121233 Highway 9 Eufaula, OK 74432

Property Details for 121233 Highway 9

Year built

2006

Lot size

9.61 lot acres

Property size

7,200 SF

Property type

Commercial real estate

Description

This exceptional 9.61-acre commercial and light industrial property in Eufaula, Oklahoma, presents a compelling investment opportunity. The property boasts three 2,400 sq ft light industrial buildings, each currently leased at a monthly rate between $1,200 and $1,500, generating a substantial annual gross income of $46,800. Each building features separately metered electricity and shares a common water connection, simplifying management. Durable construction includes wood rafter ceilings, spray foam insulation, and metal roofing. Office spaces within each building range from 10x15 to 10x20 sq ft, accommodating diverse tenant needs. Beyond the leased buildings, 5.72 acres of undeveloped land offer significant potential for expansion or future development. Strategically located on Highway 9, with an average daily traffic count ranging from 4,800 to 8,500 vehicles (per ODOT data), this property enjoys excellent visibility and accessibility. The property benefits from Eufaula's thriving tourism sector, driven by Lake Eufaula, a major regional attraction offering fishing, boating, and various recreational activities. This lake's popularity contributes to consistent year-over-year population growth (0.74% to 1.25%), fueling economic development in the area. This property is ideal for investors seeking strong rental income and future growth potential in a dynamic market. The combination of existing income and substantial expansion possibilities makes this a truly unique opportunity. The total building square footage is 7,200 sq ft.

Location Insight

City

Eufaula

County

McIntosh

State

Oklahoma

Longitude

-95.5773

Latitude

35.2578