Bought with Melissa L. Murray
$379,500
$415,000
8.6%For more information regarding the value of a property, please contact us for a free consultation.
5160 N Indian Meridian RD Coyle, OK 73027
18,900 SqFt
Key Details
Sold Price $379,500
Property Type Commercial
Sub Type Warehouse
Listing Status Sold
Purchase Type For Sale
Square Footage 18,900 sqft
Price per Sqft $20
MLS Listing ID OKC1152791
Sold Date 03/25/25
Construction Status Aluminum,Frame,Other,Steel
Year Built 2022
Annual Tax Amount $9,552
Lot Size 2.620 Acres
Property Sub-Type Warehouse
Property Description
Listed below market to move! Last sold in 2023 for $650,000. So many different possibilities here. This property is located close to Langston University and Langston Lake ( well known fishing lake) right outside of Guthrie. Close to HWY access and to several large towns. It could be a great boat/storage rental facility, converted into student housing, a grow (Seller is OMMA compliant), or renting each building to individually different business. This site offers approximately 1900 sq ft of living quarters/office space. In the main building it has 24/7 monitored security, a full kitchen, large living/seating space and two large rooms with a full bath, two exterior doors one on the east side and one on the west side. Next door attached with its own entrance is another large room with a full bath. Next to that is an attached restroom with its own exterior door. There is an electric gate in front with a key pad, and the 2.27 acre property is fully fenced. There are 10 large shop buildings at 16 ft X 30 ft, 15 ft tall and will accommodate an over head door modification if needed, fully spray foamed with 4.5 ", .5 conduit 500 amp power to each building, approximately at 1700 sq ft each ready to rent with your modifications depending on lessee. Across from the shops is parking for each building, potentially could be individually gated off for each buildings parking/storage. Main building offers a car port or additional parking in back with some modifications, and room to add more carports for additional parking or buildings. Each building offers its own electric meter, water supply access and individual address. Property offers phase 3 electric, septic tank one at 2,500 gal, then property is on a well and private trash off of a paved rd. ""There are not a lot of parking storage facilities in the area. Other sites range from $50 to $125 a month for a spot to park. Warehouse spaces rent for an average form $9.00 to $12.00 a sq ft in the area. Lots of potential here.""
Location
State OK
County Logan
Zoning Agriculture
Interior
Fireplace N
Exterior
Parking Features Backyard, Gravel, Other
Garage Description Backyard, Gravel, Other
Building
Sewer Septic Tank
Water Well, At Site With Pump
Structure Type Aluminum,Frame,Other,Steel
Construction Status Aluminum,Frame,Other,Steel
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