3077 E College Ave

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3077 E College Ave

Guthrie, OK 73044
Asking Price
$2.25M
Asset Type
Commercial Land
Class
Class B

What's Special

±15 Acres of Commercial Development Land at I-35 & Hwy 33 — Guthrie, OK <p></p><p><strong>High-visibility interchange location</strong> — ±15 acres at the I-35 / Hwy 33 junction (Exit 157), capturing drive-by exposure along the OKC-to-Wichita corridor with two-side road frontage.</p><ul><li>​<strong>Flexible exit and absorption strategy</strong> — buy as a single bulk block or subdivide into 3 × 5 AC or 4 × ~3.75 AC tracts (each with public road frontage, no internal roads), allowing a developer to sell down tracts individually over a projected 12–24 month absorptio

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NOI
$80,000
Cap Rate
3.56%
DSCR
0.60
Underwater
Cash-on-Cash
-7.94%
Monthly Payment
$11,131.772
Annual Cash Flow
$-53,581.268

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