505 2 St Goodwell, OK 73939
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.
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.