12301 US Highway 77 - Residential Income FOR SALE


Lexington, OK 73051
$985,000 USD
405-545-0582
12301 US Highway 77, Lexington, OK for Sale
$985,000 USD
Residential Income - FOR SALE
1/21
null | Request Cap Rate

12301 US Highway 77
Lexington, OK 73051


OVERVIEW

Turn-Key Auto Body/Paint Shop with Residence on 10.91 Acres! Rare opportunity to own a fully equipped auto body/paint facility with a custom-built residence on 10.91 acres! This impressive 40' x 100' red iron shop offers the perfect setup for an established automotive business, entrepreneur, hobbyist, or anyone needing a substantial commercial-quality workspace—with a comfortable 3-bedroom residence as an added bonus. The fully insulated shop features heating and cooling, three overhead doors, professional paint booth, down-flow ventilation system, built-in vacuum, vehicle lift, and a dedicated office/guest area with Murphy bed, utility room, full bathroom, and LVP flooring. Floor-to-ceiling windows overlook the swimming pool and large outdoor entertaining area. The shop is equipped with solar panels that, according to the seller, have reduced the electric bill from approximately $600–$700 per month to $100–$200 per month. The custom-built berm residence offers approximately 2,000 sq ft with 3 bedrooms, 2 baths, and an attached 2-car garage. The spacious living room features a fireplace with pellet stove, while the large kitchen includes an eating bar and built-in buffet. The oversized utility room has a built-in desk and folding area, and the washer and dryer remain. Outside, enjoy the swimming pool, large patio, and tanning area. Additional property improvements include a large hay barn, three feed/storage bins, runners, separate septic system, water, and separate electrical hookup suitable for a modular home, RV, or camper. Whether you're looking to operate your own automotive business, expand an existing operation, or simply need an exceptional workspace with a residence on-site, this property offers a rare combination of business functionality, acreage, and comfortable living.

FOR SALE DETAILS

PRICE

$985,000 USD

PRICE/SF

$246 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2011

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

10.93 AC

LAND SF

476,111 SF

ZONING

-

APN/PARCEL ID

R0160902

ASK ABOUT THIS PROPERTY

Kelley BacaBaca Realty GroupMore Info
405-545-0582

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Kelley BacaBaca Realty GroupMore Info
405-545-0582

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.