0 Us-281 Gracemont, OK 73042
This 0.65-acre industrial property, located at Highway 281, Gracemont, OK 73042 (APN: 0000-04-09N-10W-2-350-05), presents a unique investment opportunity. Built in 1970, the warehouse boasts commercial zoning, offering versatility for various uses. Previously utilized as a grow facility, the interior is structured with multiple framed rooms, and over 50 grow lights remain. While its history suggests a specific prior use, the adaptable layout and existing infrastructure make it suitable for a wide range of commercial applications. The property's location in Caddo County, Oklahoma, provides access to key transportation routes. The asking price is $125,000. This presents a compelling opportunity for investors seeking a property with significant repurposing potential in a strategically located area. The substantial existing infrastructure, including the lighting system, could significantly reduce initial setup costs for many businesses. Serious inquiries are encouraged to explore the full potential of this adaptable warehouse.
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
Similar Nearby for Sale
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.