27557 Ridge Road, Washington, OK 73093

$4,600,000 Asking Price

4 beds
3 baths
2,890  sqft
Built in 1975

Property being sold as Commercial and AS-IS. The possibilities are endless with this property. Situated in a growing area with I35 frontage, just off Ladd Rd exit, and the possibility of more on/off ramp as I35 expands. Spanning 23.38 acres, it encompasses a 2890 sq ft house built in 1975 with multiple structures including two barns. Zoned IP with established utilities, it offers flexibility. Additionally, it features an owned billboard that can generate up to $1100/month in revenue and receives $500/month in dividends from Lamar for the lease of the other billboard. Currently, the owner resides in the house, operating an equestrian business. There's ample opportunity to repurpose the house for commercial use, adding to the property's potential. 8 minutes south of Norman.


Features & Amenities

Interior

A/C:
true, Central Air
Heating:
true, Central,Electric
Fireplace:
Masonry, Fireplace, Fireplaces: 2

Exterior

General:
Barn(s),Stable(s)
Style:
Other
Other Structures:
Barn(s),Stable(s)
Pool:
None
Parking:
Carport

Construction

Roofing:
Metal
General:
Frame, 2, Slab

Location

HOA Amenities:
Annually
Originating MLS:
MLSGATEWAY
School District:
Washington
County:
McClain

Lot

Zoning:
27557NONERidge73093

Utilities

Utilities:
Electricity Available,High Speed Internet Available,Municipal Utilities

Financial

Source:
MLSGATEWAY
Buyers Agent Compensation:
2%

This listing courtesy of:
Collection 7 Realty, Niki McClain

About Washington, OK

Housing

Number of Units
1,400
Median Home Value
$227,366
Median Rent
$768

16.41% of housing units are renter occupied.

6.02% are vacant.

Commute

Car
78.44%
Public Transportation
0.47%
Walk to Work
0.60%
Work from Home
20.38%
Other
0.00%

The median travel time to work is 23 minutes.

People

Population
3,623
Median Age
36.60
Median Household Size
2.96

Education

High School
30.25%
Associate’s Degree
9.29%
Bachelor’s Degree
20.25%
Graduate Degree
9.59%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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