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    401 Russworm Dr Watonga, OK 73772

    Sponsored
    For Sale
    $130,000

    High-traffic location, 44 units, investment opportunity.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    341
    This exceptional commercial property located at 401 W Russworm in Watonga, Oklahoma, presents a compelling investment opportunity. The property consists of 44 individual storage units, offering significant income potential. Benefiting from a highly visible location with state highway frontage, this property enjoys excellent accessibility and exposure to a large volume of traffic. While the majority of the units are in good condition, some of the exterior perimeter units require improvements. It's important to note that the units currently lack electricity. The property is being offered at $130,000, representing a strong value proposition for an investor seeking a ready-made income stream with potential for future upgrades and increased profitability. The existing structure provides a solid foundation for a successful storage business, and the high-traffic location ensures consistent demand. This is an ideal opportunity for an entrepreneur or investor looking to capitalize on the growing need for self-storage solutions in the Watonga area. The property sits on a lot with zero acres. The total square footage of the building is not currently available. Serious inquiries are encouraged to explore this promising investment further.

    Property Features for 401 Russworm Dr

    General Information

    Property type
    Other commercial real estate
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Watonga
    County
    Blaine
    State
    Oklahoma
    Longitude
    -98.41721
    Latitude
    35.8409

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    Nearby Similar for Sale

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      220 W Russworm Dr, Watonga, OK 73772
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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic location, 44 units, investment opportunity.
    Where is this commercial real estate located?
    The property is located at 401 Russworm Dr Watonga, OK.
    What is the asking price?
    The asking price for this property is $130,000.
    (580) 623-5080
    Request Owner's contact information
    401 Russworm Dr Watonga, OK 73772
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    Watonga, OK 73772
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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
    401 Russworm Dr Watonga, OK 73772
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