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    Property profile & analytics

    408 Main St Miami, OK 74354-8102

    • Turn key restaurants
    • 2,553 SF
    • 0.41 lot acres
    OFF-MARKET
    Value Estimation
    $55,000
    Last Sale
    Nov 28, 2022
    $50,000
    Location Intelligence
    Property ID
    US69-1681258
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Miami Auto Color / Auto Body Parts Supplier / Auto Body Shop

    Property Details for 408 Main St

    Year built
    1951
    Lot size
    0.41 lot acres
    Property size
    2,553 SF
    Property type
    Turn key restaurants
    APN
    3520-00-136-017-0-000-00
    APU
    352000136017000000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $50,000

    • CAP approach

      CAP return
      Estimation
      6%
      $65,000
      6.5%
      $60,000
      7%
      $65,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $55,000
      Geo Method
      $65,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $60,000
      Retail
      $55,000
      Mixed-Use
      $55,000
      Hospitality
      $60,000
      Educational
      $60,000
      Residential Income
      $65,000
      Energy
      $55,000
      Income-Based Land
      $55,000
      Food Service
      $55,000

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Ottawa
    State
    Oklahoma
    Longitude
    -94.8779
    Latitude
    36.8693
    CBSA code
    33060
    CBSA name
    MIAMI, OK MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $797
    $3,343
    $5,052
    $8,395
    -
    $29,326
    $44,315
    $73,641

    Comparable in this City

    • Value Estimation
      $125,000
      2,190 SF

      1301 Steve Owens Blvd

      RESTAURANT • 2,190 SF
      1301 Steve Owens Blvd, Miami, OK 74354
      View Details
    • Value Estimation by Request
      2,907 SF

      29 Main St

      RESTAURANT • 2,907 SF
      29 Main St, Miami, OK 74354-6322
      View Details
    • Value Estimation
      $450,000
      3,702 SF

      1402 Main St

      RESTAURANT • 3,702 SF
      1402 Main St, Miami, OK 74354-3327
      View Details
    • Value Estimation by Request
      2,750 SF

      101 A NW St

      RESTAURANT • 2,750 SF
      101 A NW St, Miami, OK 74354-6204
      View Details
    • Value Estimation by Request
      1,680 SF

      2320 Main St

      RESTAURANT • 1,680 SF
      2320 Main St, Miami, OK 74354-1606
      View Details
    • Value Estimation by Request
      1,200 SF

      1831 Main St

      RESTAURANT • 1,200 SF
      1831 Main St, Miami, OK 74354-2749
      View Details

    Similar Nearby for Sale

    • $1,950,000

      70-Room Motel with Restaurant Building

      70-room motel with a 3,000 sq ft restaurant on 3.45 acres.
      900 E Steve Owens Blvd, Miami, OK 74354
      View Details
    • $89,900
      600 SF

      Route 66 Commercial Opportunity

      Former gas station on Route 66 with expansion potential.
      505 S Main St, Miami, OK 74354
      View Details
    • $925,000
      6,840 SF

      Route 66 Retail Opportunity

      Thriving screen-printing and trophy shop with real estate and equipment.
      306 N Main St, Miami, OK 74354
      View Details
    • $650,000
      14,256 SF

      Historic Route 66 Building

      Historic 1935 building on Route 66 with car elevator.
      300 N Main St, Miami, OK 74354
      View Details
    • New
      $399,000
      10,960 SF

      Established Commercial Building in Miami, OK

      Turnkey commercial property with storefront, warehouse, and income potential.
      230 D St, Miami, OK 74354
      View Details
    • $94,900
      1,021 SF

      Commercial Building in Miami, OK

      Versatile commercial building suitable for salon, medical, or professional use.
      216 W Central Ave, Miami, OK 74354
      View Details
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    408 Main St
    Miami, OK 74354-8102
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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