Live-Work Metal
18147 Us Highway 70 Lone Grove, OK 73443
18147 Us Highway 70, Lone Grove, OK, 73443
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For Sale
Contact for pricing
Metal building with living quarters and an additional shop with septic and electrical hook-ups on 5 acres.
Property Size1,008 SF
Lot Size5.00 Acres
Price / SF$167.66
Days on Market71
Property Features for 18147 Us Highway 70
General Information
- Standard status
- Active
- Size
- 1,008 SF
- Lot size
- 5.00 Acres
- Property subtype
- Office
Building Details
- Year Built
- 2011
Listing Agency
Platinum Team Realty
(580) 618-2020
Listed by
Eric Taliaferro · License #171917
Source
Crexi
Added: May 12 Updated: Jul 20 at 4:53 pm Checked: Jul 20 at 4:53 pm
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Platinum Team Realty
Investment Insights
Based on property information with market context.
This versatile live-work property features a 34 x 30 metal building on 5 acres, combining commercial space with on-site living quarters. Inside, the home area includes stained concrete floors, an open living area, and flexible interior space that can support private offices, meeting use, or additional workspace. The layout is designed to function for both business operations and residential living.
An additional shop is located on the property and is equipped with septic and electrical hook-ups, offering flexibility for a variety of workspace needs or future improvements. The main building provides room for office operations, storage, equipment, or business expansion.
Located at 18147 US Highway 70 in Lone Grove, Oklahoma, the property offers a single-site configuration for buyers seeking a combined live-work setup with extra outbuilding space.
An additional shop is located on the property and is equipped with septic and electrical hook-ups, offering flexibility for a variety of workspace needs or future improvements. The main building provides room for office operations, storage, equipment, or business expansion.
Located at 18147 US Highway 70 in Lone Grove, Oklahoma, the property offers a single-site configuration for buyers seeking a combined live-work setup with extra outbuilding space.
Key Highlights
- 2011 metal commercial building with living quarters plus an additional shop on 5 acres
- Main building size is 34 x 30 (CH) with open living area and flexible space for office, meeting, or workspace use
- Stained concrete floors in the living quarters
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $21.4k | $21.24 |
| − Vacancy | −$2.2k | −$2.19 |
| EGI | $19.2k | $19.05 |
| − OpEx | −$5.8k | −$5.72 |
| NOI | $13.4k | $13.34 |
1,008 SF · lease $21.24/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Warehouse
$233.2K
$204.1K – $272.1K
NOI $16,324 @ 7.0% cap · market cap 9.66%
Second Best
Industrial
$192.0K
$168.0K – $224.1K
NOI $13,443 @ 7.0% cap · market cap 7.95%
Theoretical Best
Office A
$258.5K
$226.2K – $301.6K
NOI $18,096 @ 7.0% cap · market cap 10.71%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Live-work space
Similar For Sale Nearby
FAQs
What type of property is this?
Live-work space - Metal building with living quarters and an additional shop with septic and electrical hook-ups on 5 acres.
Where is this live-work space located?
The property is located at 18147 Us Highway 70 Lone Grove, OK.
What is the asking price?
The asking price for this property is $169,000.
What are key features of this property?
This property features: 2011 metal commercial building with living quarters plus an additional shop on 5 acres; Main building size is 34 x 30 (CH) with open living area and flexible space for office, meeting, or workspace use; Stained concrete floors in the living quarters
