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    1302 Shenandoah Dr Ardmore, OK 73401

    For Sale
    $859,873

    Land suitable for commercial or residential development in Ardmore, OK.

    Lot size:
    5.64 Acres

    Property Features for 1302 Shenandoah Dr

    General Information

    Lot size
    5.64 Acres

    Source: Fleske Commercial Group Agent Kendra Streeter

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

    Overview

    Land for Commercial or Residential

    This property in Ardmore, OK, presents two purchase options, with preference given to a single buyer for the entire listing. One option consists of 82,000 square feet best suited for commercial use fronting Merrick Drive, priced at $5.95 per square foot. The second option includes 163,678 square feet ideal for residential or multi-family development, running along Shenandoah Drive, priced at $3.95 per square foot.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant 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
    Ardmore
    County
    Carter
    State
    Oklahoma
    Longitude
    -97.1478476
    Latitude
    34.1925446

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    FAQs

    What type of property is this?
    Land - Land suitable for commercial or residential development in Ardmore, OK.
    Where is this land located?
    The property is located at 1302 Shenandoah Dr Ardmore, OK.
    What is the asking price?
    The asking price for this property is $859,873.
    What are key features of this property?
    This property features: - Two purchase options: commercial or residential/multi-family; - Prime commercial location fronting Merrick Drive (82,000 SF); - Potential for residential/multi-family development along Shenandoah (163,678 SF)
    (405) 590-7202
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    1302 Shenandoah Dr 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
    1302 Shenandoah Dr Ardmore, OK 73401
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