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Shenandoah
Ardmore, OK 73401
Commercial Frontage - Ardmore Land · Land For Sale
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5.64 AC
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
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 | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 5.64 AC |
| Property Type | Land | Cross Streets | Merrick Ave |
| Property Subtype | Commercial | ||
| Zoning | RS-9 - Residential Single-Family | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 5.64 AC |
| Cross Streets | Merrick Ave |
| Zoning | RS-9 - Residential Single-Family |
1 Lot Available
Lot
| Price | $1,175,489 CAD | Lot Size | 5.64 AC |
| Price Per AC | $208,420.11 CAD |
| Price | $1,175,489 CAD |
| Price Per AC | $208,420.11 CAD |
| 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.
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