Automotive/Warehouse Building on 'F'
1202 SW F Ave Lawton, OK
For Sale
Contact for pricing
Occupied automotive/warehouse building for sale with development potential.
Property Size2,705 SF
Lot Size0.37 Acres
Price / SF$68.39
Days on Market857
Property Features for 1202 SW F Ave
General Information
Standard status
Active
Size
2,705 SF
Lot size
0.37 Acres
Property subtype
RETAIL
Listing Agency:
Insight Commercial Real Estate Brokerage, LLC
(580) 353-6100
Listed By:
Christian Forsyth
(580) 353-6100
Source:
Moodyscre
Added: Mar 25, 2024
Changed: Jul 6
Last Checked: Jul 21 at 5:18AM
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 Brokerage, LLC
Investment Insights
Based on property information with market context.
The property is an occupied automotive and warehouse building situated on 'F' Avenue. The building is located on a 0.38-acre lot, offering ample parking space and potential for further development. The office area includes two restrooms, cooling, and overhead gas heaters for heating. It features one overhead door facing 'F' Avenue. Signage is available on the building. The property was previously used as a tire repair shop, and the yard is fenced, providing additional parking or storage space. Nearby businesses include Hungry Hearts Feeding Ministry, Red Roof Dog Grooming, and Stripes Gas Station and Convenience Store. The building size is 2705 square feet.
Key Highlights
- Large .38 acre lot with ample parking and development potential.
- Fenced yard suitable for additional parking or storage.
- Building signage availability.
Financial Insights For Warehouse
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 | $20.1k | $7.44 |
| − Vacancy | −$1.4k | −$0.51 |
| EGI | $18.8k | $6.93 |
| − OpEx | −$2.8k | −$1.04 |
| NOI | $15.9k | $5.89 |
2,705 SF · lease $7.44/SF/yr · vacancy 6.80% · expense 15.00%
Alternative Uses
Best Use
Retail
$515.4K
$450.9K – $601.3K
NOI $36,075 @ 7.0% cap · market cap 19.50%
Second Best
Warehouse
$227.8K
$199.3K – $265.7K
NOI $15,943 @ 7.0% cap · market cap 8.62%
Theoretical Best
Office A
$665.2K
$582.0K – $776.1K
NOI $46,563 @ 7.0% cap · market cap 25.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Roadside Towing & Auto Sales — 2102 sw jefferson ave, lawton, ok 73501
- Roadside Paint & Bodyshop — 2102 SW Jefferson Ave, Lawton, OK 73501
- D N D Tire — 2014 SW Lee Blvd, Lawton, OK 73501
- 580 Auto Repair LLC — 1402 SW 11th St, Lawton, OK 73501
- junk cars 4 more cash — 2116 SW Jefferson Ave, Lawton, OK 73501
Frequently Asked Questions
What type of property is this?
Auto shop - Occupied automotive/warehouse building for sale with development potential.
Where is this auto shop located?
The property is located at 1202 SW F Ave Lawton, OK.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: Large .38 acre lot with ample parking and development potential.; Fenced yard suitable for additional parking or storage.; Building signage availability.
