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Property profile & analytics
OFF-MARKET
Flex space

951 Main St Lexington, OK 73051-9061

5,250 SF 1.16 ac lot Built 2009
Entity Owned 2-yr Hold Free & Clear
Property ID
US69-0590487
Property summary
AI-generated overview

This exceptional commercial property, encompassing a substantial 7,930 square feet, presents a remarkable investment opportunity. Situated on a generous 5.7-acre lot just outside Lexington, Oklahoma, its prime location offers unparalleled visibility and accessibility. The property enjoys convenient access to Highway 77, providing seamless connectivity to Interstate 35, ensuring high traffic flow and excellent exposure for any business. The building itself boasts a wealth of features, including three-phase electric service, a large overhead garage door, and numerous divided rooms offering versatile space planning options. Recent upgrades include a newly replaced roof, ensuring long-term cost savings and peace of mind. The property is serviced by a septic system and a well, providing independent utility management. The extensive electrical infrastructure further enhances its adaptability to a wide range of commercial uses. This property's size, location, and features make it an ideal choice for businesses seeking a prominent presence in a thriving area. The ample acreage also allows for future expansion or additional development, maximizing the potential return on investment. This is a rare opportunity to acquire a substantial commercial property with significant upside.

Property profile
Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 2009
Construction STEEL FRAME
Total area 5,250 SF
Lot 1.16 ac (50,530 SF)
APN LX57 6 1W 6019
UPID US69-0590487
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Cotran LLC · 2 yrs held
Cotran LLC
since 2023
Last sale
$375,000
3 recorded transactions
2023
$375,000
2023
$100,000
2019
$75,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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