Open-span Warehouse Near SW
1011 Sw F Ave Lawton, OK 73501
1011 Sw F Ave, Lawton, OK, 73501
Contact for pricing
For Sale
Contact for pricing
Large warehouse with high ceilings, suitable for cultivation/processing.
Property Size10,000 SF
Price / SF$59.90
Days on Market1177
Property Features for 1011 Sw F Ave
General Information
- Standard status
- Active
- Size
- 10,000 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1993
Listing Agency
Insight Commercial Real Estate
(580) 353-6100
Listed by
Melissa Busse · License #OK
Source
Crexi
Added: Apr 28, 2023 Checked: Jul 16 at 12:35 pm
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Insight Commercial Real Estate
Investment Insights
Based on property information with market context.
This large, open-span warehouse building is available for sale near the corner of SW 11th Street and SW F Avenue. The property features three 12-foot grade-level overhead doors and 20-foot ceilings. It is equipped with four HVAC rooftop units and a security system. Formerly used as a wrestling arena, the property is located in an area with concrete parking in the front and alleyway access in the back. Nearby businesses include a Stripes gas station, Jackson’s Coin Laundry, American Legion, and Habitat for Humanity. The property offers 10,000 square feet and is also available for lease. It is suitable for a marijuana cultivation or processing plant.
Key Highlights
- Three 12’ Grade‑level Overhead Doors for Easy Access
- 20’ Ceilings Suitable for Various Uses
- Four HVAC Rooftop Units
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $78.0k | $7.80 |
| − Vacancy | −$5.9k | −$0.59 |
| EGI | $72.2k | $7.22 |
| − OpEx | −$21.6k | −$2.16 |
| NOI | $50.5k | $5.05 |
10,000 SF · lease $7.80/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Warehouse
$842.0K
$736.8K – $982.3K
NOI $58,940 @ 7.0% cap · market cap 9.84%
Second Best
Industrial
$721.5K
$631.3K – $841.8K
NOI $50,505 @ 7.0% cap · market cap 8.43%
Theoretical Best
Office A
$2.46M
$2.15M – $2.87M
NOI $172,138 @ 7.0% cap · market cap 28.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Cannabis Properties
Similar For Sale Nearby
Similar Off Market Nearby
- KO Storage — 221 SE Park Ave, Lawton, OK 73501
- Storeline Self Storage — 1104 SW C Ave, Lawton, OK 73501
- A & G Mini Storage — SW 2nd St, Lawton, OK 73501
- Wolfe Maxi Storage — 809 SE Interstate Dr, Lawton, OK 73501
- WasteSolutions LLC — 828 SE 3rd St, Lawton, OK 73501
FAQs
What type of property is this?
Warehouse - Large warehouse with high ceilings, suitable for cultivation/processing.
Where is this warehouse located?
The property is located at 1011 Sw F Ave Lawton, OK.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Three 12’ Grade‑level Overhead Doors for Easy Access; 20’ Ceilings Suitable for Various Uses; Four HVAC Rooftop Units
