Light Industrial Retail
5625 W Broadway Street Ardmore, OK 73401
5625 W Broadway Street, Ardmore, OK, 73401
Contact for pricing
For Sale
Contact for pricing
Two-building property with highway frontage and separate addresses, zoned Light Industrial, with dispensary fixtures included.
Property Size2,153 SF
Price / SF$162.56
Days on Market86
Property Features for 5625 W Broadway Street
General Information
- Standard status
- Active
- Size
- 2,153 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1972
Listing agency
I Sell Houses Real Estate Co
(580) 222-7811
Listed by
Emily King · License #183227
Source
Crexi
Added: Apr 28 Updated: Jul 22 at 5:48AM Checked: Jul 22 at 5:48AM
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 I Sell Houses Real Estate Co
Investment Insights
Based on property information with market context.
This for-sale property includes two separate buildings with two addresses. The main building was most recently used as a dispensary, and the sale includes existing items, fixtures, and equipment. The secondary building has separate utilities, offering flexibility in how the spaces can be operated.
The property is described as having highway frontage and is zoned Light Industrial.
With two buildings and separate utilities for the secondary structure, the site supports arrangements for one business or multiple operations under the existing zoning.
The property is described as having highway frontage and is zoned Light Industrial.
With two buildings and separate utilities for the secondary structure, the site supports arrangements for one business or multiple operations under the existing zoning.
Key Highlights
- Two separate buildings with two addresses and highway frontage
- Zoned Light Industrial
- Main building most recently used as a dispensary
Local Financial Insights For Retail
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 | $28.4k | $13.20 |
| − Vacancy | −$3.4k | −$1.58 |
| EGI | $25.0k | $11.62 |
| − OpEx | −$7.5k | −$3.48 |
| NOI | $17.5k | $8.13 |
2,153 SF · lease $13.20/SF/yr · vacancy 12.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$250.1K
$218.8K – $291.8K
NOI $17,506 @ 7.0% cap · market cap 5.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$552.2K
$483.1K – $644.2K
NOI $38,651 @ 7.0% cap · market cap 11.04%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Two-building property with highway frontage and separate addresses, zoned Light Industrial, with dispensary fixtures included.
Where is this retail space located?
The property is located at 5625 W Broadway Street Ardmore, OK.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Two separate buildings with two addresses and highway frontage; Zoned Light Industrial; Main building most recently used as a dispensary
