281 Hwy Gracemont, OK 73042
This exceptional 0.65-acre property located at 0 Hwy 281 in Gracemont, Oklahoma, presents a unique investment opportunity. Previously utilized as a cultivation facility, the building boasts a thoughtfully designed interior layout featuring multiple partitioned rooms, perfectly suited for various commercial ventures. The structure retains significant operational infrastructure, including over 50 grow lights, a substantial electrical capacity (phase 3 electric), and remarkably, two 25-ton air conditioning units. This robust HVAC system ensures climate control suitable for a wide range of applications beyond its previous use. The adaptable nature of the building allows for diverse repurposing possibilities, catering to entrepreneurs seeking a ready-to-modify space. The property's strategic location in Gracemont offers accessibility and potential for growth. The asking price of $125,000 represents a compelling investment opportunity for those seeking a versatile commercial property with significant existing infrastructure. The substantial existing equipment and adaptable layout minimize initial setup costs, making this an attractive proposition for savvy investors. Serious inquiries are encouraged to explore the full potential of this remarkable property. The 0.65-acre lot provides ample space for expansion or future development.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.