Technical
Financial
Distress signals
Property profile

951 Main St Lexington, OK 73051

OFF-MARKET
Flex space
Property ID
US69-0590487
5,250 SF 1.16 ac lot Built 2009
Entity Owned 3-yr Hold Free & Clear
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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

Location

951 Main St Lexington, OK 73051-9061
Lexington metro Census 202600 OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$450k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$500k

Owner & transaction history

since 2023
Last sale
$375,000
3 recorded transactions
2023
$375,000
2023
$100,000
2019
$75,000

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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