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    202 Observation Rd Medicine Park, OK 73557

    For Sale
    $52,500

    RESIDENTIAL - Medicine Park, OK

    Type:Single Family Residence
    Days on Market:
    141
    Last Refresh:
    Dec 8 at 6:06 pm

    Property Features for 202 Observation Rd

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    Exterior features
    None

    Building Details

    Architectural style
    Other

    Elgin Realty LLC (580) 492-4260 [email protected]

    Listing agent LISA EAKINS (580) 492-4260

    Listing date Jul 21, 2025

    MLS# 169209 Listing URL

    Copyright © 2025 Lawton Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Medicine Park Mountain View Lot

    This residential lot is located on Observation Road in Medicine Park, Oklahoma. The lot measures 50x140 and provides panoramic views of the Wichita Mountains and Lake Lawtonka. Access to water and electric is available.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Food Market Hair Salon Women's Store Bakery Smoke and Vape Shop Wine and Liquor Store Clothing Store Nail Salon Arcade & Gaming Center Italian Restaurant

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Medicine Park
    County
    Comanche
    State
    Oklahoma
    Longitude
    -98.5024
    Latitude
    34.7292

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    FAQs

    What type of property is this?
    Land - Residential lot with panoramic views of Wichita Mountains and Lake Lawtonka.
    Where is this land located?
    The property is located at 202 Observation Rd Medicine Park, OK.
    What is the asking price?
    The asking price for this property is $52,500.
    What are key features of this property?
    This property features: - Panoramic views of the Wichita Mountains & Lake Lawtonka.; - Located in Medicine Park.; - Enjoy the serenity of Medicine Creek from above.
    (580) 492-4260
    Request Owner's contact information
    202 Observation Rd Medicine Park, OK 73557
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    Medicine Park, OK 73557
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    202 Observation Rd Medicine Park, OK 73557
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