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Property profile & analytics
OFF-MARKET
Office Spaces

505 2 St Goodwell, OK 73939

2,644 SF 0.41 ac lot Built 1975
Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at 505 W Second Street in Goodwell, Oklahoma, presents a unique investment opportunity. Situated on a 0.41-acre lot, this 2,644 square foot office building enjoys a highly desirable location directly across the street from Oklahoma Panhandle State University. The building's interior offers significant potential for a variety of uses. Features include a large walk-in refrigerator, double sinks, and a conveniently located shower and toilet. The property has recently undergone a thorough cleaning, providing a blank canvas for the next owner to customize and renovate to their specific needs. The C-3 Commercial zoning allows for a wide range of commercial activities, making this property exceptionally versatile. Its proximity to the university creates a strong potential for student-oriented businesses or services, while its size and layout offer ample space for a variety of other commercial ventures. The asking price of $75,000 represents a compelling value for a property with such significant potential in a growing community. This is an excellent opportunity for an investor or business owner seeking a well-located, adaptable commercial space. Don't miss out on this chance to acquire a piece of Goodwell's vibrant commercial landscape.

Property profile
Verified
Property type Office Spaces
Year built 1975
Total area 2,644 SF
Lot 0.41 ac (17,860 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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