698 12Th Ave Ardmore, OK 73401
- Mixed-use properties
- 2,935 SF
- 0.64 lot acres
Current Use by Public Records
- Mixed-use properties
Property Details for 698 12Th Ave
- Year built
- 1950
- Lot size
- 0.64 lot acres
- Property size
- 2,935 SF
- Property type
- Mixed-use properties
Description
This exceptional 0.64-acre mixed-use property at 698 NW 12th Street, Unit 698, Ardmore, OK, presents a compelling investment opportunity. Boasting a strategic location directly across from Mercy Hospital and a new Travel Stop gas station, this site benefits from exceptionally high traffic counts. The property encompasses 2,935 square feet and includes three existing buildings. One building, located at 1122 G NW, has housed a dry cleaning business generating $1500 in monthly rent for the past year. The owner will demolish the other two structures and prepare a level building pad for future development. This flexibility extends to build-to-suit options for long-term tenants, catering to a variety of commercial needs. The property offers significant road frontage: 220 feet along the north side facing 12th NW, 150 feet along the east side facing Wolverton NW, and 105 feet along the west side facing G NW. This prime location, coupled with the potential for redevelopment and existing income-generating structure, makes this a truly unique opportunity for investors seeking high-traffic commercial development in a thriving Ardmore area. The asking price for this exceptional property is $500,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ardmore
- County
- Carter
- State
- Oklahoma
- Longitude
- -97.1376
- Latitude
- 34.1867
