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Property profile & analytics
OFF-MARKET
Commercial real estate

172268 County Rd Laverne, OK 73848

97.63 ac lot Built 2022
Property ID
Property summary
AI-generated overview

This exceptional commercial property in Laverne, Oklahoma presents a unique investment opportunity. Spanning 97.63 acres, the site boasts three substantial metal buildings, totaling approximately 14,000 square feet (more or less). The buildings were previously utilized as a medical marijuana cultivation facility, offering a versatile layout adaptable to various commercial uses. One 5,000 square foot building served as a drying facility, while another 5,000 square foot building was dedicated to crude extraction. A third building, measuring 4,000 square feet, housed cloning, growing, and trimming operations. The property includes multiple showers and restrooms, enhancing its functionality. A significant portion of the land, roughly 82 acres, is equipped with a Reinke irrigation system, providing substantial water management capabilities. The property's size, existing infrastructure, and irrigation system make it suitable for a wide range of commercial ventures, presenting a compelling opportunity for investors seeking a substantial and well-equipped property in a rural Oklahoma setting. The asking price is $900,000. This is a rare opportunity to acquire a large-scale commercial property with significant existing infrastructure.

Property profile
Verified
Property type Commercial real estate
Year built 2022
Lot 97.63 ac (4,252,763 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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