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    603 Lk Murray E Dr Ardmore, OK 73401-3850

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    603 Lk Murray E Dr Ardmore, OK 73401-3850


    • Auto shops
    • 3,000 SF
    • 0.19 lot acres
    Off-Market
    Property ID
    US69-1892144
    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.

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    Cap Rate Potential
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    Current Use by Public Records

    • Auto shops

    Property Details for 603 Lk Murray E Dr

    Year built
    1980
    Lot size
    0.19 lot acres
    Property size
    3,000 SF
    Property type
    Auto shops
    APN
    0010-00-471-006-0-001-00
    APU
    1000471006000100

    Description

    This exceptional mixed-use property in Ardmore, Oklahoma, offers a unique investment opportunity. The 3,000 square foot commercial building, situated on a 0.19-acre lot, boasts a prime corner location with over 100 feet of road frontage on Lake Murray Drive, ensuring high visibility and easy access. The building itself is a steel structure with 12-foot walls and a 14-foot peak, featuring a well-designed layout including a reception area, two offices, a kitchenette, a full bath, and two spacious work bays. The bays offer ample room for maneuvering projects, potentially accommodating three automotive lifts. Natural light is abundant thanks to translucent roofing panels. A 2.5-ton Goodman central AC unit ensures year-round climate control. Recent improvements include the addition of the reception area and office space less than four years ago, enhancing the property's functionality. Additional storage is available above the office space. The building is positioned at the rear of the lot, providing ample concrete parking in front and to the west. This property is being sold as a package deal that includes three adjacent residential lots located at 513 & 517 Lake Murray Drive, and 437 SE E Street, one of which is also a corner lot. This package deal offers significant potential for expansion or development. The location is highly desirable, just two blocks from the Hardy Murphy Coliseum, guaranteeing high visibility and traffic flow, and less than ten miles from Lake Murray State Park. This property presents a rare combination of commercial and residential potential in a thriving location.


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    Location Insight

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    • Local Demand
    City
    Ardmore
    County
    Carter
    State
    Oklahoma
    Longitude
    -97.1237
    Latitude
    34.1632
    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
    $764
    $3,641
    $4,099
    $7,740
    -
    $30,338
    $34,158
    $64,496
    More about this property
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