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Property profile & analytics
OFF-MARKET Estimated value $1,480,000
Super regional malls

1211 Commerce St Ardmore, OK 73401-1853

67,019 SF 1.4 ac lot Built 1980
Entity Owned Absentee Owner Free & Clear
Property ID
US69-1935551
Property summary
AI-generated overview

This exceptional Class A retail center, located at the high-traffic intersection of Commerce and 12th Avenue N.W. in Ardmore, Oklahoma, offers multiple spaces for lease. Boasting over 272,754 square feet on 18.44 acres, this single-story development features 6 suites, with a minimum divisible space of 1,000 square feet and a maximum contiguous space of 10,000 square feet. Currently, 21,923 square feet are available. The property, renovated in 2014, benefits from multiple ingress/egress points, making it highly accessible for customers and employees. With a strong trade area population of 345,000 people within a 50-mile radius, this center enjoys a 91% occupancy rate, with 82% of tenants being national brands. Prominent co-tenants include Hobby Lobby, TJ Maxx, Ulta, and many others, ensuring high foot traffic and brand synergy. The property is zoned commercial and located in Carter County. A tenant allowance is offered, making this an attractive opportunity for businesses seeking a prime location in a thriving retail environment. Nearby retailers include Lowe's, Ross, and other major brands, further solidifying the area's retail strength. This is a rare opportunity to secure space in a highly successful, established retail center.

Property profile
Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1980
Total area 67,019 SF
Lot 1.4 ac (60,984 SF)
APN 0840-00-000-000-0-007-00
UPID US69-1935551
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
  • Lulu Leopard Clothing & Fashion Store
  • LL Fence & Outdoor Design General Contractor Construction Company
  • US Marine Corps Recruiting Military Recruiting Office
  • Tiny Tots Boutique Clothing & Fashion 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
$1.48M
Owner & transaction history
MOUNTAIN VIEW MIDSTAR LLC
MOUNTAIN VIEW MIDSTAR LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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