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Property profile & analytics
OFF-MARKET
Specialty properties

301 Washington St Ardmore, OK 73401-6927

6,370 SF 0.59 ac lot Built 1910
Entity Owned 4-yr Hold Free & Clear
Property ID
US69-2066471
Property summary
AI-generated overview

This stunning 9,030-square-foot, two-story building, originally constructed in 1910 by the Ringling Brothers, presents a unique redevelopment opportunity. The historic train depot, located at 301 N Washington St, Ardmore, OK 73401, sits on a 0.61-acre lot and boasts 10-foot ceilings. Substantial renovations occurred between 1930 and 1950. The structure, built with brick, mortar, steel, and wood, retains many original features, including doors, doorknobs, hinges, windows, ornate woodwork, and art deco floor tiles. All utilities (electric, water, sewer) are functional. The property is zoned commercial and offers significant potential for various uses, such as office space (general, legal, medical, dental, etc.), retail (restaurant, coffee shop, bakery, etc.), or a unique hospitality venture (bed and breakfast, museum). This registered historical landmark qualifies for substantial federal and state tax incentives to offset renovation costs, making this a financially attractive investment. The building's prime location in Carter County, Oklahoma, adds to its appeal. Detailed information on available tax benefits for historical preservation is accessible through the Oklahoma Historical Society. This exceptional property offers a blend of history, character, and lucrative investment potential.

Property profile
Verified
Property type Specialty properties
Use group CHARITABLE ORGANIZATION
Year built 1910
Total area 6,370 SF
Lot 0.59 ac (25,700 SF)
APN 0010-00-246-005-0-001-00
UPID US69-2066471
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
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Fidelis Development LLC · 4 yrs held
Fidelis Development LLC
since 2022
1 recorded transaction
2022
$125,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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