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    Property profile & analytics

    1106 Commerce St Ardmore, OK 73401

    • Retail space
    • 2,400 SF
    • 0.56 lot acres
    For Sale
    View listing
    $450,000
    Value Estimation
    Location Intelligence
    Property ID
    US69-2117055
    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

    • amco transmission / Corporate Office
    • Nature Meds Cannabis Dispensary / Store

    Property Details for 1106 Commerce St

    Year built
    2008
    Lot size
    0.56 lot acres
    Property size
    2,400 SF
    Property type
    Retail space
    APN
    1385-00-042-029-0-001-00
    APU
    138500042029000100

    Description

    This exceptional retail property, located at 1106 S Commerce Street, Unit 1106 in Ardmore, Oklahoma, presents a unique investment opportunity. Boasting 2,400 square feet of space on a 0.56-acre lot, this high-traffic location offers significant potential for a variety of businesses. Previously utilized as a dispensary, the property is equipped with a city-approved drive-thru, enhancing convenience and accessibility for customers. Security features include a $20,000 security system and electronic keypad entry, ensuring peace of mind. Ample parking is available with over thirty spaces. The property's versatility makes it suitable for a wide range of commercial ventures. Note that this property is part of a package sale with MLS# 2440546

    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
    -97.1424
    Latitude
    34.1594
    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
    $3,115
    $12,127
    $19,403
    $31,530
    -
    $101,060
    $161,692
    $262,752

    Comparable in this City

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      7,410 SF

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    • Value Estimation by Request
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      318 Main St

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      4735 State Hwy 199

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      4,200 SF

      420 Washington St

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      1,710 SF

      511 Lk Murray S Dr

      RETAIL STORES (PERSONAL SERVICES) • 1,710 SF
      511 Lk Murray S Dr, Ardmore, OK 73401-3848
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    • Value Estimation by Request
      1,000 SF

      315 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,000 SF
      315 Main St, Ardmore, OK 73401-7905
      View Details

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    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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