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Property profile & analytics
OFF-MARKET
Grocery and convenience stores

68315 320th Rd Wagoner, OK 74467-6343

2,177 SF 1 ac lot Built 1986
Individually Owned 1-yr Hold Free & Clear
Property ID
US69-0713510
Property summary
AI-generated overview

This exceptional 2,177 square foot commercial property, situated on one acre in Wagoner, Oklahoma's thriving Ft. Gibson Lake community, presents a unique investment opportunity. Ideally located next to Rocky Point Park, offering camping, swimming, and boat ramps, this established business boasts a prime corner location with high visibility. Previously operating as Pennington's Country Store, the property includes existing equipment for preparing pizza, hamburgers, and other food items, catering to both local residents and lake visitors. Recent improvements within the past four years include updated gas pumps with card readers, new air conditioning and refrigeration units, and fresh paint, ensuring the property is well-maintained and ready for immediate operation. Further enhancing its income potential, the property features gated boat/RV storage and two dedicated RV spots, providing additional revenue streams. The business's strong foundation within a vibrant lake community offers significant potential for growth and expansion. Consider adding supplemental income generators such as kayak, paddle boat, or golf cart rentals, or even constructing additional storage units to further capitalize on the high demand. This turnkey business is perfect for a family operation or an ambitious entrepreneur seeking a profitable venture in a desirable location. Schedule a viewing today to explore the possibilities of this remarkable opportunity.

Property profile
Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1986
Construction STEEL FRAME
Total area 2,177 SF
Lot 1 ac (43,560 SF)
APN 291191-000002-000000
UPID US69-0713510
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
Current use
Occupant on record · Public records
  • Pennington's Restaurant
  • LibertyX Bitcoin ATM Atm
  • Rocky Point Trading Post Grocery & Convenience Store Food Market
  • Pennington's General Store Gas Station
  • Simple Simon's Pizza Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Cynthia King · 1 yrs held
Cynthia King
since 2025
Last sale
$145,500
4 recorded transactions
2025
$85,000
2025
Price N/A
2020
$145,500
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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