3946 Carter St Ardmore, OK 73401
This expansive 2,496 square foot church building presents a unique investment opportunity in Ardmore, Oklahoma. Situated on a 2-acre lot just outside city limits, this property offers exceptional versatility and significant potential for various uses. Currently zoned for multi-family use, it's ideally suited for conversion into apartments or a thriving Airbnb operation. Its location in the Plainview school district is a significant advantage, attracting families and providing access to quality education. The property's proximity to the new Lakecrest Casino on Highway 70 further enhances its appeal, offering convenient access to a major entertainment and tourism hub. The building itself has served the community for many years, providing a solid foundation for its future transformation. The substantial size of the lot allows for ample parking and potential for expansion or the addition of outdoor amenities. This is a rare chance to acquire a large, well-located property with a rich history and a bright future. The possibilities are truly endless, making this an exceptional investment for discerning buyers seeking a unique and profitable venture. The property is ready for its next chapter, awaiting a visionary owner to unlock its full potential and shape its destiny. Serious inquiries are encouraged to explore this remarkable opportunity.
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
Similar Nearby for Lease
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.