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

    2405 NW Sheridan Rd Lawton, OK 73505

    Sponsored
    For Sale
    $145,000

    OTHER - Lawton, OK

    Property size:
    1,168 SF
    Days on Market:
    49
    Last Refresh:
    Jan 29 at 8:06 am

    Property Features for 2405 NW Sheridan Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Exterior features
    Fence
    Fencing
    Fenced
    Size
    1,168 SF

    Utilities

    Heating system
    Central, Electric (Heating), Natural Gas

    Building Details

    Floors in Building
    1
    Flooring type
    Tile, Vinyl
    Building materials
    Frame
    Roof type
    Built-Up, Flat
    Architectural style
    Other

    We can help!

    Listing Contact
    CHARLES BARGER

    A R E inc (580) 355-4545

    Listing agent CHARLES BARGER (580) 355-4545

    Listing date Dec 12, 2025

    MLS# 167351 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

    Retail Building Near Fort Sill

    This 1,168 square foot retail building is located on NW Sheridan Road in Lawton, Oklahoma, near Fort Sill. The property is situated in a high-traffic area with many other Lawton businesses nearby. The building is divided in a way that one side could be leased. It features sufficient parking and a wheelchair ramp at the entrance. Each side of the building has one bathroom. The location is suitable for a barbershop, beauty salon, or nail salon.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    East Side Hair ... Barber Shop

    Suggested Use

    Restaurant Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Gym & Fitness Pharmacy Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lawton
    County
    Comanche
    State
    Oklahoma
    Longitude
    -98.423386
    Latitude
    34.58409

    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 Office Building For Sale

      Office building in Lawton, Oklahoma, offering a prime commercial opportunity.
      10 NW 38Th St, Lawton, OK 73505
      View Details
    • New
      $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
    • $92,000
      1,680 SF

      Lawton Duplex: Investment Opportunity

      Well-maintained duplex in Lawton, OK, generating $15,048 annual rental income.
      15 NW 25Th St, Lawton, OK 73501
      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

    FAQs

    What type of property is this?
    Retail space - Retail building in high-traffic area near Fort Sill.
    Where is this retail space located?
    The property is located at 2405 NW Sheridan Rd Lawton, OK.
    What is the asking price?
    The asking price for this property is $145,000.
    What are key features of this property?
    This property features: - High traffic location on NW Sheridan Rd. near Fort Sill; - Suitable for barbershop/beauty salon/nail salon; - Building divisible with potential for leasing one side
    (580) 355-4545
    Request Owner's contact information
    2405 NW Sheridan Rd Lawton, OK 73505
    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.
    2405 NW Sheridan Rd
    Lawton, OK 73505
    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
    2405 NW Sheridan Rd Lawton, OK 73505
    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
    CHARLES BARGER
    Real Estate License ID: 111830
    (580) 355-4545
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.