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Property profile & analytics
OFF-MARKET Estimated value $620,000
Turn key restaurants

127 Main St Ardmore, OK 73401-6413

10,000 SF 0.13 ac lot Built 2021
Entity Owned 9-yr Hold Absentee Owner Free & Clear
Property ID
US69-1808383
Property summary
AI-generated overview

This stunning 10,000 square foot, two-story office building is ideally situated on a 0.13-acre corner lot in Ardmore's historic downtown district. Constructed in 2021, this property seamlessly blends modern amenities with the architectural charm of the Depot District. Boasting abundant natural light from 35 large 4x8 windows, the building offers versatile space suitable for either office or restaurant use. The ground floor features seven offices, a conference room, and two restrooms, while the upper level includes ten offices, a large open area, and three restrooms. The building is ADA compliant, pre-wired for an elevator, and equipped with a state-of-the-art water filtration system and fire suppression system. A new TPO roof was installed in 2021, and six 5-ton A/C units ensure climate control. High-speed internet access is provided via CAT-6 wiring and fiber optics. Interior walls are easily reconfigurable to meet individual needs. The building retains essential restaurant infrastructure, should that use be desired. On-street parking is available, supplemented by shared parking lots with neighboring businesses. The property's prime location is just blocks from the Carter County Courthouse and Ardmore Municipal Court. The asking price includes all mentioned features. Lease options may also be considered by the owner.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2021
Total area 10,000 SF
Lot 0.13 ac (5,663 SF)
APN 0010-00-326-017-0-003-00
UPID US69-1808383
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$620k
Owner & transaction history
St Clair Holdings LLC · 9 yrs held
St Clair Holdings LLC
since 2017
4 recorded transactions
2020
Price N/A
2017
Price N/A
2009
Price N/A
2009
$98,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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