Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    205 SW 2Nd St Guymon, OK 73942

    Sponsored
    For Sale
    $399,000

    Commercial Building - Guymon, OK

    Property size:
    2,960 SF
    Days on Market:
    3
    Last Refresh:
    Feb 4 at 12:06 am

    Property Features for 205 SW 2Nd St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Parking features
    Garage
    Size
    2,960 SF

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1990
    Year renovated
    1990
    Flooring type
    Tile
    Building materials
    Stucco
    Architectural style
    Other

    We can help!

    Listing Contact
    Shelby RedCorn

    Henry Hinds Realty LLC (580) 898-9111

    Listing agent Shelby RedCorn (580) 898-9111

    Listing date Feb 2, 2026

    MLS# 11538756 Listing URL

    Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Highway 54 Commercial Building

    Located on high-traffic Highway 54 in Guymon, Oklahoma, this commercial building offers 2,960 square feet of interior space on 6 lots. Currently operating as a restaurant, the property's layout is suitable for continued food service. The property can also be converted to retail, office, or other commercial uses. The location on a major thoroughfare provides high visibility and access, with ample parking and room for growth. The property is situated among thriving businesses, offering space for expansion or outdoor development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Qvest Sanitation LLC Sanitation Service Dona Carmen's Restaurant Restaurant Qvortex Llc Industrial Manufacturer

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Guymon
    County
    Texas
    State
    Oklahoma
    Longitude
    -101.483233
    Latitude
    36.677167

    Nearby Similar for Sale

    • $425,000
      4,318 SF

      Versatile Commercial Building in Guymon, OK

      Income-producing commercial property with flexible layout in central Guymon.
      211 NW 5Th St, Guymon, OK 73942
      View Details
    • $695,000
      9,010 SF

      Guymon Commercial Building on Highway

      Versatile commercial building on a high-traffic corridor, suitable for various uses.
      1601 N Main St Or Hwy 64 N, Guymon, OK 73942
      View Details
    • New
      $580,000
      4,762 SF

      Guymon Restaurant Opportunity on Highway

      Restaurant property on high-traffic Highway 54 in Guymon, Oklahoma.
      634 Highway 54 NE, Guymon, OK 73942
      View Details
    • New
      $300,000
      3,760 SF

      Commercial Building in Guymon, OK

      Spacious commercial building with offices and large workshop for sale.
      607 NE 4Th St, Guymon, OK 73942
      View Details
    • $600,000

      Highway Hotel in Guymon, OK

      Established hotel with 38 rooms and manager's quarters for sale.
      823 Highway 54 NE, Guymon, OK 73942
      View Details
    • $800,000
      73.00 Acres

      73 Acre Commercial Property

      Unique commercial opportunity with highway frontage in Guymon, Oklahoma.
      3319 Highway 54 NE, Guymon, OK 73942
      View Details
    • $175,000

      Restaurant Opportunity in Guymon, OK

      Excellent location for a new restaurant near established businesses.
      418 NW 21St St, Guymon, OK 73942
      View Details
    • $160,000
      6.00 Acres

      5-Acre Property Near Guymon, OK

      5-acre property with 120'x60' metal building near Guymon, OK.
      3012 Rd S, Guymon, OK 73942
      View Details
    • $160,000

      Remodeled Commercial Property, Guymon OK

      Move-in ready commercial property with ample parking and highway access.
      901 O Hwy Hwy 54 N, Guymon, OK 73942
      View Details
    • $395,000
      5,723 SF

      Highway 54 Commercial Property

      5723 sq ft commercial building on 0.83 acres.
      3227 Us Hwy 54, Guymon, OK 73942
      View Details
    • $97,000

      Prime Downtown Guymon Commercial Property

      Commercial property in the heart of Guymon, Oklahoma.
      504 N Main St, Guymon, OK 73942
      View Details
    • $7,937,500
      51,985 SF

      Exceptional Retail Property Investment Potential

      51,985 SF property with long-term lease and income growth.
      2501 Highway 64 N, Guymon, OK 73942
      View Details

    FAQs

    What type of property is this?
    Conventional restaurant - 2,960 sq ft building on 6 lots in Guymon, OK.
    Where is this conventional restaurant located?
    The property is located at 205 SW 2Nd St Guymon, OK.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: - Prime location on high-traffic HWY 54 in Guymon, OK, offering exceptional visibility.; - Spacious 2,960 sq ft building suitable for various commercial uses (restaurant, retail, office).; - Includes 6 full lots, providing ample space for parking, expansion, or outdoor development.
    (580) 898-9111
    Request Owner's contact information
    205 SW 2Nd St Guymon, OK 73942
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    205 SW 2Nd St
    Guymon, OK 73942
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    205 SW 2Nd St Guymon, OK 73942
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Shelby RedCorn
    (580) 898-9111
    Learn more
    Google sign-in failed. Please try again or use another login method.