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Property profile & analytics

951 Main St Lexington, OK 73051-9061

  • Flex space
  • 5,250 SF
  • 1.16 lot acres
OFF-MARKET
Value Estimation
$465,000
Last Sale
Jul 28, 2023
$375,000
Location Intelligence
Property ID
US69-0590487
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.

Current Use by Public Records

  • Flex space

Property Details for 951 Main St

Year built
2009
Construction
STEEL FRAME
Lot size
1.16 lot acres
Property size
5,250 SF
Property type
Flex space
APN
LX57 6 1W 6019
APU
LX5761W6019

Description

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.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $500,000
  • CAP approach

    CAP return
    Estimation
    6%
    $460,000
    6.5%
    $455,000
    7%
    $465,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $450,000
    Geo Method
    $380,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $460,000
    Retail
    $435,000
    Mixed-Use
    $430,000
    Hospitality
    $490,000
    Educational
    $415,000
    Residential Income
    $520,000
    Energy
    $465,000
    Income-Based Land
    $440,000
    Food Service
    $510,000

Location Insight

  • Map
  • Local Demand
City
Lexington
County
Cleveland
State
Oklahoma
Longitude
-97.3361
Latitude
35.0287
CBSA code
36420
CBSA name
OKLAHOMA CITY, OK METROPOLITAN 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
$5,929
$2,544
$54,538
$57,082
-
$25,265
$541,589
$566,854
More about this property
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