45021 County Street 2700 Cyril, OK 73029
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13.61 Acres, 42,000 SF, High Cap Rate
Property size:
42,000 SFProperty Features for 45021 County Street 2700
General Information
- Property type
- Distribution properties
- Square Feet
- 42,000 SF
- Class
- C
- Lot Size
- 592,852 SF
Building Details
- Year Built
- 1982
- Buildings
- 3
- Stories
- 2
Listing Agency: Insight Commercial Real Estate Listing Agent: Melissa Busse
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This fully occupied, 42,000 square foot industrial property in Cyril, Oklahoma, is offered for sale at $2,200,000, representing a 10.63% capitalization rate. The property sits on 13.61 acres and includes three buildings: a main warehouse with a two-story office complex, a second warehouse, and a 6,000 square foot canopy shelter. The main warehouse, totaling 16,000 square feet, features a 30-foot peak ceiling height, HVAC, one 5-ton single girder crane, and one 15-ton double girder bridge crane. It also includes four 14' x 18' overhead drive-through doors, two passage doors, and one dock. The second warehouse offers 17,600 square feet with sixteen 14' x 18' overhead doors, HVAC, and an open-span office/meeting room. The two-story office complex boasts a reception area, eight offices, a full kitchen/breakroom, three restrooms with showers, and a conference room, all fully insulated with HVAC. The property is fully fenced and gated, includes approximately 17,000 square feet of concrete paving, employee parking, three three-phase 800-amp power supplies, three water wells, and a propane tank. A rail line runs adjacent to the property, offering potential for negotiated direct rail service. The property is currently 100% occupied under a modified lease with a single tenant, expiring August 31, 2024, with lease options for 2-3 years. The permitted zoning is agricultural. Built in 1982, this Class C industrial property presents a strong investment opportunity.
Property Profile
Location Intelligence
Current Use by Public Records
Distribution centers
Map
- City
- Cyril
- County
- Caddo
- State
- Oklahoma
- Longitude
- -98.179011954357
- Latitude
- 34.911248471445
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FAQs
What type of property is this?
Distribution property - 13.61 Acres, 42,000 SF, High Cap Rate
Where is this distribution property located?
The property is located at 45021 County Street 2700 Cyril, OK.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 13.61-acre industrial property in Cyril, OK, on County St. 2700 and Old US Hwy. 277.; Main building includes a two-story office complex with reception area, eight offices, kitchen, restrooms with showers, and a conference room; fully insulated with HVAC.; 16,000 SF main warehouse features 30' ceilings, HVAC, one 5-ton and one 15-ton crane, four 14'x18' overhead doors, and a loading dock.
