333769 Ok-105 Perkins, OK 74059
Exceptional investment opportunity: Walnut Creek Ranch, a stunning 40.41-acre property in Perkins, Oklahoma, presents a unique blend of agricultural, commercial, and special-purpose uses. This Class A mixed-use property, located just off Highway 105, offers two buildings totaling 3,000-5,000 square feet. The main structure is a luxurious custom-built log cabin featuring a large wrap-around porch, fishing dock, and cigar room, showcasing high-end finishes. A second, 3,000 square foot guest house, slated for completion in September 2023, will include a full bathroom, commercial kitchen, and three bedrooms designed to match the main cabin's aesthetic. The property boasts a private 4-acre lake and is zoned for rural use. With two units, one dock-high door, and one gas pump, this vacant property presents significant potential for various ventures. Located less than an hour from Oklahoma City and Tulsa, it benefits from excellent demographics, including predicted population growth within a 5-mile radius and strong household income figures. The property's large pad allows for expansion, making it an ideal value-add investment suited for events, cannabis, or agricultural pursuits. The asking price is $1,495,000. Built in 2018, this two-story property is privately owned and features APN 000016N02E14100500.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.