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    Property profile & analytics

    54230 120th Rd Miami, OK 74354-5202

    • Bars
    • 4,132 SF
    • 1.83 lot acres
    OFF-MARKET
    Value Estimation
    $415,000
    Location Intelligence
    Property ID
    US69-1403198
    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

    • The Body Shop Joint / Adult Entertainment Club / Bar
    • ATM / Atm

    Property Details for 54230 120th Rd

    Year built
    1975
    Lot size
    1.83 lot acres
    Property size
    4,132 SF
    Property type
    Bars
    Property subtype
    Pubs
    APN
    5430-00-000-001-0-001-00
    APU
    543000000001000100

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Ottawa
    State
    Oklahoma
    Longitude
    -94.906
    Latitude
    36.8449
    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
    $2,199
    $6,840
    $16,325
    $23,165
    -
    $60,000
    $143,204
    $203,204

    Comparable in this City

    • Value Estimation by Request
      1,344 SF

      616 Mickey Mantle Blvd

      BAR, TAVERN • 1,344 SF
      616 Mickey Mantle Blvd, Miami, OK 74354
      View Details
    • Value Estimation by Request
      1,104 SF

      Miami, OK 74354

      BAR, TAVERN • 1,104 SF
      Miami, OK 74354
      View Details
    • Value Estimation by Request
      2,800 SF

      815 Central Ave

      BAR, TAVERN • 2,800 SF
      815 Central Ave, Miami, OK 74354-7130
      View Details
    • Value Estimation
      $365,000
      1,518 SF

      1307 Steve Owens Blvd

      BAR, TAVERN • 1,518 SF
      1307 Steve Owens Blvd, Miami, OK 74354-7913
      View Details
    • 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
      $290,000
      3,204 SF

      1315 Main St

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,204 SF
      1315 Main St, Miami, OK 74354-3324
      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
    • 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
    • $450,000
      10,960 SF

      Miami Retail Investment Opportunity

      Established Feed Store, High-Traffic Location
      230 D 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
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    54230 120th Rd
    Miami, OK 74354-5202
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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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