401 W Russworm Dr Watonga, OK 73772
For Sale
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This exceptional commercial property located at 401 W Russworm in Watonga, Oklahoma, presents a compelling investment opportunity. The property consists of 44 individual storage units, offering significant income potential. Benefiting from a highly visible location with state highway frontage, this property enjoys excellent accessibility and exposure to a large volume of traffic. While the majority of the units are in good condition, some of the exterior perimeter units require improvements. It's important to note that the units currently lack electricity. The property is being offered at $130,000, representing a strong value proposition for an investor seeking a ready-made income stream with potential for future upgrades and increased profitability. The existing structure provides a solid foundation for a successful storage business, and the high-traffic location ensures consistent demand. This is an ideal opportunity for an entrepreneur or investor looking to capitalize on the growing need for self-storage solutions in the Watonga area. The property sits on a lot with zero acres. The total square footage of the building is not currently available. Serious inquiries are encouraged to explore this promising investment further.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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.