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    3336 S Commerce St Ardmore, OK 73401

    For Sale
    $1,350,000

    Two self-storage facilities with expansion potential in Ardmore, Oklahoma.

    Property size:
    38,858 SF
    Lot size:
    5.03 Acres

    Property Features for 3336 S Commerce St

    General Information

    Size
    38,858 SF
    Lot size
    5.03 Acres

    Source: Franklin Street | Charlotte Agent Joseph (Joe) Lombardo

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Value-Add Self Storage Portfolio

    This portfolio comprises two self-storage facilities totaling 37,708 net rentable square feet of non-climate storage, 1,150 square feet of office/apartment space, and 15 outdoor parking spaces. One facility, located at 3336 Commerce Street, is situated on five acres and offers ample room for future expansion. The facilities are located less than two miles apart, allowing for management and operational efficiencies. There is an opportunity to improve revenue over time through lease-up, stabilization, and implementing the capital expenditure improvements needed to bring unrentable units back online. Solid demographics are highlighted by a growing population of 29,343 residents and an average household income of $66,293 within five miles of the facilities. Revenue can potentially be increased by steadily raising below-market rents and implementing scheduled existing customer rent increases.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Suggested Use

    Building Supply Auto Repair Shop Wholesale Shop Auto Parts Store Gym & Fitness Department Store Food Market Bar & Pub Electrical Service Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Ardmore
    County
    Carter
    State
    Oklahoma
    Longitude
    -97.1426744
    Latitude
    34.1349504

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    FAQs

    What type of property is this?
    Self storage facility - Two self-storage facilities with expansion potential in Ardmore, Oklahoma.
    Where is this self storage facility located?
    The property is located at 3336 S Commerce St Ardmore, OK.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: - Heavy value-add self-storage portfolio with significant revenue upside through lease-up, stabilization, and CapEx improvements.; - Opportunity to increase revenue by raising below-market rents and implementing scheduled existing customer rent increases.; - Two locations totaling 37,708 NRSF of non-climate storage, 1,150 NRSF of office/apartment space, and 15 outdoor parking spaces.
    (704) 593-6401
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    3336 S Commerce St Ardmore, OK 73401
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    Ardmore, OK 73401
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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
    3336 S Commerce St Ardmore, OK 73401
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