230 D StMiami, OK 74354

Property Details for 230 D St

Year built

1925

Lot size

0.62 AC

Property size (Sq ft)

1,960 SF

Property type

Showrooms

APN

3520-00-063-009-0-000-00

APU

352000063009000000

Description

This exceptional commercial property in Miami, OK, presents a turnkey investment opportunity. The 10,960 square foot building, situated on a 0.62-acre lot, houses the established NEO Ranch Supply store. The ground floor encompasses a retail storefront and warehouse with four loading docks. Recent upgrades include a new storefront with wheelchair access, windows, metal siding, and roofing. The business is operational, offering immediate income potential as one of the few local ADM and Purina dealers. The sale includes essential equipment such as a forklift, computer monitors, and shelving (server excluded). Inventory is available for separate purchase. Additional space on the second and third floors provides ample storage and workspace. The property enjoys a prime location, five blocks north of Highway 10, at the southwest corner of NE D Street and NE 3rd Avenue. Its convenient location is approximately 55 miles from Nowata, 27 miles from Vinita, and 9 miles from the Kansas state line. Showings are by appointment only. Priced at $450,000.

• CAP approach

  CAP return

  Valuation

  6%

  $251,160

  6.5%

  $231,840

  7%

  $215,280

• Comparable approach

  Method

  Valuation

  Relative Method

  $353,301

  Geo Method

  $353,301

• Alternative Use

  Use

  Valuation

  Residential

  $195,565

  Hospitality

  $179,137

  Educational

  $149,040

  Medical

  $154,165

  Retail

  $231,840

Location Insight

City

Miami

County

Ottawa

State

Oklahoma

Latitude

36.8786

Longitude

-94.873

CBSA code

33060

CBSA name

MIAMI, OK MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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