19843 Pistol Point RdHulbert, OK 74441

  • Commercial land
  • 1.54 AC
For Sale
$999,900 View listing

Property Details for 19843 Pistol Point Rd

Lot size
1.54 AC
Property type
Commercial land
APN
0000-06-16N-20E-0-030-00
APU
00000616N20E003000

Description

This exceptional mixed-use property in Hulbert, Oklahoma presents a rare investment opportunity. The main building, a stunning 3,520 square foot event venue, is nestled on 1.54 acres of serene woodland overlooking picturesque Lake Fort Gibson. Currently operating as a highly successful wedding destination with bookings extending into 2025, this fully equipped facility is ready for immediate income generation. Features include a covered drop-off/pick-up area, ample parking, multiple guest bathrooms, a bridal suite, a groom's suite, and a warming kitchen. The open venue space boasts a modern staircase leading to a loft area, providing versatile event options. Additional storage is available in an on-site silo, perfect for event supplies and dГ©cor. This sale includes an additional property (MLS 2429181), currently operating as an Airbnb, offering guest accommodations and a supplementary revenue stream. The tranquil setting, combined with the existing infrastructure and strong booking history, makes this an ideal investment for an entrepreneur seeking a turnkey operation with significant growth potential. The property's location near Lake Fort Gibson offers a picturesque backdrop for events, attracting clients seeking a unique and memorable experience. This is a truly unique opportunity to acquire a thriving business with substantial existing revenue and the potential for expansion into new services and markets.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $6,693,323
    Hospitality
    $6,131,048
    Educational
    $5,100,960
    Medical
    $5,276,390
    Retail
    $7,934,826

Location Insight

City
Hulbert
County
Cherokee
State
Oklahoma
Latitude
35.8877
Longitude
-95.2317
CBSA code
45140
CBSA name
TAHLEQUAH, OK MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$26
$339
-
$339
-
$3,080
-
$3,080

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