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    Mixed-use properties

    2303 Knox Rd, Ardmore, OK 73401

    2.84 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional mixed-use commercial property, located at 2303 Knox Rd, Ardmore, OK 73401, presents a unique investment opportunity. Situated on a generous 2.84-acre lot, this building boasts approximately 100 parking spaces, providing ample convenience for tenants and patrons. Previously utilized as a restaurant and later a gym, the property offers versatile space adaptable to a wide range of commercial uses. Its strategic location near I-35 and the Ardmore Convention Center ensures high visibility and accessibility. Significant improvements have been made, including a complete flat roof replacement in 2009 and the installation of a central heating and air conditioning (CHA) system in 2007 and 2009. The HVAC system comprises three 5-ton units, one 7.5-ton unit, ensuring efficient climate control throughout the building. The asking price is $1,900,000. This property's prime location, substantial parking, and recent renovations make it an ideal investment for discerning buyers seeking high-return potential in a thriving Oklahoma market. The building's history as a restaurant and gym demonstrates its adaptability and potential for diverse commercial applications. This is a rare opportunity to acquire a well-maintained, versatile commercial property in a desirable location.

    Property profile
    Verified
    Property type Mixed-use properties
    Lot 2.84 ac (123,710 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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