Property summary
This exceptional 8.78-acre commercial property in Stillwater, Oklahoma, presents a remarkable investment opportunity. Strategically located along Highway 177, the property boasts easy accessibility and is secured by a six-foot fence. The complex includes five buildings offering diverse business potential. A main 2850 sq ft office building (57x50) features heating/cooling, two restrooms, a reception area, three private offices, and a workshop. A 2400 sq ft (60x40) shop includes an 18x14 overhead door, a 10x10 rear overhead door, a bathroom, and electricity. A 576 sq ft (24x24) insulated storage building with electricity and attached 480 sq ft (20x24) RV covered parking with 220V power is also present. Additional covered parking (22x38) is available. Two large commercial greenhouses (3200 sq ft and 3100 sq ft) feature water coolers, perforated felt flooring, and retractable blackout coverings. The property benefits from three-phase and 220V electrical service, city water, natural gas, and a two-year-old aerobic septic system. Two billboards generate $400 monthly revenue, and additional income of $1000 monthly is derived from semi-trailer parking (month-to-month lease). The property has a potential rental income of $3500 per month, with a preference for yearly leases. The asking price is $675,000. Located at 100 Cindy Lane, Stillwater, OK 74075.
Property profile
VerifiedCap rate & NOI
Current use
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Oilfield
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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