121233 OK-9 - Freestanding FOR SALE


Eufaula, OK 74432
$1,415,000 USD
208-680-8000
121233 OK-9, Eufaula, OK for Sale
$1,415,000 USD
Freestanding - FOR SALE
1/24
null | 3.31% Cap Rate

121233 OK-9
Eufaula, OK 74432


HIGHLIGHTS

  • 3 Structures 40x60 with 9.61 acres along Highway 9
  • 5.72 Acre laydown yard / expansion area
  • Full Leased with Opportunity for Rent Increases of 25% to EGI of $75-95k

OVERVIEW

Perfect 9.610-acre commercial and light industrial property combines income-producing potential with ample room for growth. Featuring three 40x60 light industrial buildings (2,400 sqft each) currently leased at $1,200 to $1,500/month, the property generates a total gross income of $46,800 annually—with potential for higher rents in the future. Each building is separately metered for electricity and shares a water connection, making management straightforward. Interiors boast wood rafter ceilings with spray foam insulation and metal roofs for durability and efficiency. Office spaces range from 10x15 to 10x20, catering to a variety of tenant needs. In addition to the leased buildings, the property includes 5.72 acres of open space, perfect for expansion or additional development. Conveniently located on Highway 9 with traffic counts between 4,800 to 8,500 AADT (per ODOT), this property offers excellent visibility and accessibility. Whether you're seeking a business location or a robust investment opportunity, this property checks all the boxes. Don't miss out! Tourism and Recreation: Lake Eufaula remains a major driver of the local economy, attracting visitors for fishing, boating, and outdoor recreation. Lake Eufaula, Oklahoma’s largest lake with over 800 miles of shoreline, attracts a significant number of tourists annually. ts popularity is highlighted by frequent fishing tournaments, water sports events, and family-friendly activities hosted throughout the year. The lake is considered one of Oklahoma's prime tourist destinations, contributing substantially to 0.74 to 1.25% growth in population (y-o-y) leading to substantial growth in local tourism and economic development!

FOR SALE DETAILS

PRICE

$1,415,000 USD

PRICE/SF

$197 USD /SF

CAP RATE

3.31%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

undefined, Service, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

9.61 AC

LAND SF

418,612 SF

ZONING

Commercial

APN/PARCEL ID

0000-14-09N-16E-1-009-00

ASK ABOUT THIS PROPERTY

Brian MerzlockAry Land Co | KW Advantage LandMore Info
208-680-8000

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Brian MerzlockAry Land Co | KW Advantage LandMore Info
208-680-8000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.