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Property profile & analytics
FOR SALE
Retail space

105 E Main St Ardmore, OK 73401

13,637 SF 1.34 ac lot Built 1910
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US69-2051325
Property summary
AI-generated overview

This exceptional investment opportunity presents a mixed-use property encompassing 13,637 square feet of retail and multi-family space, situated on a 1.19-acre lot in the heart of historic downtown Ardmore, Oklahoma. The property, located at 105 E Main St, includes two separate buildings and a substantial parking lot with approximately 100 spaces. The main building, a three-story structure built in 1910, is currently 100% occupied. The property is offered at $625,000, representing a price per square foot of $45 and a projected cap rate of 6.00%. The lease type is gross, and the tenancy is multi-tenant. The property's address is 105 E Main St, Ardmore, OK 73401 (APN: 0010-00-323-003-0-001-00). This property presents a compelling value-add opportunity, particularly given its potential for historic tax credit utilization. The inclusion of an operating restaurant building further enhances the investment potential. The seller may consider owner financing options. This is a rare chance to acquire a significant piece of Ardmore's vibrant downtown.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1910
Total area 13,637 SF
Lot 1.34 ac (58,370 SF)
APN 0010-00-323-003-0-001-00
UPID US69-2051325
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
  • Paint With Ruby May (Bike/Boat/Book/etc) Store
  • Ardmore Emporium Home Decor Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Rancho Dinero LLC · 2 yrs held
Rancho Dinero LLC
since 2024
Last sale
$175,000
7 recorded transactions
2024
$175,000
2024
Price N/A
2023
Price N/A
2017
Price N/A
2017
Price N/A
2016
Price N/A
2016
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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