23400 N Luther Rd | Luther, OK 73054
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- LoopNet Team
23400 N Luther Rd
Luther, OK 73054
Esperanza Ranch · Specialty Property For Sale
·
12,377 SF
INVESTMENT HIGHLIGHTS
- Stabilized cash-flowing asset: 70 deeded acres with buildings, FF&E, brand, digital assets, and over 100 contracted events included.
- Top-tier reputation: 4.8-star Google rating; based on verified event volume, ranked in the top 5% of US wedding venues. Forward bookings: ~70 new
- Immediate upside: Add lodging, expand ceremony sites, introduce retreats or seasonal experiences, or fold into an existing hospitality portfolio.
- Financial snapshot: Average gross revenue $550K to $750K per year with ~$5,500 average revenue per event.
- Passive-ownership ready: One FT venue manager plus five part-time subcontractors (maintenance, security, day-of staff) and fully automated workflows.
- Turnkey business opportunity with over 70 bookings already in place.
PROPERTY FACTS
| Property Type | Specialty | Building Size | 12,377 SF |
| Building Class | C | No. Stories | 1 |
| Lot Size | 70.00 AC | Year Built/Renovated | 2006/2020 |
| Zoning | C - Commercial | ||
| Property Type | Specialty |
| Building Class | C |
| Lot Size | 70.00 AC |
| Building Size | 12,377 SF |
| No. Stories | 1 |
| Year Built/Renovated | 2006/2020 |
| Zoning | C - Commercial |
PROPERTY TAXES
| Parcel Number | 168641665 | Improvements Assessment | $95,744 |
| Land Assessment | $55,000 | Total Assessment | $150,744 |
PROPERTY TAXES
Parcel Number
168641665
Land Assessment
$55,000
Improvements Assessment
$95,744
Total Assessment
$150,744
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