3151 Us-60 Ponca City, OK 74604
This exceptional 4,300-square-foot commercial property, known as Platinum Nights, presents a unique investment opportunity. Located at 3151 US-60 in Ponca City, Oklahoma, within Osage County, this single-story building sits on a spacious 2.84-acre lot. Built in 1947, the property is ideally situated on the southeastern edge of Ponca City, offering convenient access to major transportation routes. US Highway 60 provides easy connectivity to Interstate 35 to the west and Pawhuska, Oklahoma to the east. The property benefits from its location near other established commercial businesses, further enhancing its visibility and accessibility. A significant advantage is its proximity to Frazier's Restaurant, a popular local eatery that attracts substantial traffic, creating a high-traffic area. This turnkey operation includes all equipment, inventory, real estate, and improvements, making it a seamless transition for the new owner. The asking price of $450,000 encompasses the entire package, presenting a compelling investment opportunity in a thriving commercial area. This sports and entertainment venue is ready for its next chapter.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.