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    OFF-MARKET
    Turn key restaurants

    1981 Cimmaron Rd, Wilson, OK 73463-7258

    2,760 SF 1.78 ac lot Built 1985
    Individually Owned 3-yr Hold Free & Clear
    Property ID
    US69-1815035
    Property summary
    AI-generated overview

    This exceptional 2,760 square foot commercial property, situated on approximately 1.26 acres of land, presents a remarkable opportunity for entrepreneurs and investors alike. Ideally located off US-70 West just outside Wilson, Oklahoma, this C1 zoned building boasts high visibility and easy accessibility, ensuring maximum exposure for your business. Previously utilized as a restaurant, the property has undergone extensive recent renovations. These upgrades include a complete remodel of the bathrooms, featuring new fixtures, toilets, and plumbing. The concrete has been updated, and the interior boasts fresh paint and drywall. Electrical systems have been modernized, and a new aerobic system, hot water tank, roof, and gutters have been installed. Three HVAC units have also been recently serviced. The building further benefits from a large covered patio extending across two sides. The property's versatility allows for a wide range of commercial uses, from private office spaces and retail centers to other commercial ventures, subject to zoning and legal approvals. City water utilities are readily available. This property is being offered for sale, and the seller is open to negotiations and owner financing. There is also the possibility of a lease-to-own agreement. Furthermore, this property is available in conjunction with a separately listed RV park located next door, presenting a unique opportunity for additional income streams. This prime location offers an unparalleled chance to establish or expand your business in a high-traffic area.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1985
    Total area 2,760 SF
    Lot 1.78 ac (77,537 SF)
    APN 0000-31-04S-02W-1-001-00
    UPID US69-1815035
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Terri Smith · 3 yrs held
    Terri Smith
    since 2023
    Last sale
    $130,000
    4 recorded transactions
    2023
    $130,000
    2022
    $130,000
    2018
    2010
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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