7120 385 Ave Mannford, OK 74044
This exceptional 60-acre property in Creek County, Oklahoma, presents a unique investment opportunity. Located at 7120 S 385th W Ave, Mannford, OK 74044, near Keystone Lake, the land is zoned AG and offers diverse usage potential. The property includes a substantial 2,700 square foot home featuring four bedrooms, three and a half bathrooms, a mother-in-law suite, children's rooms with a Jack and Jill bathroom, an upstairs bonus room, and ample storage. A significant aspect of this offering is the established, turn-key medical marijuana grow operation situated on the property. This operation encompasses 5,000 square feet of licensed growing space, complemented by an additional 5,000 square feet of warehouse space suitable for expansion or alternative uses. The grow operation boasts 100 lights, 1,000 amps of power, and 51 tons of air conditioning, with each room equipped with its own power shutoff. A comprehensive equipment list is available upon request. A separate dispensary opportunity may also be available. Beyond the MMJ operation, the property's agricultural zoning allows for traditional farming activities. The asking price for this multifaceted property is $1,950,000. This presents a rare combination of residential, commercial, and agricultural potential in a desirable Oklahoma location.
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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Risks
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