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33180 OK-59 10,000 SF Industrial Building Wayne, OK 73095 $808,129 CAD ($80.81 CAD/SF) 17% Cap Rate



Investment Highlights
- Fully equipped industrial facility with advanced HVAC and power
- Includes 8,800 SF warehouse plus 1,300 SF residence
- Strong income profile with projected $408,000 lease revenue over 3 years
- 5-acre site with Hwy 59 frontage for superior access
- Cannabis license active and infrastructure ready for cultivation
Executive Summary
33180 State Highway 59 in Wayne, Oklahoma presents a rare opportunity to acquire a fully equipped industrial property tailored for high-demand operations. Spanning five acres with prominent highway frontage, this asset combines functionality and scalability for investors or owner-users seeking a strategic foothold in the growing cannabis and agri-business sectors. The centerpiece is an 8,800-square-foot warehouse constructed in 2021, featuring robust infrastructure including a 1000 KVA transformer, advanced HVAC systems totaling 75 tons, and environmental controls designed for precision cultivation or other industrial applications. Complementing the warehouse is a well-maintained 1,300-square-foot residence, offering on-site living or administrative space.
The property includes additional structures such as an 800-square-foot shop and storage facilities, enhancing operational flexibility. Interior improvements feature rolling benches, 224 light-capable electrical setups, and 12 Quest 225 dehumidifiers, ensuring turnkey readiness for cannabis cultivation or similar ventures. Located just one hour south of Oklahoma City, the site benefits from excellent distribution access via Hwy 59 while maintaining a rural setting conducive to large-scale operations. With an asking price of $790,000 and a strong income profile—yielding a first-year cap rate of approximately 21.3%—this offering represents exceptional value for investors seeking immediate cash flow and long-term growth potential.
The property includes additional structures such as an 800-square-foot shop and storage facilities, enhancing operational flexibility. Interior improvements feature rolling benches, 224 light-capable electrical setups, and 12 Quest 225 dehumidifiers, ensuring turnkey readiness for cannabis cultivation or similar ventures. Located just one hour south of Oklahoma City, the site benefits from excellent distribution access via Hwy 59 while maintaining a rural setting conducive to large-scale operations. With an asking price of $790,000 and a strong income profile—yielding a first-year cap rate of approximately 21.3%—this offering represents exceptional value for investors seeking immediate cash flow and long-term growth potential.
Financial Summary (Actual - 2024) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $808,129 CAD | Lot Size | 5.02 AC |
| Price Per SF | $80.81 CAD | Rentable Building Area | 10,000 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Cap Rate | 17% | Year Built | 2021 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Manufacturing | Parking Ratio | 2/1,000 SF |
| Building Class | C | ||
| Zoning | Commercial - Commercial | ||
| Price | $808,129 CAD |
| Price Per SF | $80.81 CAD |
| Sale Type | Investment or Owner User |
| Cap Rate | 17% |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 5.02 AC |
| Rentable Building Area | 10,000 SF |
| No. Stories | 1 |
| Year Built | 2021 |
| Tenancy | Single |
| Parking Ratio | 2/1,000 SF |
| Zoning | Commercial - Commercial |
Utilities
- Lighting
- Water
- Sewer - Septic Field
- Heating
1 1
Exceptionally drivable
100/100
Property Taxes
| Parcel Number | 00001305N01W002400 | Total Assessment | $163,117 CAD (2025) |
| Land Assessment | $7,383 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $155,735 CAD (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
00001305N01W002400
Land Assessment
$7,383 CAD (2025)
Improvements Assessment
$155,735 CAD (2025)
Total Assessment
$163,117 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
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Presented by
Miro Shilev
33180 OK-59
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