Property profile

1220 Ok-30 Hwy Erick, OK 73645

OFF-MARKET
Investment properties
5,550 SF 3.82 ac lot Built 2008
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Property summary

AI-generated overview

This exceptional commercial property in Erick, Oklahoma, presents a unique opportunity for a variety of businesses. Situated on a generous 3.82-acre lot, the property boasts ample outdoor space ideal for equipment or material storage. The 5,550 square foot building features a substantial 4,000 square foot bay area equipped with dual 14-foot automatic doors at each end, allowing for convenient drive-through access. A built-in lube bay with piped air is included, providing on-site maintenance capabilities. The comfortable office space is approximately 1,550 square feet and includes restrooms and a kitchen, all with tiled flooring. The property benefits from a high-yielding 300 gallons per minute water well, and a rural water tap connection is also an option. Three-phase electric service is available to accommodate increased power demands. This turnkey property is ready for immediate occupancy and requires only minor cosmetic updates. The combination of generous space, convenient features, and readily available utilities makes this an attractive investment for entrepreneurs seeking a well-equipped commercial space.

Property profile

Verified
Property type Investment properties
Year built 2008
Total area 5,550 SF
Lot 3.82 ac (166,399 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1220 Ok-30 Hwy Erick, OK 73645
Erick metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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