Durant, OK 74701,9365 W Highway 70
$625,000
$725,000
13.8%
Est.Price: ?

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2,400 SqFt

9365 W Highway 70 Durant, OK 74701

Est. payment /mo
SOLD DATE : 12/10/2024

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Key Details

Sold Price $625,000

Property Type Commercial

Sub Type Industrial

Listing Status Sold

Purchase Type For Sale

Square Footage 2,400 sqft

Price per Sqft $260

MLS Listing ID 2416996

Sold Date 12/10/24

HOA Y/N No

Total Fin. Sqft 2400

Year Built 2002

Annual Tax Amount $3,298

Tax Year 2022

Lot Size 7.000 Acres

Acres 7.0

Property Sub-Type Industrial

Property Description

Discover this opportunity to own approx. 6.46 acres of prime commercial land with over 300' of frontage on Highway 70 W in the rapidly expanding Durant, OK. This property includes 2 commercial buildings, enhancing its utility and appeal.

The primary structure is currently used for a spray foam insulation business' operations, spanning 1,800 square feet. This building has a concrete pad, electrical utilities, roll-up doors, and a fully finished 12x20 office space for convenience and efficiency.

The secondary building is spacious with 1,600 square feet of open area, featuring 40x40x16 dimensions. Well-equipped with closed-cell spray foam, electrical utilities, and on a concrete pad. This secondary building is under a month-to-month lease generating $1,600 per month. This figure is considered below current market rate, with room to expand.

Additional assets include a 100x60 cement slab, allowing the addition of another structure as needed. Also highlighted is the property's Billboard Advertising Sign, placed in a prime location. This sign is part of a 30-year lease, generating consistent revenue and enhancing the property's visibility.

Situated near the Hwy 69/75 bypass and close to major businesses such as Cardinal Glass, Lowe's, Love's, and Walmart, this property is in a strategic location that promises high visibility and convenience.

With Texoma poised for significant economic expansion, highlighted by Texas Instruments commencing construction on a $30 billion semiconductor plant just 30 minutes away. Also planned is a master developed community from Pointe Vista Development at Lake Texoma, with plans for a new Hard Rock Hotel only 10 miles from the property. This property truly represents a strategic investment for the future as a storage facility, industrial business suites, retail and so much more.

Act now to seize on this commercial investment opportunity and position your business for growth and success in a thriving economic landscape.

Location

State OK

County Bryan

Interior

Interior Features High Ceilings, High Speed Internet, Vaulted Ceiling(s)

Heating Electric, Space Heater

Cooling Window Unit(s)

Flooring Concrete

Fireplace No

Heat Source Electric, Space Heater

Exterior

Exterior Feature Lighting, Storage

Fence Decorative

Utilities Available Electricity Available, Phone Available, Separate Meters, Water Available

Water Access Desc Rural

Roof Type Metal

Building

Building Description Steel, Pole Sign

Foundation Slab

Lot Size Range 7.0

Sewer Other

Water Rural

Structure Type Steel

Schools

School District Durant - Sch Dist (58)

Others

Tax ID 0000-27-06S-08E-3-005-01

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Listed by Active Real Estate
Bought with Brewer Realty Group

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agent

Eric Moore

Agent | License ID: 172506

+1(580) 564-5630

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