601-619 Hartford Ave Ponca City, OK 74601
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.
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
Similar Nearby for Lease
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.