1912 Main StMiami, OK 74354

  • Retail space
  • 4,608 SF

Property Details for 1912 Main St

Year built
1995
Lot size
0.49 AC
Property size (Sq ft)
4,608 SF
Property type
Retail space
APN
5140-00-008-005-0-000-00
APU
514000008005000000

Description

This exceptional 4,422 square foot retail space at 1912 North Main Street in Miami, Oklahoma, presents a unique leasing opportunity. Located on a 0.49-acre lot (21,406 square feet), this single-tenant strip center boasts a highly visible location with significant foot traffic, ensuring maximum exposure for your business. The contemporary design features a versatile layout adaptable to a variety of retail or commercial uses. Expansive storefront windows maximize natural light, creating an inviting atmosphere and showcasing merchandise or services effectively. The property benefits from modern amenities and professional property management, providing a smooth and efficient operational environment. Prominent signage opportunities further enhance visibility and brand recognition. This Class C property is entirely vacant, offering a blank canvas for your business to thrive in Miami's dynamic commercial market. The address is 1912 N Main St, Miami, OK 74354. This location offers a strategic advantage for retailers seeking to establish a strong presence in a thriving community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $590,481
    6.5%
    $545,060
    7%
    $506,127
  • Comparable approach

    Method
    Valuation
    Relative Method
    $830,618
    Geo Method
    $830,618
  • Alternative Use

    Use
    Valuation
    Residential
    $459,778
    Hospitality
    $421,154
    Educational
    $350,395
    Medical
    $362,446
    Retail
    $545,060

Location Insight

City
Miami
County
Ottawa
State
Oklahoma
Latitude
36.897
Longitude
-94.8772
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
$3,606
$9,120
$28,870
$37,990
-
$80,000
$253,244
$333,244

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