63320 4625 Rd Proctor, OK 74457
This exceptional 21.5-acre property boasts 750 feet of prime Illinois River frontage, offering unparalleled access for recreation. The centerpiece is a thriving floating business, complete with ten rafts and twenty-six float tags, ready for immediate operation. A substantial 1,598 square foot clubhouse provides ample space, adaptable for residential conversion or event hosting. Two cozy cabins, ideal for short-term rentals or staff housing, complement the property's income potential. Additional features include a 24x30 shop, a pavilion perfect for outdoor gatherings, public restrooms, and eleven RV spots, further enhancing revenue streams or accommodating large groups. This turnkey operation presents a unique blend of recreational and commercial opportunities, situated in a tranquil riverside setting. The property's versatility allows for diverse uses, from a continued focus on the existing floating business to expansion into various hospitality ventures. The combination of established income streams and significant development potential makes this a truly remarkable investment opportunity. The property's location on the Illinois River provides a picturesque setting, attracting visitors and residents alike. The existing infrastructure, including the clubhouse, cabins, shop, and pavilion, provides a solid foundation for continued success or creative expansion. This is a rare chance to acquire a substantial riverfront property with a proven business model and significant upside potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
5 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.