Established Bar and Entertainment
For Sale
Contact for pricing
14307 Us Highway 70, Ardmore, OK 73401
Established bar and entertainment venue with expansion potential.
Property Size2,545 SF
Price / SF$147.35
Days on Market158
Property Features for 14307 Us Highway 70
General Information
Standard status
Active
Size
2,545 SF
Property subtype
Business for Sale, Mixed Use
Building Details
Year Built
1979
Listing Agency:
Active Real Estate
Listed By:
Ashley Higgs · License #181523
Source:
Crexi
Added: Mar 18
Changed: Aug 10
Last Checked: Aug 22 at 6:19PM
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 Active Real Estate
Investment Insights
Based on property information with market context.
This established bar and entertainment venue is located between Ardmore and Lone Grove on Highway 70. The property features a spacious indoor setup and an even more spacious outdoor entertainment area, including an outdoor bar, a live music stage, and a covered pavilion. The sellers are currently adding a bull riding arena and balcony seating to offer more events to the public. The property offers the potential to expand a business portfolio or step into a profitable venture. The property size is 2545 square feet.
Key Highlights
- Established bar and entertainment venue with steady weekly income.
- Spacious indoor and outdoor entertainment areas, including an outdoor bar and live music stage.
- New bull riding arena and balcony seating currently being added.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$31,506
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.40%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$630,120
$630.1K
Cap Rate 7%
$450,086
$450.1K
Cap Rate 9%
$350,067
$350.1K
Market Conditions
NOI Build-Up for 2,545 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$45.8K $18.00/SF
− Vacancy
−$3.8K −$1.49/SF
EGI
$42.0K $16.51/SF
− OpEx
−$10.5K −$4.13/SF
NOI
$31.5K $12.38/SF
Area
Carter County, OK
Vacancy
8.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$630,120
Cap Rate 7%
$450,086
Cap Rate 9%
$350,067
Alternative Uses
Best Use
Specialty Retail
$450.1K
$393.8K – $525.1K
NOI $31,506 @ 7.0% cap · market cap 8.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$652.7K
$571.1K – $761.5K
NOI $45,688 @ 7.0% cap · market cap 12.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
69
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 73401, OK
36,744
Population
16,349
Households
2.2
Avg Household Size
41
Median Age
23%
College-Educated
88%
High-School Grad
351.5 sq mi
ZIP Area
105
Density / Sq Mi
$60,288
Median Household Income
$39,005
Median Earnings
$960
Median Rent
$174,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- 70 West Saloon — 14307 US Hwy 70, Ardmore, OK 73401
Frequently Asked Questions
What type of property is this?
Bar & Pub - Established bar and entertainment venue with expansion potential.
Where is this bar & pub located?
The property is located at 14307 Us Highway 70 Ardmore, OK.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Established bar and entertainment venue with steady weekly income.; Spacious indoor and outdoor entertainment areas, including an outdoor bar and live music stage.; New bull riding arena and balcony seating currently being added.
