1120 G St, Ardmore, OK 73401
This exceptional $550,000 mixed-use investment opportunity in Ardmore, Oklahoma, presents 0.64 acres of prime commercial development land strategically located across from Mercy Hospital and a new Travel Stop gas station at the heavily trafficked intersection of 12th NW and G NW. The property boasts three existing buildings, which the seller will demolish and prepare a building pad for a new construction, ready for immediate development. Alternatively, the seller is open to build-to-suit options for long-term tenants. The 935 square foot property sits on a substantial 27,878 square foot lot, built in 1950, offering significant potential for redevelopment or repurposing. Extensive road frontage is available, measuring 220 feet on the north side facing 12th NW, 150 feet on the east side facing Wolverton NW, and 105 feet on the west side facing G NW. This location ensures high visibility and accessibility, making it ideal for a variety of commercial ventures. The price per square foot is $588.24. This is a rare chance to acquire a well-positioned property with significant upside potential in a thriving area.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.