611 Azalea Dr - Warehouse FOR SALE


Muskogee, OK 74401
$625,000 USD
918-525-7248
611 Azalea Dr, Muskogee, OK for Sale
$625,000 USD
Warehouse - FOR SALE
1/51
null | 15% Cap Rate

611 Azalea Dr
Muskogee, OK 74401


HIGHLIGHTS

  • Value-Add Industrial Facility
  • Close to Downtown Muskogee & Tulsa
  • Huge Structure & Acreage

OVERVIEW

Value-Add Mega Industrial Facility Close To Tulsa Large investor-friendly Industrial Complex for sale, in Muskogee near Tulsa. 611 Azalea Dr, Muskogee, OK 74401 Commercial | 25,000 SF | 5 Ac https://www.loopnet.com/Listing/6650-E-Post-Oak-Rd-Noble-OK/35475052/ Near Downtown Muskogee in a quiet industrial park, this mega-warehouse sits ready for renovations & its next business venture. Spanning 5 acres & incorporating incredible I-1 Light Industrial Zoning allowances, this complex is perfect for a trucking company, industrial warehouse investor, construction supply store, lumber yard, food-service firm, transportation or storage business, manufacturing or research/lab facility, or any similar industrial-related use. With closer to 25,000 SF per owner measurements, this facility could easily be converted into multi-bay investment units or opened up for a single-unit owner-user operation. This facility certainly is a project for a savvy investor & needs electrical repairs, HVAC replacements, likely small plumbing fixes, general clean-up, siding maintenance, exterior cosmetic work, & interior remodeling. The future After-Repair Value (ARV) would potentially double or even triple the investments made (or more). As Theodore Roosevelt said, "nothing in the world is worth having or worth doing unless it means effort, pain, difficulty." The efforts invested into this potential million-dollar+ facility may be well worth the time & capital expended. Please contact the Listing Agent for more information regarding the ARV & for comparable newer & renovated listings to review for a better understanding of the possible future value of this facility, once fully repaired & operational. Please also contact us to arrange a tour, obtain any documents, or to inquire after any questions or concerns you may have regarding this or our other listings & buyer or tenant services. #dakotaflemingluxury #dakotaflemingrealestate #realtor #commercial #marijuana #grow #weed #industrial #farm #cultivation #Tulsa #muskogee #industrialspecialist #commercialspecialist #DFLCommercial - Dakota Fleming | Luxury DFL | Commercial Group NAR | LHC | MILHM | C2EX Commercial | Residential | Land Property Management | M&A ??- (918) 525-7248 ?? - dfleming@century21wright.com Century 21 Wright Real Estate

FOR SALE DETAILS

PRICE

$625,000 USD

PRICE/SF

$25 USD /SF

CAP RATE

15%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

undefined, Truck Terminal, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

UTILITIES

Lighting, Gas - Natural, Water - City, Sewer - City, Heating

CLEAR CEILING HT

-

DOCKS

3

DRIVE INS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

5

LAND SF

217,800

ZONING

I-3

APN/PARCEL ID

28272

ASK ABOUT THIS PROPERTY

Dakota FlemingCentury 21 Wright Real EstateMore Info
918-525-7248

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Dakota FlemingCentury 21 Wright Real EstateMore Info
918-525-7248

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