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Property profile & analytics
FOR SALE
Retail space
305 N Main St, Bristow, OK 74010
Entity Owned
6-yr Hold
Free & Clear
Property ID
US69-0292534
For Sale
1 / 51
$1,600,000
305 N Main St, Bristow, OK 74010
View Listing →
Property summary
AI-generated overview
This exceptional 42,782-square-foot retail property, situated at 305 N Main Street, Unit 305, in Bristow, Oklahoma, presents a unique investment opportunity. Constructed in 1928, this landmark building showcases captivating architecture representative of the late 1920s era. Its classic design is complemented by meticulously preserved original details, offering a blend of historical charm and modern potential. The expansive interior features high ceilings and large open spaces, providing remarkable flexibility for a diverse range of commercial, retail, or mixed-use developments. Its prominent Main Street location ensures exceptional visibility and accessibility, placing it within the vibrant heart of Bristow's downtown district. The property sits on a 0.81-acre lot, providing ample space for potential expansion or outdoor amenities. With its rich history and prime location, this building is poised to become a thriving hub for business and community activity. The asking price for this significant property is $1,995,000. This is an unparalleled chance to acquire a piece of Oklahoma history and capitalize on its considerable redevelopment potential.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Construction
BRICK
Total area
11,530 SF
APN
5501-00-042-000-0-120-00
UPID
US69-0292534
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
AI Approach
AI
by Request
CAP Approach
CAP
$545k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$885k
Owner & transaction history
Vintage Ishmael LLC · 6 yrs held
Vintage Ishmael LLC
since 2019
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.4M
+41.7%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Bristow submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bristow submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$590,000
6.5%
$545,000
7%
$510,000
Alternative Use
Use
Estimation
RETAIL STORES
$975,000
Current use
AUTO REPAIR, GARAGE
$1,385,000
Change: +42% · Conversion: Difficult
Blend value · Realmo final
$885k
Range $797k – $974k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$77 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$3,640
Tax year 2023
Assessed value
$37,970
Assessed 2023
Previous assessed
$36,162
+5.0% YoY
Effective rate
9.59%
On assessed value
Assessed land
$2,250
Assessed improvement
$35,720
Land market value
$18,747
Improvement market value
$354,343
Total market value
$373,090
Applied tax rate
22.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Construction
BRICK
Heating
FORCED AIR
Cooling
AC.FAN COOLING
Stories
1
Total area
11,530 SF
APN
5501-00-042-000-0-120-00
UPID
US69-0292534
Jurisdiction
CREEK
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$975,000
AUTO REPAIR, GARAGE
Est. value
$1.4M
RETAIL STORES Current
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
1
Current owner
From public records · entity-resolved
Vintage Ishmael LLC
Entity
Free & Clear · 6 yrs held
Mailing address
PO BOX 490, STROUD, OK 74079-0490
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 28, 2019
$269,000
Vintage Ishmael LLC
Root Linda R Trust
Warranty Deed
—
Jun 19, 2019
—
Root,linda R Trust
Root,linda R
Quit Claim Deed
related
—
Mar 22, 2019
—
Root,richard A Trust
Root,richard A & Linda R
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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