Property profile

300 Falcon Dr Oklahoma City, OK 73127

OFF-MARKET
Flex space
Property ID
US69-0437008
5,000 SF 0.5 ac lot Built 1985
Entity Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional turnkey cannabis cultivation facility in Oklahoma City, OK, presents a unique investment opportunity. Spanning 9,534 square feet on a single building, this industrial property is zoned for light industrial use and boasts a comprehensive setup for optimal cannabis production. The facility includes six dedicated grow spaces, a 3,534 square foot greenhouse, and ample room for expansion. Each grow room features its own dedicated HVAC, dehumidification, and CO2 systems, ensuring precise environmental control. High-tech equipment includes Current Culture deep water culture systems, LG mini-split AC units, Anden dehumidifiers, and NuCO2 CO2 injection systems. A robust security system is in place, incorporating a Toughdog infrared camera system, Brinks security system, and Ring doorbell/cameras. The property also includes a 1600 amp electrical service (1200 amp 3-phase, 400 amp single-phase). The facility's current setup allows for substantial yields, with potential for significant increases through expansion. The asking price is $1,745,000, translating to $183.03 per square foot. This property is ideally located in the heart of Oklahoma City, near shopping outlets, offering convenient access and strong market presence. The sale includes all equipment and real estate, along with a Chief Operating Officer. This is a rare opportunity to acquire a fully operational and profitable cannabis cultivation business.

Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1985
Construction STEEL FRAME
Total area 5,000 SF
Lot 0.5 ac (21,736 SF)
APN 12-187-1240
UPID US69-0437008

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Construction Company

Location

300 Falcon Dr Oklahoma City, OK 73127-7212
Oklahoma City metro Census 106912 OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2023
Last sale
$260,000
6 recorded transactions
2023
$260,000
2005
Price N/A
2004
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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