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    1106 Commerce St Ardmore, OK 73401

    For Sale
    $450,000

    Prime Retail Location, Drive-Thru, High Visibility

    Property size:
    2,400 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional retail property, located at 1106 S Commerce Street, Unit 1106 in Ardmore, Oklahoma, presents a unique investment opportunity. Boasting 2,400 square feet of space on a 0.56-acre lot, this high-traffic location offers significant potential for a variety of businesses. Previously utilized as a dispensary, the property is equipped with a city-approved drive-thru, enhancing convenience and accessibility for customers. Security features include a $20,000 security system and electronic keypad entry, ensuring peace of mind. Ample parking is available with over thirty spaces. The property's versatility makes it suitable for a wide range of commercial ventures. Note that this property is part of a package sale with MLS# 2440546

    Property Features for 1106 Commerce St

    General Information

    Property type
    Retail properties
    Square Feet
    2,400 SF
    Lot Size
    24,394 SF

    Building Details

    Year Built
    2008
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    amco transmission Corporate Office Nature Meds Cannabis ... Store

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Ardmore
    County
    Carter
    State
    Oklahoma
    Longitude
    -97.14233
    Latitude
    34.15941

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Location, Drive-Thru, High Visibility
    Where is this retail property located?
    The property is located at 1106 Commerce St Ardmore, OK.
    What is the asking price?
    The asking price for this property is $450,000.
    (580) 721-9355
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    1106 Commerce St Ardmore, OK 73401
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    Realmo Value Estimation

    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.

    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.

    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
    1106 Commerce St Ardmore, OK 73401
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