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    Commercial Event Venue with Kitchen Title is generated by Realmo AI

    33429 N County Road 3270, Davis, OK 73030

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    For Sale
    $895,000

    SINGLE_FAMILY - Davis, OK

    Type:Office
    Property size:
    6,448 SF
    Lot size:
    2.00 Acres
    Price / SF:
    $138/SF
    Added:
    Apr 21, 2026
    Days on Market:
    46
    Last Refresh:
    Jun 5 at 9:06 pm

    Property Features for 33429 N County Road 3270

    General Information

    Property type
    Residential
    Property subtype
    Office
    Standard status
    Active
    APN
    33429NCountyRoad327073030
    Size
    6,448 SF
    Lot size
    2.00 Acres

    Utilities

    Sewer type
    Septic Tank
    Cooling system
    Electric, Central Air

    Building Details

    Year built
    2009
    Floors in Building
    1
    Building materials
    Vinyl Siding

    We can help!

    Listing Contact
    Lara White
    Lara White

    Listing agent Lara White License #185127

    Listing office Modern Abode Realty 120 N Bryant Ave, Suite A9, Edmond, OK

    Listing date Apr 21, 2026

    MLS# 1224383

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

    HighLights

    • 6,448 (+/-) SF commercial building on 2 acres in Davis, Oklahoma, located on the I‑35 service road at 33429 N County Road 3270 Road
    • Operating as a 150‑capacity venue with a grand open‑concept hall, elegant foyer, updated restrooms, and dedicated bar area
    • Includes fully equipped commercial kitchen plus bride and groom dressing room space for events
    • On‑site facilities include a private executive office, expansive storage, and a separate secondary storage building
    • On‑site living quarters: 1‑bedroom manager’s apartment with a full kitchen and full bathroom
    • Year built 2009; vinyl siding; central air (electric cooling) and septic tank

    Overview

    This property is a turnkey commercial event venue built for hosting, with a grand open-concept hall and an elegant foyer. Interior support spaces include bride and groom dressing rooms and modern updated restrooms. The facility also features a fully equipped commercial kitchen and a dedicated bar area for service. Additional amenities include a private executive office, expansive storage, and a separate secondary storage building. On-site living quarters are available through a one-bedroom manager’s apartment with a full kitchen and bathroom. Parking is available for more than 50 vehicles.

    The site is located on the I-35 service road in Davis, Oklahoma, positioned as a halfway point between the Dallas and Oklahoma City metros within the Arbuckle Mountain corridor. The property offers direct interstate exposure and easy accessibility. It is also described as being just minutes from the tourism draw of Turner Falls.

    For an operator, the layout is currently used as a premier 150-capacity venue and includes the core back-of-house components and service areas required to support events. For a buyer or developer, the improvements provide an adaptable footprint for hospitality expansion, corporate use, or potential redevelopment of the 2-acre site, with on-site housing supporting security or live-work operation.
    Property Profile Location Intelligence

    Current Use by Public Records

    Wedding venues

    Suggested Use

    Restaurant Travel Agency

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

    Location Insight

    • Map
    • Local Demand
    City
    Davis
    County
    Murray
    State
    Oklahoma
    Longitude
    -97.1714
    Latitude
    34.506519

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    FAQs

    What type of property is this?
    Wedding venue - Turnkey event venue on 2 acres with a commercial kitchen, bar area, and onsite manager living quarters plus ample parking.
    Where is this wedding venue located?
    The property is located at 33429 N County Road 3270 Davis, OK.
    What is the asking price?
    The asking price for this property is $895,000.
    What are key features of this property?
    This property features: 6,448 (+/-) SF commercial building on 2 acres in Davis, Oklahoma, located on the I‑35 service road at 33429 N County Road 3270 Road; Operating as a 150‑capacity venue with a grand open‑concept hall, elegant foyer, updated restrooms, and dedicated bar area; Includes fully equipped commercial kitchen plus bride and groom dressing room space for events
    (205) 393-0723
    We can help!
    Listing Contact
    Lara White
    Lara White
    Real Estate License ID: 185127
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    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.

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