Corner Retail
For Sale
Contact for pricing
801 N Commerce Street, Ardmore, OK 73401
Retail storefront on the NE corner of N Commerce and 8th Ave NW in Ardmore, Oklahoma.
Property Size1,200 SF
Price / SF$1.58
Days on Market216
Property Features for 801 N Commerce Street
General Information
Standard status
Active
Size
1,200 SF
Zoning
COMMERCIAL
Lease Term
24 Months
Amenities
Other
Building Details
Building Size
1,200 SF
Year Built
1973
Listing Agency:
I Sell Houses Real Estate Co
Listed By:
Emily King · License #183227
(580) 222-1452
Source:
Evrealestate
Added: Mar 24
Changed: Oct 21
Last Checked: Oct 24 at 5:34PM
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
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Investment Insights
Based on property information with market context.
This for-sale retail storefront is located at 801 N Commerce Street and offers approximately 1,200 square feet of commercial space.
The property sits on the NE corner of N Commerce and 8th Ave NW in Ardmore, Oklahoma, within Carter County. Its corner positioning supports straightforward access from both streets.
Ideal for a buyer seeking a compact retail footprint in a corner storefront configuration, with the space sized to fit a range of retail uses consistent with the property’s general retail presentation.
The property sits on the NE corner of N Commerce and 8th Ave NW in Ardmore, Oklahoma, within Carter County. Its corner positioning supports straightforward access from both streets.
Ideal for a buyer seeking a compact retail footprint in a corner storefront configuration, with the space sized to fit a range of retail uses consistent with the property’s general retail presentation.
Key Highlights
- Retail storefront on the NE corner of N Commerce and 8th Ave NW in Ardmore, Oklahoma
- Built in 1973
- Fencing: none
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,757
Suggested Prices Based on Cap Rates
Cap Rate 5%
$195,140
$195.1K
Cap Rate 7%
$139,386
$139.4K
Cap Rate 9%
$108,411
$108.4K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$15.8K $13.20/SF
− Vacancy
−$1.9K −$1.58/SF
EGI
$13.9K $11.62/SF
− OpEx
−$4.2K −$3.48/SF
NOI
$9.8K $8.13/SF
Area
Carter County, OK
Vacancy
12.00%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$195,140
Cap Rate 7%
$139,386
Cap Rate 9%
$108,411
Alternative Uses
Best Use
Retail
$139.4K
$122.0K – $162.6K
NOI $9,757 @ 7.0% cap · market cap 513.53%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$307.7K
$269.3K – $359.0K
NOI $21,542 @ 7.0% cap · market cap 1,133.79%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,109
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 - Retail storefront on the NE corner of N Commerce and 8th Ave NW in Ardmore, Oklahoma.
Where is this retail space located?
The property is located at 801 N Commerce Street Ardmore, OK.
What are key features of this property?
This property features: Retail storefront on the NE corner of N Commerce and 8th Ave NW in Ardmore, Oklahoma; Built in 1973; Fencing: none
