - Major Shopping District zoning. The property is currently 100% occupied by a Homeland Grocery store under an Absolute NNN lease with a corporate guarantee. The asking price is $1,000,000, representing a compelling $48.55 per square foot and a 6.18% cap rate. The lease expires on December 31, 2023, with two three-year lease options available. The substantial 103,750 square feet of air rights offer significant future development potential. This is a rare chance to acquire a well-established, high-performing grocery store in a thriving retail corridor. The property's strong tenant, favorable lease terms, and significant upside potential make it an ideal addition to any investment portfolio. The current lease is for the entire 20,598 square feet of net rentable space. This is a turnkey investment ready for immediate income generation. Don't miss this opportunity to acquire a premier retail property in a desirable location.

    Property Features for 915 Madison Blvd

    General Information

    Property type
    Individual retail properties
    Square Feet
    20,598 SF
    Lot Size
    103,760 SF

    HighLights

    • High‑profile corner location at SE Adams Blvd & S. Madison Blvd.
    • C3 zoning, ideal for major retail development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Homeland Grocery Store Cardtronics ATM Atm Western Union Money Transfer Service Coinstar Atm Coinme at Coinstar - Bitcoin ... Kiosk

    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
    -95.9182706
    Latitude
    36.7416077

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    FAQs

    What type of property is this?
    Individual retail property - High-Yield Grocery Store Investment Opportunity
    Where is this individual retail property located?
    The property is located at 915 Madison Blvd Bartlesville, OK.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: High-profile corner location at SE Adams Blvd & S. Madison Blvd.; C3 zoning, ideal for major retail development.;
    Request Owner's contact information
    915 Madison Blvd Bartlesville, OK 74006
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    Bartlesville, OK 74006
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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
    915 Madison Blvd Bartlesville, OK 74006
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