Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    201 Broadway St Ardmore, OK 73401
    Back to Search
    Property profile & analytics

    201 Broadway St Ardmore, OK 73401

    View on Map
    • Warehouses
    • 5,472 SF
    • 0.12 lot acres
    For Sale
    $399,000
    View Listing →
    Downtown Ardmore Commercial Space For Sale
    $399,000
    5,472 SF

    Downtown Ardmore Commercial Space

    High-traffic location, 5,472 sq ft.

    201 Broadway St, Ardmore, OK 73401
    View Listing
    Property ID
    US69-2107998
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • IDEAL Furniture of Ardmore / Furniture & Home Goods / Home Decor Store

    Property Details for 201 Broadway St

    Year built
    1900
    Lot size
    0.12 lot acres
    Property size
    5,472 SF
    Property type
    Warehouses
    APN
    0010-00-306-005-0-001-00
    APU
    1000306005000100

    Description

    This exceptional 5,472 square foot commercial property is located at 201 E Broadway Unit 201, Ardmore, Oklahoma. Situated on a 0.12-acre lot in the heart of downtown Ardmore, this property offers unparalleled access to a thriving commercial district. The area is characterized by a vibrant atmosphere, with a diverse mix of restaurants, boutiques, and other businesses that draw significant foot traffic from both residents and visitors. This prime location presents a unique investment opportunity for entrepreneurs and investors alike, providing excellent visibility and accessibility. The property's substantial size allows for a wide range of potential uses, making it suitable for various commercial ventures. The building's interior layout is adaptable and can be customized to meet the specific needs of a new tenant or business owner. This is more than just a commercial space

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Ardmore
    County
    Carter
    State
    Oklahoma
    Longitude
    -97.1257
    Latitude
    34.1739
    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
    $2,668
    $1,944
    $25,056
    $27,000
    -
    $16,200
    $208,800
    $225,000

    Comparable in this City

    • Value Estimation by Request
      2,886 SF

      11 Caddo St

      WAREHOUSE, STORAGE • 2,886 SF
      11 Caddo St, Ardmore, OK 73401-6994
      View Details
    • Value Estimation by Request
      3,750 SF

      13 Drew SW St

      WAREHOUSE, STORAGE • 3,750 SF
      13 Drew SW St, Ardmore, OK 73401-7001
      View Details
    • Value Estimation by Request
      3,000 SF

      1717 Veterans Blvd

      WAREHOUSE, STORAGE • 3,000 SF
      1717 Veterans Blvd, Ardmore, OK 73401
      View Details
    • Value Estimation by Request
      1,400 SF

      11 3rd NE Ave

      WAREHOUSE, STORAGE • 1,400 SF
      11 3rd NE Ave, Ardmore, OK 73401
      View Details
    • Value Estimation by Request
      3,079 SF

      400 A NE St

      WAREHOUSE, STORAGE • 3,079 SF
      400 A NE St, Ardmore, OK 73401-6934
      View Details
    • Value Estimation by Request
      2,065 SF

      306 Main St

      WAREHOUSE, STORAGE • 2,065 SF
      306 Main St, Ardmore, OK 73401-7906
      View Details

    Similar Nearby for Sale

    • $386,000
      1.81 Acres

      Ardmore Commercial Property with Rail Access

      Commercial property with rail access and loading docks in Ardmore.
      305 B St SE, Ardmore, OK 73401
      View Details
    • $250,000
      3,200 SF

      Metal Building on Fenced Land

      3,200 SF metal building on 2.18 acres.
      1496 Us Highway 77, Ardmore, OK 73401
      View Details
    • Contact for pricing
      2,037,000 SF

      Extensive Manufacturing and Warehouse Facility

      Large industrial complex with expansion potential in Ardmore, Oklahoma.
      1101 Michelin Rd, Ardmore, OK 73401
      View Details
    • Contact for pricing
      11,600 SF

      Industrial Warehouse with Secured Yard

      11,600 SF warehouse with office, fenced yard, dock.
      215 N Rockford Rd, Ardmore, OK 73401
      View Details
    • $350,000
      5,088 SF

      Lone Grove Warehouse/Shop Opportunity

      Versatile commercial property with high visibility and access.
      9033 Prairie Valley Rd, 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

    Similar Nearby for Lease

    • Contact for pricing
      443,650 SF

      Ardmore Warehouse Space Available

      443,650 SF warehouse space in Ardmore, Oklahoma.
      3500 Flanders Dr, Ardmore, OK 73401
      View Details
    • 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
    • $26 SF/Yr
      4,708 SF

      Retail Space in Ardmore, OK

      Retail space available in Ardmore, Oklahoma, near Interstate 35.
      807 N 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
    View Listing
    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.
    201 Broadway St
    Ardmore, OK 73401
    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

    Thank You for Inquiry
    201 Broadway St, Ardmore, OK, 73401
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!