323 1st NW St Piedmont, OK 73078-8160
This exceptional commercial and residential investment property in the heart of Piedmont, Oklahoma, presents a unique opportunity. Encompassing 0.91 acres (MOL) comprised of twelve city lots, each approximately 25' x 132.42', this prime real estate boasts 132 feet of frontage on NW 1st Street. A substantial 50' x 130' barn, situated on five of the lots, provides ample storage or potential for adaptive reuse. The property's strategic location places it directly within the downtown area, a hub for town events and a concentration of retail businesses. Adding to its appeal, seven of the lots feature a residential property currently generating a monthly rental income of $1,300. This property is designated for commercial development within the City of Piedmont's 2040 Comprehensive Plan, offering significant potential for a variety of uses, including a business, shopping center, or other commercial ventures. The Canadian County Assessor Numbers are 090037431 & 090037430. The total building square footage is 6,500 square feet. This is a rare chance to acquire a substantial holding in a thriving Oklahoma town.
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Yankee Fence Company General Contractor Construction Company
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TV Mounting Service Pros of Piedmont Electrical Service General Contractor
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.