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Shenandoah
Ardmore, OK 73401
Commercial Frontage - Ardmore Land · Land For Sale · 5.64 AC

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INVESTMENT HIGHLIGHTS

  • 16,000+ traffic count on Commerce St.
  • Surrounded by residential, major retail, and large medical.

EXECUTIVE SUMMARY

Two purchase options on this stretch of land in Ardmore, OK, though preference would go to a single buyer for the listing price of $859,873.
1- Best use as commercial fronting Merrick Drive
82,000SF
$5.95/SF
2- Best use as residential/multi-family, running along Shenandoah
163,678 SF
$3.95/SF

PROPERTY FACTS

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Multifamily
  • Medical
Total Lot Size 5.64 AC
Cross Streets Merrick Ave
Zoning RS-9

1 LOT AVAILABLE

Lot

Price $859,873
Price Per AC $152,459.75
Lot Size 5.64 AC

This lot can be developed into 2 different parcels. Option 1 - Fronts Merrick Drive, best for commercial use - 82,000 SF+/- at $5.95/SF Option 2 - Fronts Shenandoah, best for residential or multifamily - 163,678 SF+/- at $3.95/SF

DESCRIPTION

Located 5 mins from I-35, this property is surrounded by residential, major retail, and medical, including Oklahoma Heart Hospital and Mercy Hospital. Conveniently located immediately behind Walmart Supercenter off of a major city thoroughfare.

  • Listing ID: 19042419

  • Date on Market: 3/28/2020

  • Last Updated:

  • Address: Shenandoah, Ardmore, OK 73401

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