Automotive Showroom and 8-Bay
220 Holiday Dr Ardmore, OK 73401
New
220 Holiday Dr, Ardmore, OK, 73401
$1,949,000
For Sale
$1,949,000
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 Market2
Property Features for 220 Holiday Dr
General Information
- Standard status
- Active
- Size
- 9,154 SF
Building Details
- Year Built
- 2002
Listing agency
Oklahoma Land & Realty, LLC
(580) 618-2020
Listed by
Eric Taliaferro · License #171917
Source
Initialpointrealtyok
Added: Jul 20 Updated: Jul 21 at 12:02PM Checked: Jul 21 at 12:02PM
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
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.
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $194.4k | $21.24 |
| − Vacancy | −$20.0k | −$2.19 |
| EGI | $174.4k | $19.05 |
| − OpEx | −$52.3k | −$5.72 |
| NOI | $122.1k | $13.34 |
9,154 SF · lease $21.24/SF/yr · vacancy 10.30% · expense 30.00%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Glen Rabe Motors
Car Dealership
CarWizard.net
Car Dealership
Glen Rabe Motors ...
Auto Repair Shop
Penske Truck Rental
Moving Company
Similar For Sale Nearby
Similar Off Market Nearby
- Carter's Car Repair — 120 Holiday Dr, Ardmore, OK 73401
- Carter County Ram — 3600 w broadway st, ardmore, ok 73401
- Billingsley Lincoln of Ardmore Service — 3804 W Broadway St, Ardmore, OK 73401
- Billingsley Ford of Ardmore — 3804 W Broadway St, Ardmore, OK 73401
- Gerber Collision & Glass — 131 Holiday Dr, Ardmore, OK 73401
FAQs
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.
