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    809 Sheb Wooley Ave Erick, OK 73645

    For Sale
    $350,000

    Prime location, large building, 4.96 acres.

    Property size:
    3,795 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional commercial property, located at 809 N Sheb Wooley Avenue in Erick, Oklahoma, presents a remarkable investment opportunity. Situated just seven miles from the Texas border, this property enjoys a high-traffic location, benefiting from its proximity to Love's Travel Stop, a major draw for travelers heading east from Amarillo, Texas. The main building boasts a substantial 3,795 square feet of space, complemented by a full bathroom and two half-bathrooms. The property also includes a generous 4.96 acres of land (more or less), providing ample room for expansion or additional development. A convenient storage shed is also included. Previously operating as the Okie Trading Post Retail Store, the building has been thoroughly cleaned and is ready for immediate occupancy. A significant new addition was constructed in 2014, expanding the original 1962 structure, specifically the south portion of the building. The expansive acreage and substantial square footage offer a multitude of possibilities, including the potential for a restaurant, retail store, or even an RV park. This property's strategic location and versatile layout make it an ideal choice for a wide range of commercial ventures. Seller financing options may be available. Schedule a viewing to explore the potential of this exceptional property.

    Property Features for 809 Sheb Wooley Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,795 SF
    Lot Size
    216,058 SF

    Building Details

    Year Built
    1962
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Building Supply Spa & Massage Auto Repair Shop Hair Salon Clothing Store Nail Salon Hotel & Motel Auto Parts Store Wholesale Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Erick
    County
    Beckham
    State
    Oklahoma
    Longitude
    -99.86861
    Latitude
    35.22313

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    FAQs

    What type of property is this?
    Commercial real estate - Prime location, large building, 4.96 acres.
    Where is this commercial real estate located?
    The property is located at 809 Sheb Wooley Ave Erick, OK.
    What is the asking price?
    The asking price for this property is $350,000.
    (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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    809 Sheb Wooley Ave Erick, OK 73645
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