510 Williams St Wayne, OK 73095
This exceptional commercial property, located at 510 S Williams Street in Wayne, Oklahoma, presents a unique investment opportunity. Boasting 1,664 square feet on a 0.39-acre lot, this completely remodeled building offers immense potential. Situated on Highway 59, with convenient proximity (approximately 2 miles) to Interstate 35, this location ensures high visibility and accessibility. The interior has been extensively renovated, featuring new subflooring and flooring, updated plumbing and electrical systems, a new HVAC system, blown-in insulation, and a brand-new roof. Currently configured with two large separate rooms, a storage room, a mechanical closet, and a half bath, the layout is adaptable to a variety of commercial uses. A striking custom counter/bar is already in place. While windows were previously removed and bricked over, the work was completed in a manner that allows for the potential reinstatement of windows. The property has no zoning restrictions, offering flexibility for either commercial or residential development. Please note that this property is being sold in conjunction with 508 S Williams Street (approximately 8398 square feet on 0.193 acres). Potential buyers are responsible for independently verifying all details, including school districts, zoning regulations, and the precise square footage of both the building and the land. The asking price for this property is $149,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.