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    7 Broadway St Ardmore, OK 73401

    • Office buildings
    • 3,350 SF
    • 0.13 lot acres
    For Sale
    View listing
    $322,500
    Value Estimation
    Location Intelligence
    Property ID
    US69-2052788
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Jules Private Jeweler / Jewelry Store
    • Smartt Studios / Photography Service
    • Julie Mendoza, Remax Lifestyle / Real Estate Agent
    • Tim Longest, Broker Associate / Real Estate Agency
    • Wax Me E, LLC / Beauty Salon

    Property Details for 7 Broadway St

    Year built
    1910
    Lot size
    0.13 lot acres
    Property size
    3,350 SF
    Property type
    Office buildings
    APN
    0010-00-304-008-0-001-00
    APU
    1000304008000100

    Description

    This exceptional Class A warehouse, located at 7 West Broadway in Ardmore, Oklahoma, presents a compelling investment opportunity. The 5,350 square foot single-story building boasts 100% occupancy, generating a strong 8.00% cap rate. Currently operating as a thriving shared workspace with ten distinct tenants, this property offers immediate cash flow and significant upside potential. The gross lease structure simplifies management, while the prime location in Carter County ensures high visibility and accessibility. The asking price is $322,500, translating to $60.28 per square foot. Previously utilized as vending company offices and warehouse space, the building's adaptable layout caters to a diverse range of commercial uses. The property's strong performance history, combined with its strategic location and attractive price point, makes it an ideal addition to any investment portfolio. This multi-tenant setup provides built-in diversification and minimizes vacancy risk. The property's 73401 zip code places it within a vibrant and growing commercial area of Ardmore. This is a rare opportunity to acquire a fully occupied, high-performing asset in a desirable market. Don't miss out on this exceptional investment prospect.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ardmore
    County
    Carter
    State
    Oklahoma
    Longitude
    -97.1279
    Latitude
    34.1744
    CBSA code
    11620
    CBSA name
    ARDMORE, OK MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,248
    $1,757
    $10,876
    $12,633
    -
    $17,700
    $190,002
    $207,702

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    7 Broadway St
    Ardmore, OK 73401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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