5160 Indian Meridian RdCoyle, OK 73027

Property Details for 5160 Indian Meridian Rd

Year built

2022

Lot size

2.62 AC

Property size (Sq ft)

18,900 SF

Property type

Investment properties

Description

This exceptional 2.62-acre commercial property in Coyle, Oklahoma, presents a unique investment opportunity. Located near Langston University and Langston Lake, this site boasts excellent highway access and proximity to several larger towns. The property features a main building with approximately 1900 square feet of living quarters/office space, including 24/7 monitored security, a full kitchen, a large living/seating area, two large rooms with a full bath, and two exterior doors. An attached building offers another large room with a full bath, and an additional attached restroom with its own exterior entrance. The property is fully fenced and secured with an electric gate and keypad entry. Ten large (16 ft x 30 ft, 15 ft tall) shop buildings, each approximately 1700 square feet, are also included. These buildings are fully spray-foamed with 4.5" insulation, have .5 conduit 500 amp power, and are ready for tenant improvements. Each shop building has its own electric meter, water supply access, and individual address. Ample parking is available across from the shops, with potential for individual gated parking/storage areas. The main building offers a carport and space for additional carports or buildings. The property includes a 2500-gallon septic tank, a well, and private trash service. Phase 3 electric is available. Previously sold for $650,000 in 2023, this property is listed below market value at $415,000, offering significant upside potential. The property's versatility allows for various uses, including boat/storage rentals, student housing, or individual business rentals. The high demand for storage and warehouse space in the area, with rental rates ranging from $50-$125 per month for parking and $9-$12 per square foot for warehouse space, makes this a compelling investment. The total building square footage is 18,900 square feet.

Location Insight

City

Coyle

County

Logan

State

Oklahoma

Latitude

35.9292

Longitude

-97.246

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].