523 Main St Stillwater, OK 74075
Property profile & analytics
523 Main St Stillwater, OK 74075
- Strip malls
- 98,964 SF
- 8.87 lot acres
Property ID
US69-0879161
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.
Location Intelligence
Current Use by Public Records
- Strip malls
Property Details for 523 Main St
- Year built
- 1999
- Lot size
- 8.87 lot acres
- Property size
- 98,964 SF
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 600055408
- APU
- 600055408
Description
Bradford Plaza Shopping Center, a 93,755-square-foot, multi-tenant shopping center in Stillwater, Oklahoma, presents a compelling investment opportunity. This 100% occupied property boasts a strong tenant mix, including TJ Maxx as an anchor, and features 16 tenants, many of which are national brands. The center benefits from a prime location near Oklahoma State University, with over 26,800 students and 5,500 personnel, and enjoys high traffic counts exceeding 42,733 vehicles daily at the signalized intersection of North Main and McElroy Roads. The property is shadow-anchored by Homeland Grocery and situated on 8.87 acres with ample parking and a double-sided monument sign. Built in 1999, the center underwent recent improvements including a new roof (2024) and landscaping upgrades. The asking price is $13,967,000, representing $148.97 per square foot, with a 7.58% cap rate and a Net Operating Income (NOI) of $1,058,530. 79% of the gross leasable area is under triple-net leases. The property's proximity to other national retailers, including a Homeland gas station, IHOP, and 7-Eleven, further enhances its appeal. This stabilized investment offers a rare opportunity to acquire a high-performing retail center in a thriving market. The property's strong tenant base, including publicly traded companies, and recent improvements contribute to its exceptional value and potential for long-term growth.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Stillwater
- County
- Payne
- State
- Oklahoma
- Longitude
- -97.0572
- Latitude
- 36.1292
- CBSA code
- 44660
- CBSA name
- STILLWATER, 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
$78,646
$55,154
$719,916
$775,070
-
$1,006,000
$13,131,090
$14,137,090
