Technical
Financial
Distress signals
Property profile

720 E Lake Murray Dr Ardmore, OK 73401

FOR SALE
Gas stations
Property ID
US69-1785226
1,980 SF 0.37 ac lot Built 1942
Individually Owned 19-yr Hold Free & Clear
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Property summary

AI-generated overview

This 1,980-square-foot industrial distribution center is ideally situated in Ardmore, Oklahoma, at 720 E Lake Murray Dr, zip code 73401. Located in Carter County, this property offers a unique opportunity for a variety of businesses. The asking price is $75,000, translating to a price per square foot of $37.88. Its prime location provides easy access to both the serene Lake Murray and the Hardy Murphy Coliseum, ensuring high visibility and potential for a strong customer base. The property's history and nostalgic charm present a unique opportunity for adaptive reuse. Potential uses could include a service station, convenience store, restaurant, or a creative mixed-use space. The property's proximity to these local attractions promises a consistent flow of potential customers. This is a rare chance to acquire a well-positioned industrial space in a desirable location. The property's address is 720 E Lake Murray Dr, Ardmore, OK 73401. Latitude and longitude coordinates are 34.162757, -97.1220235 respectively.

Property profile

Verified
Property type Gas stations
Use group SERVICE STATION (FULL SERVICE)
Year built 1942
Total area 1,980 SF
Lot 0.37 ac (16,117 SF)
APN 0010-00-489-008-0-001-00
UPID US69-1785226

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

720 E Lake Murray Dr Ardmore, OK 73401
Ardmore metro Census 892801 ARDMORE, OK MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2007
1 recorded transaction
2007
$43,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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