0 Xxxxxx Red Oak, OK 74563
This exceptional 4,641+/- acre ranch in Latimer County, Oklahoma, presents a unique investment opportunity. Located near Red Oak (zip code 74563), this property boasts a rich history, situated in an area once frequented by outlaws and featuring remnants of a Butterfield Stagecoach station. The ranch is a portion of the renowned Lucky 7 Registered Angus Ranch, known globally for its feed efficiency. Approximately 80% open pasture, with 75% class 4 or better soils, supports a robust carrying capacity of 900+ head of cattle, primarily registered Angus. The land benefits from a 45-inch annual rainfall and diverse grasses including Bermuda, Bahia, Dallis, Orchard, Lespedeza, Fescue, and various clovers, along with native species. Recent improvements have converted wooded areas to pasture, further enhancing the carrying capacity with potential for future expansion. Beyond cattle, the ranch offers excellent hunting opportunities for whitetail deer, eastern wild turkey, and even black bears. This expansive property represents a rare chance to own a significant piece of Oklahoma's history and a highly productive agricultural operation. The asking price is $13,500,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
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