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Property profile & analytics
FOR SALE
Warehouses

401 W Russworm Dr Watonga, OK 73772

8,315 SF 0.72 ac lot Built 1956
Individually Owned Free & Clear
Property ID
US69-2063582
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1956
Total area 8,315 SF
Lot 0.72 ac (31,363 SF)
APN 0210-30-016-011-0-002-02
UPID US69-2063582
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
MCGRAW TERRY L
MCGRAW TERRY L
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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