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Property profile & analytics
OFF-MARKET
Investment properties

281 Hwy Gracemont, OK 73042

0.65 ac lot Built 1970
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Investment properties
Year built 1970
Lot 0.65 ac (28,314 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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