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Property profile & analytics
OFF-MARKET Estimated value $515,000
Agricultural properties

323 1st NW St Piedmont, OK 73078-8160

6,500 SF 0.38 ac lot Built 1970
Entity Owned 11-yr Hold ~ Est. High Equity
Property ID
US69-1142191
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Agricultural properties
Use group FARM SUPPLY & EQUIPMENT
Year built 1970
Total area 6,500 SF
Lot 0.38 ac (16,553 SF)
APN 90037431
UPID US69-1142191
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
Current use
Occupant on record · Public records
  • Yankee Fence Company General Contractor Construction Company
  • TV Mounting Service Pros of Piedmont Electrical Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$515k
Owner & transaction history
1st Madison LLC · 11 yrs held
1st Madison LLC
since 2015
3 recorded transactions
2021
Price N/A
2017
Price N/A
2015
$55,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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