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    7 Broadway St Ardmore, OK 73401

    Sponsored
    For Sale
    $322,500

    High-Occupancy Warehouse, $322,500

    Property size:
    5,350 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A warehouse, located at 7 West Broadway in Ardmore, Oklahoma, presents a compelling investment opportunity. The 5,350 square foot single-story building boasts 100% occupancy, generating a strong 8.00% cap rate. Currently operating as a thriving shared workspace with ten distinct tenants, this property offers immediate cash flow and significant upside potential. The gross lease structure simplifies management, while the prime location in Carter County ensures high visibility and accessibility. The asking price is $322,500, translating to $60.28 per square foot. Previously utilized as vending company offices and warehouse space, the building's adaptable layout caters to a diverse range of commercial uses. The property's strong performance history, combined with its strategic location and attractive price point, makes it an ideal addition to any investment portfolio. This multi-tenant setup provides built-in diversification and minimizes vacancy risk. The property's 73401 zip code places it within a vibrant and growing commercial area of Ardmore. This is a rare opportunity to acquire a fully occupied, high-performing asset in a desirable market. Don't miss out on this exceptional investment prospect.

    Property Features for 7 Broadway St

    General Information

    Property type
    Distribution properties
    Square Feet
    5,350 SF
    Class
    A

    Building Details

    Stories
    1

    HighLights

    • 7 West Broadway location.
    • Former vending company office/warehouse.
    • 5,350 SF single‑story building.
    • Fully occupied.
    • $322,500 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Jules Private Jeweler Jewelry Store Smartt Studios Photography Service Julie Mendoza, Remax ... Real Estate Agent Tim Longest, Broker ... Real Estate Agency Wax Me E, ... Beauty Salon

    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
    -97.1279037
    Latitude
    34.1745058

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    FAQs

    What type of property is this?
    Distribution property - High-Occupancy Warehouse, $322,500
    Where is this distribution property located?
    The property is located at 7 Broadway St Ardmore, OK.
    What is the asking price?
    The asking price for this property is $322,500.
    What are key features of this property?
    This property features: 7 West Broadway location.; Former vending company office/warehouse.; 5,350 SF single-story building.
    Request Owner's contact information
    7 Broadway St Ardmore, OK 73401
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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
    7 Broadway St Ardmore, OK 73401
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