Signalized Intersection Retail
For Sale
$725,000
2611 West Broadway, Ardmore, OK 73401
Business Opportunity, Ardmore, OK
Property Size2,237 SF
Lot Size0.34 Acres
Price / SF$324.09
Days on Market458
Property Features for 2611 West Broadway
General Information
Property type
Commercial Sale
Property subtype
Other
View
City
Standard status
Active
Lot size
0.34 Acres
Taxes and HOA fees
Tax Annual Amount
2158
Utilities
Heating system
Forced Air, Electric (Heating)
Water source
Public
Building Details
Flooring type
Tile
Building materials
Stucco
Listing Agency:
Turner Land Company LLC
(580) 465-3571
Listed By:
Thomas Craig Bryant
Added: Jul 30, 2025
Changed: Oct 10
Last Checked: Oct 30 at 5:06AM
MLS# 11546020
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This retail property includes an approximately 2,237-square-foot building on approximately 0.34 acres. The improvements feature stucco construction, tile flooring, forced-air heating, electric heat, and public water service. Commercial zoning and the existing building support retail, quick-service restaurant, or professional service applications.
The property occupies the intersection of West Broadway and Holiday Drive, with frontage on both roads and a signalized access point. It is approximately 1,600 feet east of I-35 exits 31A and 31B, with reported daily traffic of 16,000 to 20,000 vehicles. Burger King and KFC are adjacent, while Two Frogs Grill is across the intersection and Best Western is less than 500 feet away. Additional nearby dining, hotel, fuel, and national-chain businesses contribute to the established commercial setting.
The property occupies the intersection of West Broadway and Holiday Drive, with frontage on both roads and a signalized access point. It is approximately 1,600 feet east of I-35 exits 31A and 31B, with reported daily traffic of 16,000 to 20,000 vehicles. Burger King and KFC are adjacent, while Two Frogs Grill is across the intersection and Best Western is less than 500 feet away. Additional nearby dining, hotel, fuel, and national-chain businesses contribute to the established commercial setting.
Key Highlights
- Approximately 2,237 SF building on approximately 0.34 acres
- Frontage on both West Broadway and Holiday Drive
- Signalized intersection with direct ingress and egress
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,693
Cap Rate
3.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$553,860
$553.9K
Cap Rate 7%
$395,614
$395.6K
Cap Rate 9%
$307,700
$307.7K
Market Conditions
NOI Build-Up for 2,237 SF
Gross rent
$40.3K $18.00/SF
− Vacancy
−$3.3K −$1.49/SF
EGI
$36.9K $16.51/SF
− OpEx
−$9.2K −$4.13/SF
NOI
$27.7K $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 Rate 5%
$553,860
Cap Rate 7%
$395,614
Cap Rate 9%
$307,700
Alternative Uses
Best Use
Specialty Retail
$395.6K
$346.2K – $461.6K
NOI $27,693 @ 7.0% cap · market cap 3.82%
Second Best
Retail
$259.8K
$227.4K – $303.2K
NOI $18,189 @ 7.0% cap · market cap 2.51%
Theoretical Best
Office A
$573.7K
$502.0K – $669.3K
NOI $40,159 @ 7.0% cap · market cap 5.54%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
20,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
296
Businesses Nearby
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Commercial zoning, dual-road frontage, and public water support retail, quick-service, or professional service uses.
Where is this retail space located?
The property is located at 2611 West Broadway Ardmore, OK.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Approximately 2,237 SF building on approximately 0.34 acres; Frontage on both West Broadway and Holiday Drive; Signalized intersection with direct ingress and egress
