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Property profile & analytics
OFF-MARKET
Commercial real estate

230 Washington St Enid, OK 73701

Built 1910
Property ID
Property summary
AI-generated overview

This exceptional commercial investment opportunity encompasses a portfolio of properties in the heart of Enid, Oklahoma, steeped in local history. The offering includes the iconic Larry Black's building, a beautifully updated structure currently housing five separate tenants, all under lease. The addresses included in this sale are 230 and 232 West Randolph Street, and 207, 209, and 211 North Washington Street. All these properties are currently generating income from existing leases. Adding to the investment potential, an adjacent property at 228 West Randolph Street, currently occupied by a bridal shop and prom shop, is also available for purchase, presenting an opportunity for expansion or additional rental income. The asking price of $563,900 is based on a 2017 appraisal, reflecting the strong underlying value of this established commercial portfolio. This presents a rare chance to acquire a significant piece of Enid's commercial landscape, offering immediate cash flow and substantial long-term growth potential. The property's prime location ensures high visibility and accessibility, making it an attractive proposition for both current tenants and future occupants. This is a turnkey investment ready to generate income from day one. The details of the individual leases are available upon request. Don't miss this chance to own a piece of Enid's history and secure a profitable future.

Property profile
Verified
Property type Commercial real estate
Year built 1910
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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