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    602 Main St Ardmore, OK 73401

    For Sale
    $350,000

    Two prime commercial lots, Main Street frontage.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional offering presents a rare opportunity to acquire two historically significant commercial land parcels situated in the vibrant heart of downtown Ardmore, Oklahoma. Located at 602 West Main Street, these lots boast highly desirable Main Street frontage, providing unparalleled visibility and accessibility for any commercial venture. Each lot features sizable entrances, offering convenient access for customers and employees. With a combined area totaling [Square footage not provided], these parcels represent a blank canvas for investors, entrepreneurs, and business owners seeking a prime location to establish their presence. The high traffic count on Main Street ensures significant exposure, and with the ongoing growth of downtown Ardmore, this investment is poised for continued appreciation. The property is ideally suited for a variety of commercial uses, including office spaces, retail establishments, or other businesses seeking a prominent location. The lots are available for purchase individually or as a combined package, providing flexibility to suit diverse investment strategies. This is an exceptional opportunity to capitalize on the revitalization of downtown Ardmore and secure a valuable piece of commercial real estate in a thriving community. The property's address is 602 West Main Street, Ardmore, OK 73401. The asking price for the combined lots is $350,000.

    Property Features for 602 Main St

    General Information

    Property type
    Land

    HighLights

    • Two historically significant commercial land parcels in downtown Ardmore, OK.
    • Highly desirable Main Street frontage with excellent visibility and accessibility.
    • Large entrances for convenient customer and employee access.
    • Combined area offers a prime location for various commercial uses.
    • High traffic count ensures significant exposure, with potential for appreciation.
    • Available for individual or combined purchase, offering investment flexibility.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Photo Services Portrait Studio

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Ardmore
    County
    40019
    State
    Oklahoma
    Longitude
    -97.135597
    Latitude
    34.174048

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    FAQs

    What type of property is this?
    Land - Two prime commercial lots, Main Street frontage.
    Where is this land located?
    The property is located at 602 Main St 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 historically significant commercial land parcels in downtown Ardmore, OK.; Highly desirable Main Street frontage with excellent visibility and accessibility.; Large entrances for convenient customer and employee access.
    Request Owner's contact information
    602 Main 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
    602 Main St Ardmore, OK 73401
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