417 N 1st St, Blackwell, OK, 74631
About This Home
Exceptional opportunity to acquire a fully improved ±10,400 SF industrial asset featuring an active OMMA Indoor Cultivation License and extensive infrastructure supporting cannabis cultivation, processing, manufacturing, or alternative industrial uses. Previously operated as a controlled-environment cultivation facility, the property offers immediate operational capability for cannabis operators seeking to significantly reduce startup costs and accelerate time to market. The asset consists of two ±5,200 SF buildings situated on a functional industrial site with robust utility service and flexible operational layouts. The primary building is a fully built-out cultivation facility featuring specialized electrical systems, commercial HVAC infrastructure, environmental controls, lighting, and improvements designed to support high-demand agricultural production. The secondary building includes office space and approximately ±3,800 SF of adaptable warehouse, processing, storage, or expansion area, providing flexibility for a variety of operational configurations. Ownership is willing to consider subdividing the property into separate buildings and parcels, creating opportunities for owner-users, investors, multi-tenant occupancy, or phased acquisition strategies. If sold separately, pricing will be adjusted accordingly. Any utility separation or site modifications required to facilitate a separate sale shall be the responsibility of the purchaser.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Unknown
- Year built: 2015
Materials
- Construction materials: Alum/Steel Siding
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence,Residential
Interior
Bedrooms & Bathrooms
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Interior Area
- Total structure area: 10,570
- Total interior livable area: 10,570 sqft
Property
Lot
- Lot size: 10,570 sqft
- Lot size dimensions: 10570 sq.ft
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Tornado
- Hail
- Inland Flooding
- Ice Storm
- Winter Weather
- Drought
- Heat Wave
- Lightning
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters in Kay County and Oklahoma
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,896 | $22,752 |
| Home Insurance | $899 | $10,788 |
| Property Taxes | $206 | $2,472 |
| Electricity | $786 | $9,435 |
| Total | $3,787 | $45,444 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-25 | Price change | $375,000 |
| 2026-06-26 | Listed for sale | $400,000 |
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