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E 890th Rd

1 Unit Mobile Home Park £78,245 (£78,245/Unit) Chandler, OK 74834

Investment Highlights

  • Total 15,000 SF, with each building offering 5,000 SF of space.
  • 12' ceilings throughout the buildings.
  • 1,440 SF, 3-bedroom, 2-bathroom manufactured home, contributing separately to property value.
  • 10% office space in each building.
  • One 12’x10’ grade-level door per building (additional doors to be added after renovations).
  • 28.92 acres (1,259,755 SF) with fencing and concrete paving.

Executive Summary

The property is an existing three-building office-warehouse complex comprising 15,000 SF. Each building comprises 5,000 SF and features 10% office buildout, 12’ clear heights, and one 12’x10’ grade level door. Some of these features are already in place, while others, such as the grade-level doors, will be added after the renovations described later in this paragraph. Additionally, the property features a three-bedroom, two-bathroom manufactured home comprising 1,440 SF. This is an ancillary structure whose
contributory value is estimated separately from the primary office-warehouse improvements. Site improvements include fencing and concrete paving. The total site comprises 28.92 acres or 1,259,755 SF. The property was previously used as a fully functional marijuana cultivation facility, featuring 100% dropped ceilings, partitioned grow rooms, and pedestrian doors (no grade-level roll doors). It has since been seized by the Oklahoma Bureau of Narcotics. The valuation analysis herein considers the cost of removing the specialized grow infrastructure and converting the property into a multi-building office-warehouse complex by eliminating the dropped ceilings, removing the partitioned walls, and adding grade-level doors
Parcel is listed as an Office-Warehouse (Industrial)
Land area is 28.92 Acres
Winning bidder will need to pay the $4,001.90 in currently owed taxes
Lot is zoned in unincorporated Lincoln County
The winning bidder will be offered a quit claim deed for the property

Property Facts

Price £78,245
Price Per Unit £78,245
Sale Type Investment
No. Units 1
Property Type Residential
Property Subtype Manufactured Housing/Mobile Home
Lot Size 28.92 AC
Building Size 15,000 SF
Average Occupancy 0%
Number of Floors 1
Year Built 1993

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0000-02-14N-03E-2-005-00
Land Assessment
£86
Improvements Assessment
£1,444
Total Assessment
£1,530
  • Listing ID: 34084506

  • Date on Market: 04/12/2024

  • Last Updated:

  • Address: E 890th Rd, Chandler, OK 74834

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