1903 Main St Woodward, OK 73801-2942
This exceptional turn-key investment opportunity encompasses a substantial 14,500+ square feet of subdivided commercial space situated on a prominent Woodward, Oklahoma Main Street location. The property boasts high occupancy rates, thanks to its attractive and recently renovated spaces, each designed to appeal to both customers and tenants. The building features a well-maintained roof, updated heating and air conditioning systems, and ample parking for tenants and patrons. The property's prime location on a busy thoroughfare ensures high visibility and accessibility. A significant advantage is the inclusion of a vacant 0.57-acre lot adjacent to the west, presenting a unique opportunity for expansion. This could involve constructing additional rental space to further increase income potential or developing more parking to enhance the property's appeal. Financial analysis reveals strong potential for a high return on investment. This property offers a compelling opportunity to acquire a substantial portion of a city block, with the possibility of acquiring an adjacent property as part of a larger package deal. The property's current high occupancy and recent renovations make it an attractive investment for those seeking a stable and profitable commercial venture. Detailed financial information is available upon request.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.