Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1905 Cooper Dr Ardmore, OK 73401-9099

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1905 Cooper Dr Ardmore, OK 73401-9099

    View on Map
    • Auto shops
    • 6,120 SF
    • 2.88 lot acres
    Off-Market
    Last Sale Sep 9, 2022
    Property ID
    US69-1915783
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $535,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Sooner Lift Inc. / Material Handling Equipment Supplier
    • Crown Lift Trucks / Big Box & Wholesale Store / (Bike/Boat/Book/etc) Store
    • Novo Logistics / Logistics Company / Freight Service

    Property Details for 1905 Cooper Dr

    Year built
    1995
    Lot size
    2.88 lot acres
    Property size
    6,120 SF
    Property type
    Auto shops
    APN
    1440-00-001-005-0-001-00
    APU
    144000001005000100

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $540,000
      Current use
      MEDICAL BUILDING
      $730,000
      Change: +35% Conversion: Difficult
      RESTAURANT
      $685,000
      Change: +27% Conversion: Difficult
      RETAIL STORES
      $635,000
      Change: +17% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Ardmore
    County
    Carter
    State
    Oklahoma
    Longitude
    -97.17
    Latitude
    34.1918
    CBSA code
    11620
    CBSA name
    ARDMORE, OK MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,455
    $29,370
    $19,230
    $48,600
    -
    $244,752
    $160,248
    $405,000

    Comparable in this City

    • Value Estimation by Request
      7,909 SF

      318 Commerce St

      AUTO REPAIR, GARAGE • 7,909 SF
      318 Commerce St, Ardmore, OK 73401-5009
      View Details
    • Value Estimation by Request
      3,040 SF

      808 K NW St

      AUTO REPAIR, GARAGE • 3,040 SF
      808 K NW St, Ardmore, OK 73401-4002
      View Details
    • Value Estimation by Request
      5,600 SF

      304 Sam Noble Pkwy

      AUTO REPAIR, GARAGE • 5,600 SF
      304 Sam Noble Pkwy, Ardmore, OK 73401-6634
      View Details
    • Value Estimation by Request
      960 SF

      Ardmore, OK 73401

      AUTO REPAIR, GARAGE • 960 SF
      Ardmore, OK 73401
      View Details
    • Value Estimation by Request
      2,091 SF

      Ardmore, OK 73401

      AUTO REPAIR, GARAGE • 2,091 SF
      Ardmore, OK 73401
      View Details
    • Value Estimation by Request
      4,576 SF

      11 B SW St

      AUTO REPAIR, GARAGE • 4,576 SF
      11 B SW St, Ardmore, OK 73401-6409
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      12,927 SF

      Auto Shop with Bay Doors

      Auto shop with eight bay doors, built in 2002.
      220 Holiday Dr, Ardmore, OK 73401
      View Details
    • $675,000
      5,920 SF

      Versatile Commercial Complex in Ardmore

      Multi-tenant commercial property with income potential and convenient location.
      607 S Lake Murray Dr, Ardmore, OK 73401
      View Details
    • $250,000
      0.22 Acres

      Ardmore Commercial Parking Lot

      Downtown Ardmore parking lot with monthly rental income.
      A St NW, Ardmore, OK 73401
      View Details
    • $525,000

      Downtown Ardmore Development Opportunity

      Two properties and a large parking lot in historic downtown.
      105 E Main St, Ardmore, OK 73401
      View Details
    • $397,100
      4.18 Acres

      Highway Frontage Commercial Land

      4.18 acres with highway frontage in Ardmore, Oklahoma.
      70 Frontage High Volume Traffic - Great Location, Ardmore, OK 73401
      View Details
    • $225,000
      11,816 SF

      Historic Ardmore Mixed-Use Opportunity

      Two buildings with retail, office, studio, or mixed-use potential.
      307 E Main St, Ardmore, OK 73401
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Commerce Plaza Retail Opportunity

      Redevelopment opportunity with remaining retail space and potential pad sites.
      320 North Commerce St, Ardmore, OK 73401
      View Details
    • Contact for pricing

      Retail Space in Ardmore Corridor

      Strip center and pads for lease in retail corridor.
      12th 12Th Ave NW, Ardmore, OK 73401
      View Details
    • Contact for pricing

      Warehouse with Fenced Yard

      Warehouse with offices, drive-in doors, dock, and fenced yard.
      621 Industrial Dr, Ardmore, OK 73401
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1905 Cooper Dr
    Ardmore, OK 73401-9099
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!