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    601-619 Hartford Ave Ponca City, OK 74601

    For Sale
    $785,000

    14,000 SF Shopping Center - $785,000

    Property size:
    14,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 14,000 square foot retail property, located at 601-619 E Hartford Ave in Ponca City, Oklahoma, presents a lucrative investment opportunity. Situated on a 0.71-acre lot zoned C-1, this eight-unit neighborhood shopping center enjoys a highly visible corner location at the intersection of Hartford and 6th Street. Its strategic placement offers excellent exposure to a thriving area, proximate to numerous medical facilities, including Alliance Health, as well as churches, additional retail establishments, and restaurants. The building features a central firewall separating the units, ensuring both functionality and safety. Each unit benefits from its own independent gas and electric meters, providing tenants with precise utility control. Water is included as a landlord-provided amenity. The property is currently listed at $785,000, and the owner is open to considering owner financing options, making this an attractive proposition for a variety of investors. The property's strong tenant base and prime location make it an ideal investment for those seeking a stable and profitable retail venture in a growing community. The Kay County location and 74601 zip code further enhance its appeal. The current ownership is K&P Miles Trust, with an expiration date of April 17, 2024.

    Property Features for 601-619 Hartford Ave

    General Information

    Property type
    Retail properties
    Square Feet
    14,000 SF
    Lot Size
    30,928 SF

    HighLights

    • Owner: K&P Miles Trust
    • Expiration Date: April 17, 2024
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Ponca City
    County
    Kay
    State
    Oklahoma
    Longitude
    -97.0771346
    Latitude
    36.7243271

    Nearby Comparable

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      Prime Ponca City Shopping Center

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    • $1,675,000
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      Occupied Retail Center For Sale

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    • $160,000

      Ponca City Multi-Unit Investment Opportunity

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    Nearby Similar for Sale

    • $160,000

      Ponca City Multi-Unit Investment Opportunity

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      901 Grand Ave W Grand, Ponca City, OK 74601
      View Details
    • $1,600,000
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      Ponca City Industrial Facility

      Four freestanding buildings suited for manufacturing and heavy vocational use.
      1415 W Summit Ave, Ponca City, OK 74601
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    • $1,675,000
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      Occupied Retail Center For Sale

      Fully occupied retail center in a high-traffic location.
      900 E Prospect Ave, Ponca City, OK 74601
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    • $785,000
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      Prime Ponca City Shopping Center

      8-Unit Retail Center, Value-Add Opportunity
      601-619 Hartford Ave, Ponca City, OK 74601
      View Details

    FAQs

    What type of property is this?
    Retail property - 14,000 SF Shopping Center - $785,000
    Where is this retail property located?
    The property is located at 601-619 Hartford Ave Ponca City, OK.
    What is the asking price?
    The asking price for this property is $785,000.
    What are key features of this property?
    This property features: Owner: K&P Miles Trust; Expiration Date: April 17, 2024;
    (580) 357-2727
    Request Owner's contact information
    601-619 Hartford Ave Ponca City, OK 74601
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    Ponca City, OK 74601
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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
    601-619 Hartford Ave Ponca City, OK 74601
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