For Sale
$1,680,000

15330 Co RdAda, OK 74820

80.59 Acres, High-Yield Potential, Turnkey Farm

Overview

Added:
Dec 11, 2024
Days on market:
118
This exceptional 80.59-acre agricultural property in Ada, Oklahoma, presents a lucrative investment opportunity, listed at $1,680,000. The property features a 2,500 sq ft barndominium, two RVs, and extensive greenhouse infrastructure. Six fully automated, 3,930 sq ft light deprivation greenhouses are currently operational, with an additional three 80' x 131' units under construction, adding 30,000 sq ft of growing space. The property also includes 15 acres of fenced outdoor growing space, supported by two wells providing a combined 150 gallons per minute. One well serves the greenhouses via a drip irrigation system, while the other supports the outdoor area. The land is zoned for agricultural use ("ag") and offers significant potential for various agricultural ventures. Prior uses included a meat goat farm (10% cap rate) and berry cultivation. The property was also previously permitted for medical marijuana cultivation. Owner financing is available with 40% down, 7.5% interest, a 3-year note, and a 25-year amortization schedule. An additional 150 acres are available for purchase, increasing the total acreage and price. This turnkey operation is ideal for large-scale agricultural production and offers significant potential for high returns. The property's advanced infrastructure, including the automated greenhouses and robust water supply, ensures efficient and productive operations. Negotiations are welcome, with flexibility on certain features.

Highlights

  • $1,680,000 asking price for 80.59 acres of agricultural land in Ada, Oklahoma.
  • Property includes a 2,500 sq ft barndominium, two RVs, and existing greenhouses totaling 23,580 sq ft, with an additional 30,000 sq ft of greenhouses under construction.
  • Features 15 acres of fenced outdoor growing space, two wells providing 150 gallons per minute (GPM) total water capacity, and a fully automated, Bluetooth-enabled irrigation system.
  • Zoned "ag," with potential for redevelopment; prior uses include meat goat farming and berry cultivation (10% cap rate), and prior permitting for medical marijuana cultivation.
  • Owner financing available with 40% down, 7.5% interest, 3-year note on a 25-year amortization schedule. An additional 150 acres are available for purchase for a total of 230.59 acres at $2,770,000.

Property Details for 15330 Co Rd

Property type
Specialty properties, Mixed-use properties
Square Feet
3,510,500 SF
Buildings
1
Stories
2
Lot Size (sq. ft)
3,510,500 SF

Location Insight

City
Ada
County
Pontotoc
State
Oklahoma
Latitude
34.762576088964
Longitude
-96.810134901227
15330 Co Rd, Ada, Oklahoma

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15330 Co Rd
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