Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    The Largest CRE Database in the US with Over 1 Million Listings

    905 11th NE Ardmore, OK 73401

    View on Map
    Claim this Listing
    Picture of Residential land & home lots at 905 11th NE, Ardmore, OK
    For Sale
    Contact for pricing

    LAND - Ardmore, OK

    Lot size:
    0.62 Acres
    Added:
    May 31, 2025
    Days on Market:
    334
    Last Refresh:
    Apr 29 at 8:06 am

    Property Features for 905 11th NE

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Rs6
    Standard status
    Active
    APN
    0635-00-001-006-0-001-00
    Lot size
    0.62 Acres

    Taxes and HOA fees

    Tax Year
    2023
    Tax Description
    HUNTINGTON FALLS, BLK 1 LOT 6 (187.3X145)

    We can help!

    Listing Contact
    Jamie Foard

    Listing agent Jamie Foard License #206437

    Listing office Keller Williams Realty Ardmore 1521 N Rockford Road, Ardmore, OK

    Listing date May 31, 2025

    MLS# 2523301 Listing URL

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

    Overview

    Residential Land in Ardmore, OK

    This residential land is located in Ardmore, Oklahoma. The lot, zoned RS6, has approximately 187 inches of frontage and is accessed from 11th Avenue Northeast. The 0.62-acre lot is mostly trees and brush. It views the street on one side, vacant underdeveloped land on two sides, and an apartment complex on the east. Doublewide homes are allowed. City water and sewer services are available at the street.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Ardmore
    County
    Carter
    State
    Oklahoma
    Longitude
    -97.116008
    Latitude
    34.182778

    Nearby Similar for Sale

    • $1,500,000
      6,300 SF

      Turn-Key Business Opportunity in Ardmore

      Established business with real estate, inventory, and equipment included.
      1017 N Washington Street, Ardmore, OK 73401
      View Details
    • $1,400,000
      8,698 SF

      Historic Mixed-Use Facility in Ardmore

      Renovated historic building in the Depot District, Ardmore, Oklahoma.
      117 Caddo Street, Ardmore, OK 73401
      View Details
    • $1,000,000
      10,543 SF

      Commercial Building in Ardmore, OK

      Commercial building with large rooms, kitchen, and dining area.
      1032 Cherry Street, Ardmore, OK 73401
      View Details
    • $350,000

      Prime Commercial Lot in Ardmore

      1.09-acre commercial lot in a rapidly developing area.
      1401 Kiowa, Ardmore, OK 73401
      View Details
    • $386,000
      3,375 SF

      Ardmore Commercial Property with Rail Access

      Commercial property with rail access and loading docks in Ardmore.
      305 B SE, Ardmore, OK 73401
      View Details
    • $225,000

      Commercial Lot Near Interstate 35

      Commercial lot near I-35, ideal for development.
      Holiday Drive, Ardmore, OK 73401
      View Details
    • $675,000
      5,920 SF

      Versatile Commercial Complex in Ardmore

      Multi-tenant commercial property with income potential and convenient location.
      607 S Lake Murray Drive, Ardmore, OK 73401
      View Details
    • $725,000

      Prime Commercial Property - Ardmore, OK

      High-visibility commercial property near I-35 with strong customer base.
      2611 West Broadway, Ardmore, OK 73401
      View Details
    • $4,925,000

      Prime Land with Highway Frontage

      197 acres near I-35 and Hwy 77 in Ardmore, OK.
      1293 Bussell Ridge Rd., Ardmore, OK 73401
      View Details
    • $185,000
      3,700 SF

      Commercial Land with Shop, Ardmore

      6.37 acres of commercial land with shop in Ardmore.
      2964 Gene Autry Road, Ardmore, OK 73401
      View Details
    • $4,975,500

      Prime Land Near Interstate 35

      66 acres with I-35 frontage near Lake Murray State Park.
      0 Lodge Road, Ardmore, OK 73401
      View Details
    • $349,900

      Land Near Lake Murray

      5.73 acres near Lake Murray, suitable for recreation or commercial.
      55 Shadow, Ardmore, OK 73401
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Residential land with street access and city utilities available.
    Where is this residential land & home lot located?
    The property is located at 905 11th NE Ardmore, OK.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Doublewide allowed.; City water availability at street.; City sewer availability at street.
    (405) 701-5217
    We can help!
    Listing Contact
    Jamie Foard
    Real Estate License ID: 206437
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!