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    OFF-MARKET
    Industrial properties

    2012 Main St, Stillwater, OK 74074-7132

    1,020 SF 6 ac lot Built 1981
    Individually Owned 10-yr Hold Free & Clear
    Property ID
    US69-0911799
    Property summary
    AI-generated overview

    This exceptional commercial property in Stillwater, Oklahoma presents a compelling investment opportunity. Located at 2012 South Main Street, this property boasts 4,140 square feet of office space spread across two separate buildings situated on a 0.47-acre lot (lots 1-6, block 2). The main building, previously used as an office complex, offers ample space with multiple established offices, two large lobby areas with conversion potential, three restrooms, and a kitchen. The secondary building, currently under a month-to-month lease with a window tinting company, provides additional income potential. The property benefits from a prominent 147-foot frontage on South Main Street, ensuring high visibility and accessibility. Ample parking is available for tenants and clients. Recent Phase I and Phase II environmental site assessments have been completed and are available for review. The property's strategic location is further enhanced by the presence of other businesses operating in close proximity. This versatile property is zoned for commercial use and offers a unique chance to acquire a well-situated, established office complex with immediate income potential and significant upside. The previous owner has relocated their business to Guthrie, Oklahoma, leaving this prime Stillwater location ready for a new owner.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Year built 1981
    Total area 1,020 SF
    Lot 6 ac (261,360 SF)
    APN 600020061
    UPID US69-0911799
    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
    Current use
    Occupant on record · Public records
    • R3 Custom Window Tinting Interior Design Auto Repair Shop
    • R3 Window Tinting Auto Repair Shop
    • Draeger Interlock Auto Parts Store Security Service
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
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    Owner & transaction history
    Doyle W Ritter · 10 yrs held
    Doyle W Ritter
    since 2015
    7 recorded transactions
    2017
    2015
    2015
    $139,000
    2013
    2010
    $122,000
    2005
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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