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    12020 Ok-30 Hwy Erick, OK 73645

    For Sale
    $474,900

    Spacious Shop, Home, & Cropland on 20 Acres

    Property size:
    11,325 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional 20-acre property in Erick, Oklahoma presents a unique investment opportunity. The expansive site boasts over 11,325 square feet of versatile shop buildings, perfectly complemented by comfortable living quarters. The main shop building measures 50x100 feet, is insulated, and features three 14x14-foot overhead doors, ideal for various commercial uses or storage. An additional 40x40 foot insulated shop provides further space. A 45x105-foot metal building houses the living area, complete with five offices and two bathrooms. A newly installed shower and all appliances are included. Five acres are paved for ample parking, while the remaining fifteen acres are cultivated cropland, offering potential for additional income streams. The property is equipped with a sprinkler system, water softener, rural water access, PSO electric, and a water well, ensuring convenience and functionality. This property is zoned for both residential and commercial use, making it an incredibly flexible and valuable asset. The combination of substantial shop space, comfortable living quarters, and productive cropland makes this a truly remarkable opportunity.

    Property Features for 12020 Ok-30 Hwy

    General Information

    Property type
    Investment properties
    Square Feet
    11,325 SF
    Lot Size
    871,200 SF

    Building Details

    Year Built
    2012
    Property Profile Location Intelligence

    Current Use by Public Records

    Investment properties

    Map

    City
    Erick
    County
    Beckham
    State
    Oklahoma
    Longitude
    -99.87568
    Latitude
    35.27393

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    FAQs

    What type of property is this?
    Investment property - Spacious Shop, Home, & Cropland on 20 Acres
    Where is this investment property located?
    The property is located at 12020 Ok-30 Hwy Erick, OK.
    What is the asking price?
    The asking price for this property is $474,900.
    (580) 225-4379
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12020 Ok-30 Hwy Erick, OK 73645
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