19680 Luther Rd Luther, OK 73054
This exceptional 7,200 square foot event center, situated on a sprawling 25-acre lot (more or less), presents a unique investment opportunity. Built in 2016 and renovated in 2023, the property boasts a gabled roof design and is ideally positioned near US Highway 66, offering convenient access to the Turner Turnpike and Kickapoo Turnpike. The property includes a remodeled office outbuilding, enhancing its functionality. The land value alone is attractive, at $1.40 per square foot. Located in the town of Luther, Oklahoma (Oklahoma County, zip code 73054), this property is zoned AG1 and benefits from easy access to major transportation routes. The property's location offers convenient access to the southbound Kickapoo Turnpike cloverleaf. Further details on zoning and development can be found on the Town of Luther's website. The Oklahoma County Assessor's parcel number is R168642950, and the FEMA map identifier is 40083c0575f (100-year flood area). This property is perfect for an investor seeking a well-established and easily accessible event venue with significant expansion potential. The asking price is $1,625,000.
-
The Barn at Broken Horn Ranch Hotel & Motel Resort
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.