Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    12Th Ave Ardmore, OK 73401

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Prime Ardmore retail land, 5 pads available.

    Lot size:
    177,196 SF

    Property Features for 0 12Th Ave

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    177,196 SF

    Spaces For Lease

    at 0 12Th Ave, Ardmore, OK 73401 Contact us

    We can help!

    Listing Contact
    David Adams
    David Adams

    Listing Agency: The Woodmont Company Listing Agent: David Adams

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional investment opportunity presents five prime retail pad sites totaling 177,196 square feet, situated on 0.5 to 2-acre parcels along 12th Avenue NW in Ardmore, Oklahoma. The property offers excellent visibility and accessibility, boasting frontage on 12th Avenue within Ardmore's thriving retail corridor. Each pad site offers a minimum of 32,002 square feet and a maximum contiguous space of 39,065 square feet, providing flexibility for various retail concepts. The location benefits from convenient cross-access with Market Street at Ardmore Phase I and the Shops at Ardmore, ensuring high traffic volume and exposure to a substantial customer base. Currently, all 177,196 square feet are vacant, presenting a unique chance to establish a new retail presence in a dynamic area. The property is located in Carter County, Oklahoma, with a zip code of 73401. This development is strategically positioned alongside established businesses including Panda Express, Dairy Queen, Seven Brew, Golden Chick, Jiffy Lube, and Scooters, creating a synergistic environment and attracting a diverse range of customers. The property's location and size make it ideal for a variety of retail uses, offering significant potential for growth and return on investment. This is a rare opportunity to acquire highly desirable retail land in a prime Ardmore location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Ardmore
    County
    Carter
    State
    Oklahoma
    Longitude
    -97.1596809
    Latitude
    34.1874902

    Nearby Similar for Lease

    • Contact for pricing
      11,600 SF

      Industrial Warehouse with Secured Yard

      11,600 SF warehouse with office, fenced yard, dock.
      215 N Rockford Rd, Ardmore, OK 73401
      View Details
    • Contact for pricing
      443,650 SF

      Ardmore Warehouse Space Available

      443,650 SF warehouse space in Ardmore, Oklahoma.
      3500 Flanders Dr, Ardmore, OK
      View Details
    • Contact for pricing
      47,061 SF

      Ardmore Retail Center - Prime Location

      High-traffic retail space, multiple suites available.
      320 Commerce St, Ardmore, OK 73401
      View Details
    • Contact for pricing
      25,243 SF

      Ardmore Commons

      Power centers • 25,243 SF
      2401 12Th Ave, Ardmore, OK 73401
      View Details

    FAQs

    What type of property is this?
    Land - Prime Ardmore retail land, 5 pads available.
    Where is this land located?
    The property is located at 12Th Ave Ardmore, OK.
    What are key features of this property?
    This property features: 0.5-2 acre build-to-suit pads available.; 12th Avenue frontage in Ardmore's prime retail area.; Cross-access to Market Street via Ardmore Phase I and Shops at Ardmore.
    Request Owner's contact information
    12Th Ave Ardmore, OK 73401
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    12Th Ave
    Ardmore, OK 73401
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    12Th Ave Ardmore, OK 73401
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing David Adams
    David Adams
    Real Estate License ID: 657603
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!