Vinita Agra-Tech Redevelopment Site 23106 S 4390 Rd 4,750 SF Vacant Industrial Building Vinita, OK 74301 $449,900 ($94.72/SF) 10% Cap Rate

Vinita Agra-Tech Redevelopment Site
Situated on approximately 10 acres in Craig County, Oklahoma, this former greenhouse and warehouse facility presents a rare value-add or redevelopment opportunity, featuring existing utilities, multiple steel buildings, and power to each tract. The site previously operated as a commercial greenhouse and landscaping business but has been inactive for several years and now requires full rehabilitation.
The property features two primary steel warehouse buildings (60' × 100' × 14' and 30' × 125' × 14'), multiple greenhouse frames, and supporting outbuildings. Electric service, rural water, propane, and septic are all on-site, providing an immediate infrastructure base for redevelopment. With easy access from Highway 2 and proximity to Vinita, this location is ideal for conversion to light industrial use, an RV park, storage, ag-tech operations, or other commercial redevelopment concepts.
The seller, a national REIT, is divesting non-performing assets and invites all reasonable offers. This asset is priced at $449,900 (approximately $44,990 per acre / $1.03 per sq. ft. of land). It presents a substantial upside for investors seeking to reposition or repurpose a site with existing improvements and utilities in place.