21 Pinyon Rd, Broken Bow, OK 74728
31,250 SF Specialty Building Offered at $3,500,000 in Broken Bow, OK 74728
For Sale
Active
- Date Added:
- September 16, 2024
- Days on Market:
- 27 days
Asking Price $3,500,000
- Property Type
-
Specialty
- Square Feet
- 31,250 SF
- Price / Square Foot
- $112
Listing Contacts
Melissa Croll
Property Overview
*Owner operator
*Opportunity zone
More information:
1. Total acreage 5 acres
2. Self-Storage: 31,150 sq ft
3. Warehouse: 6,400 sq ft
Introducing an unparalleled investment opportunity in Broken Bow, OK, also known as Hochatown, strategically positioned along N US HWY 259 across from the highly anticipated Choctaw Landing Casino (new $238 million casino), slated to open in Spring 2024. This 5 acre property is the most premier commercial location in the market. It encompasses a 196 unit storage facility, warehouse space, and undeveloped land, offering the perfect combination to capitalize on the lucrative potential of this thriving tourism market.
Key Features:
1. Expansive Storage Facility:
- Boasting a vast storage facility with 196 units and 31,150 sq ft of storage space, this property caters to a diverse range of storage needs, including for cabin owners décor and supplies, contractors, as well as property management companies and cleaning companies catering to the robust tourism market.
- With limited competition in the area, this facility stands out as the premier storage destination in Hochatown, offering the most convenient location and accessibility.
2. Versatile Warehouse Space:
- The property includes a 6,400 sq ft warehouse, strategically plumbed for potential conversion into an 8-room boutique hotel. This presents a unique opportunity to cater to contractors in town for long stays and cabin owners seeking short-term accommodations or overflow guests looking for proximity to the casino.
- Alternatively, the warehouse can be utilized for dry boat storage, meeting the high demand from North Texans visiting the nearby marina, which currently operates on a 2-year waiting list.
3. Prime Undeveloped Land:
- Adjacent to the Choctaw Landing Casino, this property offers undeveloped land spanning 2.345 acres, presenting an ideal location for establishing an RV park or tiny cabin village. This provides an attractive option for guests seeking affordable accommodation options near the casino.
- Surrounded by new casino resort and entertainment venue as well as 2,500 + luxury cabins, this location offers unparalleled potential for significant returns on investment in the burgeoning tourism industry of Broken Bow, OK, also known as Hochatown.
4. Adjacent Casino Hotel and Entertainment Resort:
- Directly neighboring the property is a $238 million casino hotel and entertainment resort currently under construction with anticipated opening in May 2024. Spanning 200,000 sq ft, this complex will feature 600 slot machines and 8 table games, along with a 100-room hotel and outdoor entertainment venue complete with an amphitheater, beer garden, and family arcade.
5. Broken Bow/Hochatown, OK Info
- Hochatown/Broken Bow, OK has over 2,400 luxury cabins and has seen 145% increase in travel since 2019
https://www.nytimes.com/2023/11/10/travel/airbnb-rural-boom-bust.html
1. Listed as one of VRBO’s top drivable destinations and 2nd fastest growing travel destination, Weekends see as many as 50,000 visitors driving from North Texas for the lake and outdoor activities.
https://www.onlyinyourstate.com/oklahoma/best-small-town-vaca-in-ok/
https://www.vrbo.com/media-center/press-releases/2021/vrbo-names-fastest-growing-memorial-day-destinations
1. Opening in Spring of 2024 is the new $238 million Choctaw Casino
https://www.choctawcasinos.com/newsroom/choctaw-landing-opening-spring-2024/
https://choctawlanding.com/?gad_source=1&gclid=Cj0KCQiAoeGuBhCBARIsAGfKY7yFHdHrZ_hBjiSKOhFmcd8w1XIguaCFs8xrLX7LELkfTxw_9ocV1LYaAuPJEALw_wcB
Agent has ownership in the property. To break up the sale of the storage unit and a piece of land on the backside that has a building on it.
*Opportunity zone
More information:
1. Total acreage 5 acres
2. Self-Storage: 31,150 sq ft
3. Warehouse: 6,400 sq ft
Introducing an unparalleled investment opportunity in Broken Bow, OK, also known as Hochatown, strategically positioned along N US HWY 259 across from the highly anticipated Choctaw Landing Casino (new $238 million casino), slated to open in Spring 2024. This 5 acre property is the most premier commercial location in the market. It encompasses a 196 unit storage facility, warehouse space, and undeveloped land, offering the perfect combination to capitalize on the lucrative potential of this thriving tourism market.
Key Features:
1. Expansive Storage Facility:
- Boasting a vast storage facility with 196 units and 31,150 sq ft of storage space, this property caters to a diverse range of storage needs, including for cabin owners décor and supplies, contractors, as well as property management companies and cleaning companies catering to the robust tourism market.
- With limited competition in the area, this facility stands out as the premier storage destination in Hochatown, offering the most convenient location and accessibility.
2. Versatile Warehouse Space:
- The property includes a 6,400 sq ft warehouse, strategically plumbed for potential conversion into an 8-room boutique hotel. This presents a unique opportunity to cater to contractors in town for long stays and cabin owners seeking short-term accommodations or overflow guests looking for proximity to the casino.
- Alternatively, the warehouse can be utilized for dry boat storage, meeting the high demand from North Texans visiting the nearby marina, which currently operates on a 2-year waiting list.
3. Prime Undeveloped Land:
- Adjacent to the Choctaw Landing Casino, this property offers undeveloped land spanning 2.345 acres, presenting an ideal location for establishing an RV park or tiny cabin village. This provides an attractive option for guests seeking affordable accommodation options near the casino.
- Surrounded by new casino resort and entertainment venue as well as 2,500 + luxury cabins, this location offers unparalleled potential for significant returns on investment in the burgeoning tourism industry of Broken Bow, OK, also known as Hochatown.
4. Adjacent Casino Hotel and Entertainment Resort:
- Directly neighboring the property is a $238 million casino hotel and entertainment resort currently under construction with anticipated opening in May 2024. Spanning 200,000 sq ft, this complex will feature 600 slot machines and 8 table games, along with a 100-room hotel and outdoor entertainment venue complete with an amphitheater, beer garden, and family arcade.
5. Broken Bow/Hochatown, OK Info
- Hochatown/Broken Bow, OK has over 2,400 luxury cabins and has seen 145% increase in travel since 2019
https://www.nytimes.com/2023/11/10/travel/airbnb-rural-boom-bust.html
1. Listed as one of VRBO’s top drivable destinations and 2nd fastest growing travel destination, Weekends see as many as 50,000 visitors driving from North Texas for the lake and outdoor activities.
https://www.onlyinyourstate.com/oklahoma/best-small-town-vaca-in-ok/
https://www.vrbo.com/media-center/press-releases/2021/vrbo-names-fastest-growing-memorial-day-destinations
1. Opening in Spring of 2024 is the new $238 million Choctaw Casino
https://www.choctawcasinos.com/newsroom/choctaw-landing-opening-spring-2024/
https://choctawlanding.com/?gad_source=1&gclid=Cj0KCQiAoeGuBhCBARIsAGfKY7yFHdHrZ_hBjiSKOhFmcd8w1XIguaCFs8xrLX7LELkfTxw_9ocV1LYaAuPJEALw_wcB
Agent has ownership in the property. To break up the sale of the storage unit and a piece of land on the backside that has a building on it.
Property Details
- Year Built
- 2023
- Stories
- 1
- Property Subtype
- Self-Storage
- Lot Size (sq. ft)
- 216,493 SF
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