401 Milt Phillips Ave Seminole, OK 74868-2308
This exceptional commercial property, located at 401 N Milt Phillips Avenue in Seminole, Oklahoma, offers unparalleled visibility and ample space. Boasting over 11,500 square feet on a 0.68-acre corner lot, this property benefits from a prime location at a stoplight intersection on Milt Phillips Avenue (Hwy 99 and Hwy 377), ensuring high traffic volume with over 9,000 cars passing daily. The building previously housed Al & James Grocery and later the Community Market, demonstrating its adaptability for various commercial uses. The property features over 215 feet of frontage on Hwy 377 and includes a convenient loading dock, a significant advantage for many businesses. Parking is readily available with space for more than 25 vehicles. The building is zoned urban commercial, providing flexibility for a wide range of commercial ventures. Included in the sale are the existing coolers, adding further value and potential for specific business types. This is a rare opportunity to acquire a substantial, high-visibility commercial property in a thriving location. The combination of size, location, and included features makes this an exceptional investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
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.