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    601 State Hwy 152 Hwy Mustang, OK 73064

    For Sale
    $5,000,000

    Prime Location, High Traffic Area, 4.55 Acres

    Property size:
    14,530 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional 4.55-acre commercial property, located at 601 E State Highway 152 in Mustang, Oklahoma, presents a unique investment opportunity. The 14,530 square foot building currently functions as a church/school, but its prime location and substantial size make it ideal for a wide range of commercial ventures. Situated on a highly visible corner lot with approximately 330 feet of frontage along the main thoroughfare, this property benefits from exceptional exposure to high volumes of daily traffic. Mustang is experiencing rapid growth, making this a particularly attractive location for businesses seeking to establish a presence in a thriving market. The surrounding area is already home to a variety of successful shopping, dining, and business establishments, creating a synergistic environment for new businesses. The asking price of $5,000,000 reflects the significant commercial land value and potential for development. This property offers an unparalleled opportunity to capitalize on Mustang's booming economy and establish a strong foothold in a highly desirable commercial zone. The existing structure provides a solid foundation for immediate use or redevelopment, offering flexibility to suit a variety of business needs. Serious inquiries are encouraged.

    Property Features for 601 State Hwy 152 Hwy

    General Information

    Property type
    Specialty properties
    Square Feet
    14,530 SF
    Lot Size
    198,198 SF

    Building Details

    Year Built
    1980
    Property Profile Location Intelligence

    Current Use by Public Records

    Schools

    Map

    City
    Mustang
    County
    Canadian
    State
    Oklahoma
    Longitude
    -97.71293
    Latitude
    35.39242

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    FAQs

    What type of property is this?
    Specialty property - Prime Location, High Traffic Area, 4.55 Acres
    Where is this specialty property located?
    The property is located at 601 State Hwy 152 Hwy Mustang, OK.
    What is the asking price?
    The asking price for this property is $5,000,000.
    (405) 544-9473
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    601 State Hwy 152 Hwy Mustang, OK 73064
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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
    601 State Hwy 152 Hwy Mustang, OK 73064
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