Property profile

809 Sheb Wooley Ave Erick, OK 73645

OFF-MARKET
Commercial real estate
3,795 SF 4.96 ac lot Built 1962
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Property summary

AI-generated overview

This exceptional commercial property, located at 809 N Sheb Wooley Avenue in Erick, Oklahoma, presents a remarkable investment opportunity. Situated just seven miles from the Texas border, this property enjoys a high-traffic location, benefiting from its proximity to Love's Travel Stop, a major draw for travelers heading east from Amarillo, Texas. The main building boasts a substantial 3,795 square feet of space, complemented by a full bathroom and two half-bathrooms. The property also includes a generous 4.96 acres of land (more or less), providing ample room for expansion or additional development. A convenient storage shed is also included. Previously operating as the Okie Trading Post Retail Store, the building has been thoroughly cleaned and is ready for immediate occupancy. A significant new addition was constructed in 2014, expanding the original 1962 structure, specifically the south portion of the building. The expansive acreage and substantial square footage offer a multitude of possibilities, including the potential for a restaurant, retail store, or even an RV park. This property's strategic location and versatile layout make it an ideal choice for a wide range of commercial ventures. Seller financing options may be available. Schedule a viewing to explore the potential of this exceptional property.

Property profile

Verified
Property type Commercial real estate
Year built 1962
Total area 3,795 SF
Lot 4.96 ac (216,058 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

809 Sheb Wooley Ave Erick, OK 73645
Erick metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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