Property Details for 15330 Co Rd

Lot size

80.59 lot acres

Property size

3,510,500 SF

Property type

Specialty properties

Property subtype

Mixed-use properties

Description

This exceptional 80.59-acre agricultural property in Ada, Oklahoma, presents a lucrative investment opportunity, listed at $1,680,000. The property features a 2,500 sq ft barndominium, two RVs, and extensive greenhouse infrastructure. Six fully automated, 3,930 sq ft light deprivation greenhouses are currently operational, with an additional three 80' x 131' units under construction, adding 30,000 sq ft of growing space. The property also includes 15 acres of fenced outdoor growing space, supported by two wells providing a combined 150 gallons per minute. One well serves the greenhouses via a drip irrigation system, while the other supports the outdoor area. The land is zoned for agricultural use ("ag") and offers significant potential for various agricultural ventures. Prior uses included a meat goat farm (10% cap rate) and berry cultivation. The property was also previously permitted for medical marijuana cultivation. Owner financing is available with 40% down, 7.5% interest, a 3-year note, and a 25-year amortization schedule. An additional 150 acres are available for purchase, increasing the total acreage and price. This turnkey operation is ideal for large-scale agricultural production and offers significant potential for high returns. The property's advanced infrastructure, including the automated greenhouses and robust water supply, ensures efficient and productive operations. Negotiations are welcome, with flexibility on certain features.

Location Insight

City

Ada

County

Pontotoc

State

Oklahoma

Longitude

-96.8101

Latitude

34.7626