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Property profile & analytics
OFF-MARKET
Lifestyle centers

601-619 Hartford Ave Ponca City, OK 74601

14,000 SF 0.71 ac lot Built 1969
Property ID
Property summary
AI-generated overview

This 14,000 square foot shopping center in Ponca City, Oklahoma presents a compelling value-add investment opportunity. Located at the hard corner of Hartford and 6th Street, this single-story, 1969-built Class B property features eight units currently at 69.29% occupancy. The precast concrete structure boasts no interior load-bearing walls (excluding the central firewall), offering flexibility for future renovations or tenant improvements. Each of the eight units has its own gas and electric meters, and the landlord covers water expenses. The property sits on a 0.71-acre lot and is zoned C-1, allowing for a variety of retail and commercial uses. The asking price is $785,000, representing a price per square foot of $56.07 and a 7.00% cap rate. The property's strategic location near Alliance Health, churches, other retail establishments, and restaurants ensures high visibility and potential for increased occupancy. The seller will consider owner financing. This multi-tenant retail center offers a strong foundation for a savvy investor seeking to enhance value and generate substantial returns.

Property profile
Verified
Property type Lifestyle centers
Year built 1969
Total area 14,000 SF
Lot 0.71 ac (30,928 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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