Automotive Showroom and 8-Bay
For Sale
$1,949,000
220 Holiday Dr, Ardmore, OK 73401
Former dealership and service center featuring a showroom, offices, and an 8-bay garage with extensive concrete parking.
Property Size9,154 SF
Price / SF$212.91
Days on Market93
Property Features for 220 Holiday Dr
General Information
Standard status
Active
Size
9,154 SF
Additional Details
Highway Access
Yes
Service Bays
8
Building Details
Year Built
2002
Listing Agency:
Oklahoma Land & Realty, LLC
Listed By:
Eric Taliaferro · License #171917
(580) 618-2020
Source:
Initialpointrealtyok
Added: Jul 20
Changed: Oct 3
Last Checked: Oct 7 at 4:32PM
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 Oklahoma Land & Realty, LLC
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Investment Insights
Based on property information with market context.
This versatile commercial property was formerly used as a dealership and service center. It includes a spacious showroom with expansive storefront windows, multiple private offices, conference space, customer waiting areas, restrooms, and a break room with kitchenette. The service department features an 8-bay garage suited for automotive repair and related service operations, with additional concrete parking and display areas for inventory, equipment storage, and customer parking.
The property is offered for sale with exceptional visibility from Interstate 35, positioned just minutes from the interstate. It also includes a large pylon sign for advertising exposure to interstate travelers, supporting both sales and service-oriented uses.
A flexible interior layout provides room to support a range of commercial applications, including office and healthcare uses, alongside automotive service and retail activities.
The property is offered for sale with exceptional visibility from Interstate 35, positioned just minutes from the interstate. It also includes a large pylon sign for advertising exposure to interstate travelers, supporting both sales and service-oriented uses.
A flexible interior layout provides room to support a range of commercial applications, including office and healthcare uses, alongside automotive service and retail activities.
Key Highlights
- Built in 2002; former dealership and service center with commercial showroom and office space.
- 8‑bay garage supports automotive repair, fleet/truck service, equipment repair, and related uses.
- Showroom with expansive storefront windows, multiple private offices, conference space, customer waiting areas, restrooms, and break room with kitchenette.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$122,083
Cap Rate
6.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,441,660
$2.4M
Cap Rate 7%
$1,744,043
$1.7M
Cap Rate 9%
$1,356,478
$1.4M
Market Conditions
NOI Build-Up for 9,154 SF
Gross rent
$194.4K $21.24/SF
− Vacancy
−$20.0K −$2.19/SF
EGI
$174.4K $19.05/SF
− OpEx
−$52.3K −$5.72/SF
NOI
$122.1K $13.34/SF
Area
Carter County, OK
Vacancy
10.30%
Lease Rate
$21.24 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,441,660
Cap Rate 7%
$1,744,043
Cap Rate 9%
$1,356,478
Alternative Uses
Best Use
Industrial
$1.74M
$1.53M – $2.03M
NOI $122,083 @ 7.0% cap · market cap 6.26%
Second Best
Office B
$1.74M
$1.52M – $2.03M
NOI $121,602 @ 7.0% cap · market cap 6.24%
Theoretical Best
Office A
$2.35M
$2.05M – $2.74M
NOI $164,333 @ 7.0% cap · market cap 8.43%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
8
Service bays
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
307
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Carter County Ram — 3600 w broadway st, ardmore, ok 73401
- Billingsley Ford of Ardmore — 3804 W Broadway St, Ardmore, OK 73401
- Billingsley Lincoln of Ardmore Service — 3804 W Broadway St, Ardmore, OK 73401
- Carter's Car Repair — 120 Holiday Dr, Ardmore, OK 73401
- Gerber Collision & Glass — 131 Holiday Dr, Ardmore, OK 73401
Frequently Asked Questions
What type of property is this?
Auto shop - Former dealership and service center featuring a showroom, offices, and an 8-bay garage with extensive concrete parking.
Where is this auto shop located?
The property is located at 220 Holiday Dr Ardmore, OK.
What is the asking price?
The asking price for this property is $1,949,000.
What are key features of this property?
This property features: Built in 2002; former dealership and service center with commercial showroom and office space.; 8‑bay garage supports automotive repair, fleet/truck service, equipment repair, and related uses.; Showroom with expansive storefront windows, multiple private offices, conference space, customer waiting areas, restrooms, and break room with kitchenette.
