172268 County Rd Laverne, OK 73848
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.
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
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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.