1319 Sandy Creek DrAda, OK 74820
- Warehouses
- 3,000 SF
Property Details for 1319 Sandy Creek Dr
- Year built
- 1976
- Lot size
- 0.35 AC
- Property size (Sq ft)
- 3,000 SF
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- 0540-32-004-006-0-024-00
- APU
- 54032004006002400
Description
This exceptional mixed-use property in Ada, Oklahoma presents a lucrative investment opportunity. The 7,525 square foot facility is comprised of two buildings, offering significant versatility. Building 1, approximately 4,700 square feet, is a heavily insulated indoor grow space featuring a robust 800-amp, 480v, three-phase electrical service, 60 tons of air conditioning, and 170 lights. This building includes a two-tier grow system in one room, with the potential for a second two-tier system in another. Additional amenities include a dedicated vegetation room, drying room, office space, storage area, and a full bathroom. Building 2 encompasses approximately 2,800 square feet, divided into seven independent 20x20 foot rooms. Each room is fully insulated, individually metered with a 200-amp service, and equipped with 6 tons of air conditioning, designed for 112 lights. Four of these rooms are currently leased at $300 per month, providing immediate rental income. The tenants have the option to remain, or the spaces can be utilized by the new owner. The property sits on a 0.77-acre lot, with an adjacent lot available for separate negotiation. The property utilizes City of Ada water and has a recently updated Certificate of Occupancy. Note that an OBN license is not required, and the OMMA license is currently in the renewal process. This property offers a unique blend of established income and significant expansion potential.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $517,504
- Hospitality
- $474,031
- Educational
- $394,388
- Medical
- $407,952
- Retail
- $613,493
Location Insight
- City
- Ada
- County
- Pontotoc
- State
- Oklahoma
- Latitude
- 34.778
- Longitude
- -96.6984
- CBSA code
- 10220
- CBSA name
- ADA, OK MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
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