21 Pinyon Rd - Self-Storage Facilities FOR SALE


Broken Bow, OK 74728
$2,450,000 USD
214-929-3388
21 Pinyon Rd, Broken Bow, OK for Sale
$2,450,000 USD
Self-Storage Facilities - FOR SALE
1/20
null | Request Cap Rate

21 Pinyon Rd
Broken Bow, OK 74728


OVERVIEW

*Owner operator *Opportunity zone More information: 1. Total acreage 5 acres 2. Self-Storage: 31,150 sq ft 3. Warehouse: 6,400 sq ft Introducing an unparalleled investment opportunity in Broken Bow, OK, also known as Hochatown, strategically positioned along N US HWY 259 across from the highly anticipated Choctaw Landing Casino (new $238 million casino), slated to open in Spring 2024. This 5 acre property is the most premier commercial location in the market. It encompasses a 196 unit storage facility, warehouse space, and undeveloped land, offering the perfect combination to capitalize on the lucrative potential of this thriving tourism market. Key Features: 1. Expansive Storage Facility: - Boasting a vast storage facility with 196 units and 31,150 sq ft of storage space, this property caters to a diverse range of storage needs, including for cabin owners décor and supplies, contractors, as well as property management companies and cleaning companies catering to the robust tourism market. - With limited competition in the area, this facility stands out as the premier storage destination in Hochatown, offering the most convenient location and accessibility. 2. Versatile Warehouse Space: - The property includes a 6,400 sq ft warehouse, strategically plumbed for potential conversion into an 8-room boutique hotel. This presents a unique opportunity to cater to contractors in town for long stays and cabin owners seeking short-term accommodations or overflow guests looking for proximity to the casino. - Alternatively, the warehouse can be utilized for dry boat storage, meeting the high demand from North Texans visiting the nearby marina, which currently operates on a 2-year waiting list. 3. Prime Undeveloped Land: - Adjacent to the Choctaw Landing Casino, this property offers undeveloped land spanning 2.345 acres, presenting an ideal location for establishing an RV park or tiny cabin village. This provides an attractive option for guests seeking affordable accommodation options near the casino. - Surrounded by new casino resort and entertainment venue as well as 2,500 + luxury cabins, this location offers unparalleled potential for significant returns on investment in the burgeoning tourism industry of Broken Bow, OK, also known as Hochatown. 4. Adjacent Casino Hotel and Entertainment Resort: - Directly neighboring the property is a $238 million casino hotel and entertainment resort currently under construction with anticipated opening in May 2024. Spanning 200,000 sq ft, this complex will feature 600 slot machines and 8 table games, along with a 100-room hotel and outdoor entertainment venue complete with an amphitheater, beer garden, and family arcade. 5. Broken Bow/Hochatown, OK Info - Hochatown/Broken Bow, OK has over 2,400 luxury cabins and has seen 145% increase in travel since 2019 https://www.nytimes.com/2023/11/10/travel/airbnb-rural-boom-bust.html 1. Listed as one of VRBO’s top drivable destinations and 2nd fastest growing travel destination, Weekends see as many as 50,000 visitors driving from North Texas for the lake and outdoor activities. https://www.onlyinyourstate.com/oklahoma/best-small-town-vaca-in-ok/ https://www.vrbo.com/media-center/press-releases/2021/vrbo-names-fastest-growing-memorial-day-destinations 1. Opening in Spring of 2024 is the new $238 million Choctaw Casino https://www.choctawcasinos.com/newsroom/choctaw-landing-opening-spring-2024/ https://choctawlanding.com/?gad_source=1&gclid=Cj0KCQiAoeGuBhCBARIsAGfKY7yFHdHrZ_hBjiSKOhFmcd8w1XIguaCFs8xrLX7LELkfTxw_9ocV1LYaAuPJEALw_wcB Referal agent has ownership in the property. To break up the sale of the storage unit and a piece of land on the backside that has a building on it. SFR Realty, LLC.: Jason Green License #: OK 201939

FOR SALE DETAILS

PRICE

$2,450,000 USD

PRICE/SF

$78 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.97 AC

LAND SF

216,493 SF

ZONING

-

APN/PARCEL ID

0000-01-05S-24E-3-011-00

ASK ABOUT THIS PROPERTY

Melissa CrollAttlee Realty LLCMore Info
214-929-3388

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Melissa CrollAttlee Realty LLCMore Info
214-929-3388

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