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Property profile & analytics
OFF-MARKET
Warehouses

2230 Osage Ave Dewey, OK 74029

1.63 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.63-acre industrial property in Dewey, Oklahoma, presents a compelling investment opportunity. Located at 2230 N Osage Ave, 74029, this mixed-use property boasts significant highway frontage, ensuring high visibility for any business. The site includes three existing one-story warehouse buildings, offering immediate income potential and flexibility for various uses. Currently generating $1600 per month in rental income, the property provides a strong return on investment. The property features three-phase electric service. Beyond the existing structures, a substantial portion of the land remains undeveloped, presenting significant potential for expansion or new construction. This prime location is situated in a rapidly growing area of Dewey, close to the Dewey Industrial Park, and benefits from increased traffic volume exceeding 17,000 vehicles daily. Future major development projects in the area further enhance the long-term value and potential of this property. The asking price is below appraised value, making this a truly exceptional opportunity for investors and developers seeking to capitalize on the growth and development within this vibrant community. The property is classified as Class D.

Property profile
Verified
Property type Warehouses
Lot 1.63 ac (71,003 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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