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Property profile & analytics
OFF-MARKET
Office buildings
622 Frank Phillips Blvd Bartlesville, OK 74003-3917
Entity Owned
4-yr Hold
Property ID
US69-0783336
Property summary
AI-generated overview
This exceptional Class A retail property, located at 622 SE Frank Phillips Blvd, Bartlesville, OK 74003, presents a truly unique investment opportunity. The 4,400 square foot restaurant, built in 1966 and completely renovated in 2023, boasts a captivating bistro, bar, arcade, and pinball concept. This turnkey operation is ready for immediate income generation, eliminating any need for deferred maintenance. The property sits on an 8,400 square foot lot and is zoned C-4. The building features two stories
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1966
Construction
BRICK
Total area
3,572 SF
Lot
0.19 ac (8,400 SF)
APN
010053-006005-000000-01
UPID
US69-0783336
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
-
Turning Point Medical Clinic
-
Lacey N. Fisher, BA Counselor
-
Lisa Janer, LCSW Physician
-
Robyn L. Tillery, BS Counselor
-
Remi's Arcade & Bistro Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Jtc Blockchain LLC · 4 yrs held
Jtc Blockchain LLC
since 2022
Last sale
$232,500
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Bartlesville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bartlesville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$3,283
Tax year 2023
Assessed value
$27,573
Assessed 2023
Previous assessed
$16,096
+71.3% YoY
Effective rate
11.91%
On assessed value
Assessed land
$5,280
Assessed improvement
$22,293
Land market value
$44,000
Improvement market value
$185,775
Total market value
$229,775
Applied tax rate
12.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1966
Construction
BRICK
Heating
YES
Cooling
YES
Stories
1
Bathrooms
1
Total area
3,572 SF
Lot
0.19 ac (8,400 SF)
APN
010053-006005-000000-01
UPID
US69-0783336
Jurisdiction
WASHINGTON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1966
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.19 ac
Current owner
From public records · entity-resolved
Jtc Blockchain LLC
Entity
Mailing address
5715 ASPEN, BARTLESVILLE, OK 74006-7032
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 7, 2022
—
Jtc Blockchain LLC
—
Deed
related
$280,000 · Regent Bank
Jan 18, 2022
$232,500
Jtc Blockchain LLC
Heartland Roasters LLC
Warranty Deed
—
Oct 7, 2019
$89,500
Heartland Roasters LLC
Family Crisis And Counseling Center
Warranty Deed
$144,008 · Armstrong Bank
Mar 29, 2010
—
Family Crisis And Counseling Center
Alcohol And Drug Center INC
Corporation Deed
$94,500 · 66 FCU
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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