8460 US Highway 70 - Flex FOR SALE


Mead, OK 73449
$3,000,000 USD
918-808-5847
8460 US Highway 70, Mead, OK for Sale
$3,000,000 USD
Flex - FOR SALE
1/4
null | Request Cap Rate

8460 US Highway 70
Mead, OK 73449


OVERVIEW

Welcome to an exciting investment opportunity in Mead, Oklahoma, strategically located just 12 minutes from the Choctaw Casino Resort and 15 minutes from Lake Texoma. This prime commercial development can be built into 47,000 square feet of warehouse and flex space, along with a 5,000 square foot retail building, perfectly positioned to capitalize on the region's booming tourism and economic growth. The Choctaw Casino Resort, a $600 million expanded facility, attracts over 1.2 million visitors annually, with 20,000 to 25,000 patrons each week. Its 1,700 hotel rooms are consistently booked from Thursday through Sunday, creating a steady flow of visitors from Oklahoma, North Texas, and beyond. Additionally, Lake Texoma, a major recreational destination, draws thousands of tourists year-round. Market research shows commercial lease rates in the area range from$18 to$30 per square foot, offering strong revenue potential for this development. With its proximity to major attractions and a growing demand for commercial space, this project is poised to deliver exceptional returns. Join us in transforming this vision into reality and be part of a thriving, high-demand market. Invest in the future of Mead, Oklahoma. https://www.youtube.com/watch?v=TdT5MuF8SVM This property currently has a 5,210 square foot home, built in 1997. The property of 40 acres is 96% improved pastures, with three ponds and two barns ready for horses or cattle.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$64 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

STATUS

Proposed

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

-

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

39.54

LAND SF

1,722,216

ZONING

IP

APN/PARCEL ID

0000-33-06S-08E-2-005-00

ASK ABOUT THIS PROPERTY

Muhammad AsadKeller Williams Realty PreferredMore Info
918-808-5847

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Muhammad AsadKeller Williams Realty PreferredMore Info
918-808-5847

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