603 Lk Murray E Dr Ardmore, OK 73401-3850
- Auto shops
- 3,000 SF
- 0.19 lot acres
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ardmore
- County
- Carter
- State
- Oklahoma
- Longitude
- -97.1237
- Latitude
- 34.1632
- CBSA code
- 11620
- CBSA name
- ARDMORE, OK MICROPOLITAN STATISTICAL AREA