Discover this opportunity to own approx. 6.46 acres of prime commercial land with over 300’ of frontage on Highway 70 W in the rapidly expanding Durant, OK. This property includes 2 commercial buildings, enhancing its utility and appeal. The primary structure is currently used for a spray foam insulation business’ operations, spanning 1,800 square feet. This building has a concrete pad, electrical utilities, roll-up doors, and a fully finished 12x20 office space for convenience and efficiency. The secondary building is spacious with 1,600 square feet of open area, featuring 40x40x16 dimensions. Well-equipped with closed-cell spray foam, electrical utilities, and on a concrete pad. This secondary building is under a month-to-month lease generating $1,600 per month. This figure is considered below current market rate, with room to expand. Additional assets include a 100x60 cement slab, allowing the addition of another structure as needed. Also highlighted is the property’s Billboard Advertising Sign, placed in a prime location. This sign is part of a 30-year lease, generating consistent revenue and enhancing the property’s visibility. Situated near the Hwy 69/75 bypass and close to major businesses such as Cardinal Glass, Lowe's, Love's, and Walmart, this property is in a strategic location that promises high visibility and convenience. With Texoma poised for significant economic expansion, highlighted by Texas Instruments commencing construction on a $30 billion semiconductor plant just 30 minutes away. Also planned is a master developed community from Pointe Vista Development at Lake Texoma, with plans for a new Hard Rock Hotel only 10 miles from the property. This property truly represents a strategic investment for the future as a storage facility, industrial business suites, retail and so much more. Act now to seize on this commercial investment opportunity and position your business for growth and success in a thriving economic landscape.
MLS# | 2416996 |
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Listing Type | For Sale |
Style | Industrial |
Sub-Type | Resale |
Status | Active |
Year | 2002 |
Days On Site | 117 |
Listing Provided By | Active Real Estate | Brad Aycock |
SQ Feet | 2,400 |
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Zoning | Rural - C |
Acreage | 7.00 |
State | OK |
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County | Bryan |
City | Durant |
Zip Code | 74701 |
Listing VS Median (in 74701) | |
Price: $775,000 low | high Med: $299,900 SqFt: 2,400 low | high Med: 2,170 $ / SqFt: $323 low | high Med: $138 On Site: 117 low | high Med: 52.000000 |