809 Sheb Wooley Ave Erick, OK 73645
Exceptional investment opportunity in Erick, Oklahoma, a prime location just seven miles from the Texas border and adjacent to a Love's Travel Stop. This 3,795 square foot retail property, situated on a generous 4.96-acre lot, presents endless possibilities. The main building, constructed in 1962, features one full bath and two half baths. A significant addition, built in 2014, comprises the southern portion of the structure. Formerly known as the Okie Trading Post, the property has been thoroughly cleaned and is ready for immediate occupancy. The ample acreage and square footage allow for diverse uses, including a restaurant, retail store, or even the addition of an RV park. The property's Commercial zoning ensures flexibility for a wide range of business ventures. The APN is 0000-29-009-025-0-022-00. This property offers a unique blend of established infrastructure and significant development potential, making it an attractive investment in a high-traffic area. The asking price is $350,000.
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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