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Property profile & analytics
OFF-MARKET Estimated value $3,245,000
Strip malls

316 Main St Stillwater, OK 74075-5543

16,118 SF 1.21 ac lot Built 1964
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US69-0857320
Property summary
AI-generated overview

The Exchange Center, located at 316 N Main St in Stillwater, Oklahoma, presents a prime retail opportunity. This 16,130 square foot center boasts a strong tenant mix, including restaurants, professional services, and consumer goods, ensuring high foot traffic. The property benefits from its close proximity to Oklahoma State University (OSU), placing it within a vibrant and densely populated area. The building underwent a complete redevelopment and remodel in 2019, ensuring modern and updated facilities. Currently, a single, sizable 2,672 square foot retail space is available for lease. This space offers climate-controlled storage and convenient interior access. The Exchange Center's prominent position in a key Stillwater retail corridor makes it an ideal location for businesses seeking high visibility and accessibility. Situated in Payne County, Oklahoma, with a 74075 zip code, this property offers a unique blend of established success and modern amenities. The space is ready for immediate occupancy and presents a compelling opportunity for a variety of retail businesses. The building's recent renovation ensures a move-in ready condition, minimizing upfront capital expenditures. This is a rare opportunity to establish a presence in a thriving Stillwater retail hub.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1964
Total area 16,118 SF
Lot 1.21 ac (52,708 SF)
APN 600018542
UPID US69-0857320
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
Current use
Occupant on record · Public records
  • Stillwater Dentistry Dental Office
  • HearingLife of Stillwater OK Physician
  • SMOKE LAND & VAPE STILLWATER (Bike/Boat/Book/etc) Store
  • Miso Sushi, Ramen, Grill Restaurant
  • Three Dog Bakery (Bike/Boat/Book/etc) Store Pet Store & Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$3.22M
CAP Approach CAP
$3.57M
Comparable Approach Comparable
$2.30M
Blend (final) Blend
$3.25M
Owner & transaction history
Orange Kkd LLC · 6 yrs held
Orange Kkd LLC
since 2020
Last sale
$3.2M
2 recorded transactions
2020
$3.2M
2020
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $2.9M +109.3%
Office building $2.8M +99.7%
Retail stores $2.2M +56.5%
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