Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    912 NE Tortoise Dr Lawton, OK 73507

    Sponsored
    Picture of Quadplexes at NE Tortoise Dr 912, Lawton, OK
    For Sale
    Pending
    $299,900

    1 Story, TRIPLEX/FOUR PLEX - Lawton, OK

    Days on Market:
    2
    Last Refresh:
    Feb 4 at 9:06 am

    Property Features for 912 NE Tortoise Dr

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    R-4 High Den Apt
    Rooms
    Bathroom 1
    Bathrooms
    1
    Interior features
    Smoke/Heat Alarm, Window Covering, Garage Door Opener, Carpet, Ceiling Fans, Washer Connection, Dryer Connection, Breakfast Bar
    Exterior features
    Assigned Parking
    Appliances
    Dishwasher, Garbage Disposer, Range, Refrigerator, Washer

    Utilities

    Heating system
    Central, Heat Pump (Heating)
    Cooling system
    Central Air, Electric, Heat Pump

    Building Details

    Floors in Building
    1
    Number of units
    4
    Flooring type
    Carpet, Carpet - Partial, Tile, Tile - Ceramic
    Roof type
    Composition
    Architectural style
    Other

    We can help!

    Listing Contact
    WOON (HANK) CHANG

    Market-One Real Estate Firm (580) 536-2700

    Listing agent WOON (HANK) CHANG (580) 536-2700

    Listing date Feb 3, 2026

    MLS# 170463 Listing URL

    Copyright © 2026 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.

    Learn more

    Property Insight Report

    Overview

    Lawton Quadplex Investment Opportunity

    This eastside quadplex in Lawton, Oklahoma, presents an opportunity for real estate investment. Each of the four units features two bedrooms and one full bathroom. The units are equipped with window coverings and ceiling fans, and are total electric. The living areas, hallways, and bedrooms are carpeted, while the kitchens and bathrooms have ceramic tile flooring. Each unit includes an electric range/oven, refrigerator, dishwasher, disposal, and washer/dryer connections. The property's location allows for convenient commutes to Fort Sill, schools, shopping centers, entertainment venues, and restaurants. The zoning is R-4 High Den Apt. This property offers income potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Dental Office Gym & Fitness Center Daycare Center Pharmacy Food Market Department Store Grocery & Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lawton
    County
    Comanche
    State
    Oklahoma
    Longitude
    -98.376281
    Latitude
    34.637194

    Nearby Similar for Sale

    • $169,989
      40.00 Acres

      40 Acres of Ranch Land

      40 acres of fenced land suitable for livestock or crops.
      NE Carlson Rd, Lawton, OK 73507
      View Details
    • $400,000
      6,000 SF

      Turnkey Church/Training Facility in Lawton

      6,000 SF building ideal for church or training center.
      104 SW 11Th St, Lawton, OK 73501
      View Details
    • $895,000
      22,080 SF

      Lawton Commercial Property For Sale

      22,080 SF commercial property in Lawton, Oklahoma.
      102 SW 11Th St, Lawton, OK 73501
      View Details
    • $139,900
      1,824 SF

      Lawton Office Building For Sale

      Versatile office building with high visibility on Cache Road.
      1222 NW Cache Rd, Lawton, OK 73507
      View Details
    • New
      $700,000
      7,130 SF

      Lawton Medical Office Building

      7,300 SF medical office building in Lawton, Oklahoma.
      10 NW 38Th St, Lawton, OK 73505
      View Details
    • $77,000
      2,531 SF

      Lawton Multifamily Investment Opportunity

      Multifamily property in Lawton, OK, with significant renovation completed.
      1602 NW Columbia Ave, Lawton, OK 73507
      View Details
    • $54,900
      1,400 SF

      Lawton Townhome with Owner Finance

      Townhome with granite countertops, open floor plan, owner finance.
      1122 NW 52Nd Cir, Lawton, OK 73505
      View Details
    • $285,000

      Well-Maintained Duplex Near Cameron University

      Spacious duplex near Cameron University, ideal for investors or owner-occupants.
      2505 SW C Ave, Lawton, OK 73505
      View Details
    • $180,000

      Office Building in Lawton, OK

      Office building for sale in Lawton, Oklahoma.
      1201 NW Arlington Ave - A B C D E, Lawton, OK 73507
      View Details
    • New
      $1,750,000

      Well-Maintained Multifamily Investment Opportunity

      40-unit multifamily property with long-term tenants and recent renovations.
      1309 NW Baldwin Ave, Lawton, OK 73507
      View Details
    • $425,000

      11-Unit Investment Property

      Fully occupied, income-generating multifamily property.
      1910 NW Hoover Ave, Lawton, OK 73507
      View Details
    • $119,000
      1,254 SF

      Lawton Commercial Property on Gore

      Commercial property on Gore Blvd, Lawton, with excellent visibility.
      1527 W Gore Blvd, Lawton, OK 73501
      View Details

    FAQs

    What type of property is this?
    Quadplex - Eastside quadplex with income potential near Fort Sill.
    Where is this quadplex located?
    The property is located at 912 NE Tortoise Dr Lawton, OK.
    What is the asking price?
    The asking price for this property is $299,900.
    What are key features of this property?
    This property features: - Quadplex: Live in one unit and rent out the other three for income.; - Each unit features 2 bedrooms and 1 full bath.; - Essential appliances included: electric range/oven, refrigerator, and dishwasher in all units.
    (580) 536-2700
    Request Owner's contact information
    912 NE Tortoise Dr Lawton, OK 73507
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    912 NE Tortoise Dr
    Lawton, OK 73507
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    912 NE Tortoise Dr Lawton, OK 73507
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    WOON (HANK) CHANG
    (580) 536-2700
    Learn more
    Google sign-in failed. Please try again or use another login method.