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Property profile

141 Main St Stratford, OK 74872

OFF-MARKET
Warehouses
Property ID
US69-1664784
View Sample
6,957 SF 0.16 ac lot Built 1940
Individually Owned 4-yr Hold ~ Est. High Equity

Property summary

AI-generated overview

This exceptional mixed-use commercial property presents a unique investment opportunity in the heart of Stratford, Oklahoma. Located on a prominent corner lot at Main & Maple Streets, this offering encompasses four buildings situated on a 0.24-acre parcel. The property boasts a total of approximately 6,957 square feet (buyer to verify), offering significant versatility and potential for diverse uses. The two front buildings, situated along Main Street, provide over 5,000 square feet of storefront space, ideal for retail or commercial ventures. One of these buildings has operated successfully as a 24/7 fitness facility since 2022. The adjacent building requires some renovation but holds substantial potential for lease income or as a complementary business. A concrete block building at the rear of the property offers approximately 1,200 square feet of additional space, suitable for rental or expansion. A metal building of approximately 900 square feet is currently used for storage. Further enhancing the property's potential is an existing concrete slab on the west side, providing an opportunity for additional construction or outdoor space. The fitness equipment within the existing gym is available for purchase separately at an additional cost of $20,000 (a detailed equipment list is available). This property offers a compelling blend of established income potential and significant upside for a savvy investor. Don't miss this chance to acquire a substantial commercial property in a desirable downtown location.

Property profile

Verified
Property type Warehouses
Use group STORAGE YARD, OPEN STORAGE
Year built 1940
Total area 6,957 SF
Lot 0.16 ac (7,000 SF)
Zoning code C1
APN 0705-00-028-002-0-000-00
UPID US69-1664784

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gym & Fitness Center
  • Tour Operator

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$55k

Owner & transaction history

since 2021
Last sale
$55,000
1 recorded transaction
2021
$55,000

Zoning & alternative use

C1 · Stratford, OK

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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