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Property profile & analytics
OFF-MARKET Estimated value $1,460,000
Turn key restaurants

1012 Broadway Edmond, OK 73034-3942

2,394 SF 1.05 ac lot Built 1979
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US69-0226910
Property summary
AI-generated overview

This exceptional investment opportunity presents a fully operational restaurant located at 1012 S Broadway in Edmond, Oklahoma. The property boasts a substantial 2,394 square feet situated on a generous 1.05-acre lot, offering ample space for both indoor and outdoor operations. The building itself has undergone recent updates, ensuring modern functionality and aesthetic appeal. Key features include a spacious lobby area, a well-equipped kitchen designed for efficient food preparation, and conveniently located public restrooms. Natural lighting floods the interior, creating a welcoming atmosphere, further enhanced by an enclosed patio area at the front of the building. A drive-thru adds significant convenience for customers, contributing to the overall operational efficiency. The property's prime location near downtown Edmond ensures high visibility and consistent traffic flow, surrounded by a thriving business community. Currently leased to a successful restaurant, this property offers immediate income potential, making it an attractive investment for discerning buyers seeking a stable and profitable venture in a desirable location. The combination of a strong tenant, updated facilities, and a prime location makes this a truly exceptional opportunity. The property's size and features provide significant flexibility for future expansion or adaptation to other commercial uses, should the need arise.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1979
Construction BRICK
Total area 2,394 SF
Lot 1.05 ac (45,912 SF)
APN 18-441-5000
UPID US69-0226910
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
Current use
Occupant on record · Public records
  • Desi Corner Restaurant
  • Wendy's Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.51M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.46M
Owner & transaction history
C Reddy LLC · 2 yrs held
C Reddy LLC
since 2023
Last sale
$1.4M
4 recorded transactions
2023
$1.4M
2023
Price N/A
2013
$765,500
2007
$484,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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