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Property profile & analytics
OFF-MARKET
Commercial real estate

510 Williams St Wayne, OK 73095

1,664 SF 0.39 ac lot Built 1950
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Year built 1950
Total area 1,664 SF
Lot 0.39 ac (16,988 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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