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    Us-281 Gracemont, OK 73042

    • Warehouses
    • 0.65 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 0 Us-281

    Year built
    1970
    Lot size
    0.65 lot acres
    Property type
    Warehouses
    Property subtype
    Industrial properties

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Gracemont
    County
    Caddo
    State
    Oklahoma
    Longitude
    -98.2624
    Latitude
    35.2843

    Comparable in this City

    • Value Estimation by Request
      2,000 SF

      Gracemont, OK 73042

      WAREHOUSE, STORAGE • 2,000 SF
      Gracemont, OK 73042
      View Details
    • Value Estimation by Request
      3,075 SF

      Gracemont, OK 73042

      WAREHOUSE, STORAGE • 3,075 SF
      Gracemont, OK 73042
      View Details
    • Value Estimation by Request
      2,000 SF

      Gracemont, OK 73042

      WAREHOUSE, STORAGE • 2,000 SF
      Gracemont, OK 73042
      View Details
    • Value Estimation by Request
      2,000 SF

      Gracemont, OK 73042

      WAREHOUSE, STORAGE • 2,000 SF
      Gracemont, OK 73042
      View Details
    • Value Estimation by Request
      368 SF

      Gracemont, OK 73042

      WAREHOUSE, STORAGE • 368 SF
      Gracemont, OK 73042
      View Details
    • Value Estimation by Request
      2,000 SF

      Gracemont, OK 73042

      WAREHOUSE, STORAGE • 2,000 SF
      Gracemont, OK 73042
      View Details
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    Us-281
    Gracemont, OK 73042
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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