7844 494 Rd Colcord, OK 74338
This exceptional 9-acre property in Colcord, Oklahoma, presents a unique investment opportunity. Located at 7844 E 494 Rd, 74338, this partially gated, wooded parcel boasts a pond and offers convenient access to both Lake Eucha and Grand Lake (approximately 30 minutes away). The property is situated near the Arkansas/Missouri border in Delaware County. The 4,560 square foot Class A warehouse, built and renovated in 2020, features a two-story building with multiple finished rooms suitable for office space or other uses. The building is equipped with 400 amps of power and a 50kw generator, providing ample capacity for various business needs. The permitted zoning is unincorporated, allowing for a wide range of potential uses, including the possibility of a barndominium conversion. The asking price is $350,000, translating to $76.75 per square foot. This owner/user opportunity combines the benefits of a substantial lot size with a modern, well-equipped warehouse, making it ideal for a variety of businesses seeking a versatile and strategically located property. The property's proximity to recreational areas adds to its overall appeal.
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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