401 Oregon St Temple, OK 73568
This expansive 7700 square foot building located at 401 W Oregon in Temple, Oklahoma presents a remarkable opportunity for a variety of uses. Currently configured as a church/school, the property boasts a large sanctuary, multiple classrooms, ample storage areas, a functional kitchen, and a fellowship hall, providing significant versatility. The electrical system underwent a complete overhaul in 2010, ensuring modern functionality. Furthermore, the roof is only four years old, representing a recent $40,000 investment, minimizing immediate maintenance concerns. Two bathrooms are conveniently located within the building. The property's zoning and potential uses are diverse. It could easily continue its current function as a church or meeting center. Alternatively, given its size and layout, conversion into residential units is a viable option, subject to necessary permits and approvals. The property is being sold "As Is," reflecting an opportunity for a buyer to customize and renovate to their specific needs and vision. This prime location near downtown Temple offers excellent accessibility and visibility. This is a unique opportunity to acquire a substantial property with significant potential for redevelopment or continued use in its current configuration. The asking price is $24,900.
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Temple United Methodist Church Church
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
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.