Property profile

1840 SW Frank Phillips Blvd Bartlesville, OK 74003

FOR SALE
Commercial real estate
Property ID
US69-0197461
4,215 SF Built 1986
Individually Owned 20-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property, located at 1840 SW Frank Phillips Boulevard Unit 1840 in Bartlesville, Oklahoma, presents a unique investment opportunity. The property encompasses a substantial 4,315 square feet of building space, ideally situated on a sizable 0.59-acre lot. This combined parcel offers significant potential for business development and expansion. The strategic location within Bartlesville ensures high visibility and accessibility, making it an attractive proposition for a variety of commercial ventures. The existing building provides a solid foundation for immediate occupancy or redevelopment, allowing for customization to suit specific business needs. The ample parking provided on the property further enhances its appeal and functionality. The asking price for this prime commercial real estate is $3,500,000. This represents a compelling investment opportunity in a thriving Oklahoma community. The property's size, location, and development potential make it an exceptional asset for discerning investors seeking a strong return on their investment. Serious inquiries are encouraged to explore the possibilities this property offers. The property is ready for its next chapter, offering a blank canvas for a visionary entrepreneur or established business seeking to expand its footprint.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1986
Total area 4,215 SF
APN 010288-002004-000000-01
UPID US69-0197461

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bar & Pub

Location

1840 SW Frank Phillips Blvd Bartlesville, OK 74003
Bartlesville metro Census 200 BARTLESVILLE, OK MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

since 2005
1 recorded transaction
2005
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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