Perfect 9.610-acre commercial and light industrial property combines income-producing potential with ample room for growth. Featuring three 40x60 light industrial buildings (2,400 sqft each) currently leased at $1,200 to $1,500/month, the property generates a total gross income of $46,800 annually???with potential for higher rents in the future. Each building is separately metered for electricity and shares a water connection, making management straightforward. Interiors boast wood rafter ceilings with spray foam insulation and metal roofs for durability and efficiency. Office spaces range from 10x15 to 10x20, catering to a variety of tenant needs. In addition to the leased buildings, the property includes 5.72 acres of open space, perfect for expansion or additional development. Conveniently located on Highway 9 with traffic counts between 4,800 to 8,500 AADT (per ODOT), this property offers excellent visibility and accessibility. Whether you're seeking a business location or a robust investment opportunity, this property checks all the boxes. Don't miss out! Tourism and Recreation: Lake Eufaula remains a major driver of the local economy, attracting visitors for fishing, boating, and outdoor recreation. Lake Eufaula, Oklahoma???s largest lake with over 800 miles of shoreline, attracts a significant number of tourists annually. ts popularity is highlighted by frequent fishing tournaments, water sports events, and family-friendly activities hosted throughout the year. The lake is considered one of Oklahoma's prime tourist destinations, contributing substantially to 0.74 to 1.25% growth in population (y-o-y) leading to substantial growth in local tourism and economic development!
| Date | Price |
|---|---|
| -- | New Value: $1,415,000 |
| 12/9/2024 1:41:00 PM | New Value: $1,415,000 |
