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611 Azalea Dr 25,000 SF 16% Leased Industrial Building Muskogee, OK 74401 $823,168 CAD ($32.93 CAD/SF) 15.00% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Value-Add Industrial Facility
  • Huge Structure & Acreage
  • Close to Downtown Muskogee & Tulsa

EXECUTIVE SUMMARY

Value-Add Mega Industrial Facility Close To Tulsa
Large investor-friendly Industrial Complex for sale, in Muskogee near Tulsa.
611 Azalea Dr, Muskogee, OK 74401
Commercial | 25,000 SF | 5 Ac
https://www.loopnet.com/Listing/35507472
Near Downtown Muskogee in a quiet industrial park, this mega-warehouse sits ready for renovations & its next business venture. Spanning 5 acres & incorporating incredible I-1 Light Industrial Zoning allowances, this complex is perfect for a trucking company, industrial warehouse investor, construction supply store, lumber yard, food-service firm, transportation or storage business, manufacturing or research/lab facility, or any similar industrial-related use. With closer to 25,000 SF per owner measurements, this facility could easily be converted into multi-bay investment units or opened up for a single-unit owner-user operation.
This facility certainly is a project for a savvy investor & needs electrical repairs, HVAC replacements, likely small plumbing fixes, general clean-up, siding maintenance, exterior cosmetic work, & interior remodeling. The future After-Repair Value (ARV) would potentially double or even triple the investments made (or more). As Theodore Roosevelt said, "nothing in the world is worth having or worth doing unless it means effort, pain, difficulty." The efforts invested into this potential million-dollar+ facility may be well worth the time & capital expended.
Please contact the Listing Agent for more information regarding the ARV & for comparable newer & renovated listings to review for a better understanding of the possible future value of this facility, once fully repaired & operational. Please also contact us to arrange a tour, obtain any documents, or to inquire after any questions or concerns you may have regarding this or our other listings & buyer or tenant services.
#dakotaflemingluxury
#dakotaflemingrealestate
#realtor #commercial
#marijuana #grow #weed
#industrial #farm #cultivation
#Tulsa #muskogee
#industrialspecialist
#commercialspecialist
#DFLCommercial
- Dakota Fleming | Luxury
DFL | Commercial Group
NAR | LHC | MILHM | C2EX
Commercial | Residential | Land
Property Management | M&A
??- (918) 525-7248
?? - dfleming@century21wright.com
Century 21 Wright Real Estate

PROPERTY FACTS

Price $823,168 CAD
Price Per SF $32.93 CAD
Sale Type Investment or Owner User
Cap Rate 15.00%
Sale Conditions
Distress Sale
  • Deferred Maintenance
  • Building in Shell Condition
Property Type Industrial
Property Subtype
Warehouse
  • Flex Light Manufacturing
  • Industrial Truck Terminal
  • FlexLight Distribution
Building Class C
Lot Size 5.00 AC
Rentable Building Area 25,000 SF
No. Stories 1
Year Built 1980
Parking Ratio 2.4/1,000 SF
No. Dock-High Doors/Loading 3
Zoning I-3 - I-3 Light Industrial: Allows for all Light Industrial uses, such as manufacturing, distribution, construction wholesale, building materials yard, etc.

AMENITIES

  • 24 Hour Access
  • Atrium
  • Bio-Tech/ Lab Space
  • Bus Ducts
  • Conferencing Facility
  • Courtyard
  • Fenced Lot
  • Front Loading
  • Skylights
  • Shallow Bay
  • Storage Space
  • Fiber Optic Internet

UTILITIES

  • Lighting
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
28272
Land Assessment
$1,460 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,460 CAD
  • Listing ID: 35507472

  • Date on Market: 2025-04-16

  • Last Updated:

  • Address: 611 Azalea Dr, Muskogee, OK 74401

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