60990 245 Rd Grove, OK 74344
This exceptional industrial property in Grove, Oklahoma presents a unique opportunity for business owners. The 1,872 square foot building, situated on a generous 2.97-acre lot, has served as a thriving small engine repair shop for over three decades. Its proven track record ensures a solid foundation for continued success, offering immediate potential for revenue generation. The building itself measures 30 feet by 40 feet, providing ample space for various industrial or commercial uses. The expansive lot offers significant room for expansion, additional buildings, or outdoor storage, catering to a wide range of business needs. The property's location in Grove, OK provides easy access to transportation routes and a supportive community. This turnkey operation is ideal for entrepreneurs seeking an established business with significant growth potential or for those looking to relocate their existing operations. The property is priced competitively at $198,500, representing an excellent value for its size, location, and established history. This is a rare opportunity to acquire a well-established business with significant upside in a desirable location. Don't miss out on this chance to own a piece of Grove's thriving business community.
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.