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    215 Washington St Ardmore, OK 73401

    For Sale
    $475,000

    Prime Ardmore location, vacant, 23,287 SF.

    Property size:
    23,287 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional mixed-use property at 215 N Washington St, Ardmore, OK 73401, presents a unique investment opportunity. Boasting a substantial 23,287 square feet of space on a generous 34,848 square foot lot (APN: 0010-00-275-004-0-001-00), this building offers significant potential for redevelopment. Constructed in 1912, the structure features all poured concrete construction, providing a solid foundation for future uses. Currently vacant, this property allows for complete customization to suit a variety of needs. The asking price is $475,000, translating to $20 per square foot. Its prime location in historic Ardmore offers excellent visibility and accessibility. The building's rich history and substantial size make it ideal for adaptive reuse, potentially as residential units, office space, or a combination of both, aligning with mixed-use zoning regulations. This is a rare chance to acquire a significant piece of Ardmore's heritage and shape its future. The property's size and location present a compelling opportunity for investors seeking a substantial project with high redevelopment potential. Serious inquiries are encouraged.

    Property Features for 215 Washington St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    23,287 SF

    Building Details

    Year Built
    1912

    HighLights

    • Exceptional mixed‑use investment opportunity in Ardmore, OK.
    • 23,287 SF building on a 34,848 SF lot (APN: 0010‑00‑275‑004‑0‑001‑00).
    • All poured concrete construction (1912).
    • Currently vacant, allowing for complete customization.
    • $475,000 asking price ($20/SF).
    • Prime location in historic Ardmore with excellent visibility and accessibility.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ardmore
    County
    Carter
    State
    Oklahoma
    Longitude
    -97.127472
    Latitude
    34.175636

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    FAQs

    What type of property is this?
    Mixed-use property - Prime Ardmore location, vacant, 23,287 SF.
    Where is this mixed-use property located?
    The property is located at 215 Washington St Ardmore, OK.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: Exceptional mixed-use investment opportunity in Ardmore, OK.; 23,287 SF building on a 34,848 SF lot (APN: 0010-00-275-004-0-001-00).; All poured concrete construction (1912).
    Request Owner's contact information
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    Ardmore, OK 73401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    215 Washington St Ardmore, OK 73401
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