36565 Private 1568 Dr Wynnewood, OK 73098
This exceptional 5,000 square foot industrial building, situated on a 4-acre lot in Wynnewood, Oklahoma (Garvin County, zip code 73098), presents a unique opportunity for cannabis cultivation. Built in 2020, the property features three 1,250 square foot grow rooms, each equipped with 90, 1,000-watt LED grow lights. Climate control is ensured by six 5-ton AC units and dehumidifiers, supplemented by propane heating. A dedicated 240 square foot dry room and a 180 square foot office space enhance operational efficiency. The property includes a restroom and utilizes county water and REC electric, with a current 800-amp electrical capacity, expandable to 1500 amps. The property is conveniently located near I-35, between Dallas and Oklahoma City, and is outside city limits, free from restrictive regulations. The asking price is $599,000 ($119.80/sq ft). Additional land is available for purchase. This turnkey operation offers significant potential for expansion and profitability within the cannabis industry. The property's features, including its ample space, advanced grow equipment, and strategic location, make it an ideal investment for experienced cultivators seeking to establish or expand their operations.
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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