Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Prime Development Site in Ardmore Title is generated by Realmo AI

    1405 Brookview Dr, Ardmore, OK 73401

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    ±0.95-acre site in commercial corridor, ideal for retail.

    Type:Land
    Lot size:
    0.95 Acres
    Added:
    Mar 27, 2026
    Days on Market:
    46
    Last Refresh:
    Mar 17 at 1:16 pm

    Property Features for 1405 Brookview Dr

    General Information

    Standard status
    Active
    Lot size
    0.95 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    Jason Fefer

    Listing agent Jason Fefer License #CA 02100489

    Listing office Marcus & Millichap - Los Angeles

    Listing date Mar 27, 2026

    Source Crexi

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

    All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Los Angeles

    HighLights

    • Prime ±0.95‑acre development site in Ardmore's dominant commercial corridor.
    • Ideally located off 12th Avenue NW, near high‑performing national retailers.
    • Well‑positioned for QSR, medical, or general service‑based retail due to strong co‑tenancy and proximity to Mercy Hospital Ardmore.
    • Infrastructure is already in place, offering a clear pathway to delivery.
    • Includes monument signage rights for high visibility.
    • Offers a compelling opportunity to establish a visible, high‑demand presence in an underserved market with long‑term growth potential.

    Overview

    The property at 1405 Brookview Drive is a ±0.95-acre development site. It features frontage and access within Ardmore’s commercial corridor. The location is just off 12th Avenue NW, near national retailers such as Walmart, Academy Sports, and Dollar Tree. The site is suitable for QSR, medical, or general service-based retail, with consideration given to the nearby medical demand from Mercy Hospital Ardmore. Infrastructure is in place, and monument signage rights are included. The site is positioned to establish a visible presence in an underserved market with growth potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Ardmore
    County
    Carter
    State
    Oklahoma
    Longitude
    -97.15279
    Latitude
    34.1890282

    Nearby Similar for Sale

    • $1,197,500
      6,300 SF

      Ardmore Retail Business Opportunity

      Turn-key business opportunity in a high-traffic Ardmore location.
      1017 N Washington Street, Ardmore, OK 73401
      View Details
    • $1,400,000
      8,698 SF

      Historic Mixed-Use Facility in Ardmore

      Renovated historic building in the Depot District, Ardmore, Oklahoma.
      117 Caddo Street, Ardmore, OK 73401
      View Details
    • $1,000,000
      10,543 SF

      Commercial Building in Ardmore, OK

      Commercial building with large rooms, kitchen, and dining area.
      1032 Cherry Street, Ardmore, OK 73401
      View Details
    • $350,000

      Prime Commercial Lot in Ardmore

      1.09-acre commercial lot in a rapidly developing area.
      1401 Kiowa, Ardmore, OK 73401
      View Details
    • $386,000
      3,375 SF

      Ardmore Commercial Property with Rail Access

      Commercial property with rail access and loading docks in Ardmore.
      305 B SE, Ardmore, OK 73401
      View Details
    • $225,000

      Commercial Lot Near Interstate 35

      Commercial lot near I-35, ideal for development.
      Holiday Drive, Ardmore, OK 73401
      View Details
    • $675,000
      5,920 SF

      Versatile Commercial Complex in Ardmore

      Multi-tenant commercial property with income potential and convenient location.
      607 S Lake Murray Drive, Ardmore, OK 73401
      View Details
    • $725,000

      Prime Commercial Property - Ardmore, OK

      High-visibility commercial property near I-35 with strong customer base.
      2611 West Broadway, Ardmore, OK 73401
      View Details
    • $4,925,000

      Prime Land with Highway Frontage

      197 acres near I-35 and Hwy 77 in Ardmore, OK.
      1293 Bussell Ridge Rd., Ardmore, OK 73401
      View Details
    • $185,000
      3,700 SF

      Commercial Land with Shop, Ardmore

      6.37 acres of commercial land with shop in Ardmore.
      2964 Gene Autry Road, Ardmore, OK 73401
      View Details
    • $4,975,500

      Prime Land Near Interstate 35

      66 acres with I-35 frontage near Lake Murray State Park.
      0 Lodge Road, Ardmore, OK 73401
      View Details
    • $349,900

      Land Near Lake Murray

      5.73 acres near Lake Murray, suitable for recreation or commercial.
      55 Shadow, Ardmore, OK 73401
      View Details

    FAQs

    What type of property is this?
    Commercial land - ±0.95-acre site in commercial corridor, ideal for retail.
    Where is this commercial land located?
    The property is located at 1405 Brookview Dr Ardmore, OK.
    What are key features of this property?
    This property features: Prime ±0.95‑acre development site in Ardmore's dominant commercial corridor.; Ideally located off 12th Avenue NW, near high‑performing national retailers.; Well‑positioned for QSR, medical, or general service‑based retail due to strong co‑tenancy and proximity to Mercy Hospital Ardmore.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Jason Fefer
    Real Estate License ID: CA 02100489
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1405 Brookview Dr, Ardmore, OK 73401
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!