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    323 1St St Piedmont, OK 73078

    For Sale
    $400,000

    Downtown Piedmont, High-Traffic Location, 6,500 sq ft

    Property size:
    6,500 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional commercial and residential investment property in the heart of Piedmont, Oklahoma, presents a unique opportunity. Encompassing 0.91 acres (MOL) comprised of twelve city lots, each approximately 25' x 132.42', this prime real estate boasts 132 feet of frontage on NW 1st Street. A substantial 50' x 130' barn, situated on five of the lots, provides ample storage or potential for adaptive reuse. The property's strategic location places it directly within the downtown area, a hub for town events and a concentration of retail businesses. Adding to its appeal, seven of the lots feature a residential property currently generating a monthly rental income of $1,300. This property is designated for commercial development within the City of Piedmont's 2040 Comprehensive Plan, offering significant potential for a variety of uses, including a business, shopping center, or other commercial ventures. The Canadian County Assessor Numbers are 090037431 & 090037430. The total building square footage is 6,500 square feet. This is a rare chance to acquire a substantial holding in a thriving Oklahoma town.

    Property Features for 323 1St St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    6,500 SF
    Lot Size
    39,640 SF

    Building Details

    Year Built
    1970
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Yankee Fence Company Fence Contractor TV Mounting Service ... Home Cinema Installation

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Piedmont
    County
    Canadian
    State
    Oklahoma
    Longitude
    -97.74684
    Latitude
    35.64146

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    FAQs

    What type of property is this?
    Commercial real estate - Downtown Piedmont, High-Traffic Location, 6,500 sq ft
    Where is this commercial real estate located?
    The property is located at 323 1St St Piedmont, OK.
    What is the asking price?
    The asking price for this property is $400,000.
    (405) 630-0020
    Request Owner's contact information
    323 1St St Piedmont, OK 73078
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    Piedmont, OK 73078
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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
    323 1St St Piedmont, OK 73078
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