Address
0000 Hwy 48, Okemah, OK
Price
$ 5,250,000
Property Attributes
  • MLS#2405768
  • TypeCommercial
  • CountyOKFUSKEE
  • CityOkemah
  • Zip74859
  • StyleWarehouse
  • Year Built1975
  • Taxes$ 546
  • Price$ 5,250,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1500
  • Lot Size31.16 Acres
Data Source:
MLS Technology
Property Description

Presenting an exceptional commercial development opportunity in the last prime undeveloped area of Okemah, Oklahoma, this offering comprises two prime commercial lots boasting frontage on both Highway 40 and Highway 48. With impressive traffic counts along these major thoroughfares, these lots present a lucrative prospect for savvy investors and entrepreneurs alike. The first lot, spanning 10 acres, stands as a blank canvas ready for development. Its expansive size and strategic location make it an ideal setting for a multitude of business ventures. Whether envisioning retail establishments, hospitality services, or office spaces, this vacant lot offers endless possibilities limited only by imagination. Adjacent to the vacant lot lies the second parcel, encompassing approximately 21 acres. This parcel features two robust steel warehouse structures, providing immediate utility for storage, manufacturing, or distribution purposes. The existing infrastructure offers a head start for businesses seeking operational efficiency and cost-effectiveness. Both parcels benefit from their prominent positioning along Highway 40 and Highway 48, ensuring maximum visibility and accessibility to passing motorists. The high traffic counts further enhance the appeal of these lots, guaranteeing a steady stream of potential customers and clients for businesses established here. This prime commercial development opportunity beckons to entrepreneurs and developers eager to capitalize on Okemah's thriving economic landscape. Whether aspiring to establish new ventures, expand existing enterprises, or invest in lucrative real estate, these lots provide the ideal foundation for success.

Price History
2/15/2024 Listed $5,250,000

General Features

Interior Features None
Sewer SepticTank
Heating None
Cooling None
Utilities ElectricityAvailable,WaterAvailable
Possession CloseOfEscrow
Roof Metal
Exterior Features None
Construction Materials Steel
Year Built 1975
Property SubType Warehouse
Tax Year 2023
County Okfuskee
New Construction No
Property Type CommercialSale
HOA / Comm Assn No
Attached Garage No
Possible Use Warehouse
Garage Y/N No
Status Active
Directions POB from OKC going East on HWY 40 to Exit 217 onto Highway 48. The Property is on the East (10 Acers M/L) and West side of the Road ( 21 acre M/L) North of I-40.
City Okemah
Buyer Agent Compensation 3%
View Y/N No
Senior Community Y/N No
High School District Beardon - Sch Dist (F1)
Zoning Description warehouse
Lot Size Square Feet 1357330.0
Waterfront Y/N No
Carport Y/N No
Street Name Hwy 48
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 546.0
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Days on Market 28
Standard Status Active
Middle/Junior School District Beardon - Sch Dist (F1)
Elementary School District Beardon - Sch Dist (F1)
Year Built Source PublicRecords
Property Sub Type Additional Warehouse
MobileHomeRemainsYN No

Interior Features

Basement (Y/N) No
Air Conditioning Y/N No
Heating Y/N No
Fireplace Y/N No
Electric On Property Y/N No
LivingAreaSource PublicRecords

Exterior Features

Fencing None
Water Source Rural
Lot Size Area 31.16
Foundation Details Slab
Spa No
Building Area Total 1500.0
Lot Size Acres 31.16
Frontage Length 150
Lot Size Units Acres
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 74859

Price
AVG $1.04M
$5.25M
Taxes
AVG $677
$546
Visits
AVG 47
31
Data Provided by Inside Real Estate®
Year Built
AVG 1938
1975

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