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Lakefront Mobile Home Park
For Sale
$875,000

2241 Pelican Drive, Grove, OK 74344

Commercial Sale, Grove, OK

Property SizeContact for details
Lot Size5.10 Acres
Days on Market550

Property Features for 2241 Pelican Drive

General Information

Property type Commercial Sale
Property subtype Other
Rooms Basement
Subdivision Grove-X Land
Lot features Lake Access, Lake Access
High school Grove
Elementary school district Grove
Middle school district Grove
High school district Grove
Directions From Downtown Grove (Main Street and 3rd) go south on Main Street to State Park Road. Turn right (West) on State Park road to the property on the left.
Standard status Active
APN 210036828
Size 1 SF
Lot size 5.10 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 08-24-24 PT NW SW BEG 225' S 0F NW COR S2 NW SW; S 355.3'; N E 74 DEG 335.2'; N E 24 DEG 117'; NE 26 DEG 388.8'; W 396'
Tax Annual Amount 4616
Legal Description 08-24-24 PT NW SW BEG 225' S 0F NW COR S2 NW SW; S 355.3'; N E 74 DEG 335.2'; N E 24 DEG 117'; NE 26 DEG 388.8'; W 396'

Utilities

Sewer type Public Sewer
Water source Public
Water front features Lake Front
Water front 1

Amenities

waterfront

Building Details

Floors in Building 1
Listing Agency: Butler Real Estate, Inc.
Listed By: Donald Boyte
Added: Mar 12, 2025 Changed: Aug 22 Last Checked: Sep 12 at 9:06PM
MLS# 25-525

Copyright © 2026 Northeast Oklahoma Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mobile home park spans 5.1 acres and includes 19 mobile homes, with some units remodeled. The current ownership and occupancy mix includes 14 homes owned by the seller, 10 of those homes rented to residents, and 5 homes owned by tenants who pay lot rent. Eight additional spaces are available within the property for future expansion.

The property offers approximately 160 ft of lake frontage at 2241 Pelican Drive in Grove, Oklahoma. Public water and public sewer serve the site, supporting the existing residential park configuration.

Key Highlights

  • 19 mobile homes across 5.1 acres
  • 14 homes owned by the seller; 10 are currently rented
  • 5 tenant‑owned homes generate lot rent

Property Analytics

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Current Use

Mobile home & RV ...

Suggested Use

Top Pick Law Firm Auto Parts Store Electrical Service Grocery & Convenience Store Parking Lot & Garage (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

19
Residential units

Location Intelligence

Trade Area within ½ mile

270
Businesses Nearby

Demographics for 74344, OK

14,923
Population
8,523
Households
1.8
Avg Household Size
52
Median Age
25%
College-Educated
92%
High-School Grad
89.6 sq mi
ZIP Area
167
Density / Sq Mi
$56,644
Median Household Income
$32,391
Median Earnings
$902
Median Rent
$207,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mobile home & RV park - Lakefront park with public water and sewer service and capacity for additional spaces.
Where is this mobile home & rv park located?
The property is located at 2241 Pelican Drive Grove, OK.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: 19 mobile homes across 5.1 acres; 14 homes owned by the seller; 10 are currently rented; 5 tenant‑owned homes generate lot rent
More about this property
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