Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    36756 Ew Rd Okemah, OK 74859
    Back to Search
    Property profile & analytics

    36756 Ew Rd Okemah, OK 74859

    View on Map
    • Commercial real estate
    • 5,600 SF
    • 1.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 36756 Ew Rd

    Year built
    2019
    Lot size
    1.00 lot acres
    Property size
    5,600 SF
    Property type
    Commercial real estate

    Description

    This exceptional turnkey indoor grow facility, located at 36756 Ew Road Unit 1120RD, Okemah, OK, presents a unique investment opportunity. The 5,600 square foot facility, built in 2019, sits on a one-acre lot and boasts a robust 3-phase 980-amp electrical capacity. The property includes a Certificate of Occupancy (COO). The facility is equipped for high-volume production, featuring five distinct grow rooms, each meticulously designed for optimal plant growth. Room configurations vary, but each includes lighting systems (Luxx 645 pro, Sun System DE 1000 watts, Ion 630 LED), climate control (toggle dehumidifiers, wall fans, CO2 burners), and ample grow tables with sliding trays. A dedicated 108 sq ft vegetative room is also included, equipped with specialized lighting and climate control. Extensive ancillary equipment is included in the sale, encompassing a wide range of tools and supplies necessary for cultivation, including trimmers, sprayers, a chipper, water chillers, various containers, irrigation timers, pumps, and more. Additional equipment includes a laptop, monitor, printer, and various other items to support operations. This comprehensive setup ensures a smooth transition for a new operator. The property is ready for immediate operation, pending the acquisition of a grower's license. The asking price is $1,250,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Okemah
    County
    Seminole
    State
    Oklahoma
    Longitude
    -96.3177
    Latitude
    35.4379

    Comparable in this City

    • Value Estimation by Request
      4.00 Acres

      Okemah, OK 74859

      COMMERCIAL (GENERAL) • 4.00 Acres
      Okemah, OK 74859
      View Details
    • Value Estimation by Request
      160 SF

      Okemah, OK 74859

      COMMERCIAL (GENERAL) • 160 SF
      Okemah, OK 74859
      View Details
    • Value Estimation by Request
      90 SF

      323 Bdwy

      COMMERCIAL (GENERAL) • 90 SF
      323 Bdwy, Okemah, OK 74859
      View Details
    • Value Estimation by Request

      36756 Ew Rd

      Land
      36756 Ew Rd, Okemah, OK 74859
      View Details
    • Value Estimation by Request
      4,899 SF

      208 Bdwy St

      Commercial real estate • 4,899 SF
      208 Bdwy St, Okemah, OK 74859
      View Details
    • Value Estimation by Request

      Okemah, OK 74859

      COMMERCIAL (GENERAL)
      Okemah, OK 74859
      View Details

    Similar Nearby for Sale

    • $1,250,000
      5,600 SF

      Okemah Indoor Grow Facility

      Turnkey Cannabis Operation, 5600 sq ft
      36756 Ew Rd, Okemah, OK 74859
      View Details
    • $185,000
      2,300 SF

      Renovated Commercial Property in Okemah

      Move-in-ready commercial space in downtown Okemah with modern upgrades.
      320 W Broadway St, Okemah, OK 74859
      View Details
    • $129,900
      Pending

      Historical Building with Restaurant Space

      Historical building with restaurant, office, and entertainment venue potential.
      104 S 2Nd St, Okemah, OK 74859
      View Details
    • $130,000
      20.00 Acres

      Okemah Land for Recreation/Home

      20+/- acre Okfuskee County land ideal for recreation or building.
      1020 E 1020 Rd, Okemah, OK 74859
      View Details
    • $35,000
      Pending

      Land Near Lake Wetumka

      5.9 acre wooded tract near Okemah, Oklahoma.
      2 E 1180 Rd, Okemah, OK 74859
      View Details
    • $115,500
      2.50 Acres

      Okemah Land for Development

      2.51+/- acre tract ideal for residential or commercial development.
      1 E/I-40 Frontage Rd, Okemah, OK 74859
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    36756 Ew Rd
    Okemah, OK 74859
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    36756 Ew Rd, Okemah, OK, 74859
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!