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Property profile & analytics
FOR SALE
Manufacturing properties

624 E Eseco Rd Cushing, OK 74023

30,668 SF 6.77 ac lot Built 1974
Individually Owned 7-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US69-0798265
Property summary
AI-generated overview

This exceptional 42,693 square foot industrial facility, situated on 6.77 acres in Cushing, Oklahoma, presents a unique redevelopment opportunity. Formerly the headquarters of ESECO Speedmaster, this property boasts a substantial 7,500 square foot office suite featuring executive offices, a conference room, ADA-compliant bathrooms, and a reception area. The warehouse space, totaling approximately 35,193 square feet, includes 14-22 foot ceilings and is equipped with 3-phase, 400Amp power, one dock-high door, and two grade-level doors. Built in 1974 with significant renovations in 2016, the building features durable red steel framing, thick concrete slabs, and BUR/PVC/TPO roofing. Zoned I-2 (Light Industrial), this property is ideally suited for various uses including oil and gas, manufacturing, or storage. Its strategic location, midway between Tulsa and Oklahoma City, offers easy access to major transportation routes and is adjacent to Cushing Municipal Airport. The property's robust infrastructure, coupled with Cushing's established position as a key player in the energy sector and the potential for significant future development, makes this a compelling investment prospect. The asking price is $850,000, and a 3-year lease term is available. The property consists of four buildings and five loading docks. The APN is 17N05E103CZ9990000510.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1974
Total area 30,668 SF
Lot 6.77 ac (294,901 SF)
APN 600003467
UPID US69-0798265
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
$570k
CAP Approach CAP
by Request
Comparable Approach Comparable
$896k
Blend (final) Blend
$890k
Owner & transaction history
Electronic Systems Engineering · 7 yrs held
Electronic Systems Engineering
since 2018
2 recorded transactions
2018
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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