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    228 Randolph Ave Enid, OK 73701

    For Sale
    $239,900

    Prime location, two rental units. High-traffic area.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional commercial property at 228 W Randolph in Enid, Oklahoma, presents a unique investment opportunity. The building itself is well-maintained and situated in a highly desirable downtown location, ensuring excellent visibility and accessibility. The property consists of two separate rental units, currently occupied. The ground floor is leased to a bridal shop, while the upper floor houses a prom shop. Both tenants are established businesses, providing a stable income stream for the new owner. The building's size is not specified, but its prime location in the heart of downtown Enid makes it an attractive proposition for a variety of commercial uses. The property is being sold as a building and land package

    Property Features for 228 Randolph Ave

    General Information

    Property type
    Other commercial real estate

    Building Details

    Year Built
    1910
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Skeleton Creek Productions Video Production Service Simpson's Old Time ... Museum The Bridal Shop Bridal Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Enid
    County
    Garfield
    State
    Oklahoma
    Longitude
    -97.88123
    Latitude
    36.39817

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    FAQs

    What type of property is this?
    Commercial real estate - Prime location, two rental units. High-traffic area.
    Where is this commercial real estate located?
    The property is located at 228 Randolph Ave Enid, OK.
    What is the asking price?
    The asking price for this property is $239,900.
    (580) 233-4040
    Request Owner's contact information
    228 Randolph Ave Enid, OK 73701
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    Enid, OK 73701
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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
    228 Randolph Ave Enid, OK 73701
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