1801-1811 NW Sheridan Rd, Lawton, OK 73505
Retail building, warehouse, and commercial land for sale.
- Added:
- Sep 25, 2024
- Days on Market:
- 628
- Last Refresh:
- May 12 at 10:56 pm
Property Features for 1801-1811 NW Sheridan Rd
General Information
- Standard status
- Active
- Size
- 1,504 SF
- Lot size
- 0.91 Acres
- Property subtype
- Industrial, Land, Retail
Building Details
- Year Built
- 1958
Listing agent Linda Mask License #OK 124359
Listing office Cummins-Setters Commercial Partners (580) 536-4192
Listing date Sep 25, 2024
Source Crexi
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 Cummins-Setters Commercial Partners
HighLights
- Large commercial land area: Approx. 39,646 sq. ft.
- Retail building with existing tenant.
- Corner lot location at NW Andrews Ave. & NW Sheridan Rd.
- Includes both retail (approx. 1,504 sq. ft.) and warehouse (approx. 2,940 sq. ft.) space.
- Vacant lot with billboard included.
- Tanks have been removed.
Overview
Local Financial Insights For Retail
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 | $31.9k | $21.24 |
| − Vacancy | −$3.3k | −$2.19 |
| EGI | $28.7k | $19.05 |
| − OpEx | −$8.6k | −$5.72 |
| NOI | $20.1k | $13.34 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lawton
- County
- Comanche
- State
- Oklahoma
- Longitude
- -98.421604
- Latitude
- 34.627332
