Industrial Warehouse For
1802 SW SHERIDAN RD, Lawton, OK 73505
For Sale
Contact for pricing
Industrial warehouse available for purchase at an established address, offering space suited for storage and light industrial needs.
Property Size3,000 SF
Price / SF$66.33
Days on Market142
Property Features for 1802 SW SHERIDAN RD
General Information
Standard status
Size
Property subtype
Zoning
Building Details
Year Built
Buildings
Stories
Units
Listing Agency:
Cummins-Setters Commercial Partners
Listed By:
Charles Webber · License OK #149530
(800) 294-8118
Source:
Crexi
Added: Jun 22
Changed: Nov 6
Last Checked: Nov 10 at 8:33AM
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
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Investment Insights
Based on property information with market context.
This industrial warehouse is available for sale and offers 3,000 SF of enclosed space. The property is presented as an industrial warehouse asset, suitable for businesses seeking a practical footprint for storage, distribution, or other light industrial uses.
The warehouse is located at 1802 SW Sheridan Rd in Lawton, Oklahoma. The listing is offered as a straightforward purchase opportunity with availability noted as of 02/16/2024.
For buyers and operators, this 3,000 SF warehouse format can work well for a range of small-to-mid sized industrial requirements where an enclosed facility is needed. If you’re evaluating space for inventory storage, workflow operations, or general industrial use, the property’s size and warehouse configuration make it a manageable option to review in person. For additional details on access, improvements, and site specifics, prospective buyers should inquire directly with the listing broker.
The warehouse is located at 1802 SW Sheridan Rd in Lawton, Oklahoma. The listing is offered as a straightforward purchase opportunity with availability noted as of 02/16/2024.
For buyers and operators, this 3,000 SF warehouse format can work well for a range of small-to-mid sized industrial requirements where an enclosed facility is needed. If you’re evaluating space for inventory storage, workflow operations, or general industrial use, the property’s size and warehouse configuration make it a manageable option to review in person. For additional details on access, improvements, and site specifics, prospective buyers should inquire directly with the listing broker.
Key Highlights
- Industrial warehouse built in 1983
- 3,000 SF industrial space
- Listed available for purchase at an established address
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,682
Cap Rate
8.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$353,640
$353.6K
Cap Rate 7%
$252,600
$252.6K
Cap Rate 9%
$196,467
$196.5K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$22.3K $7.44/SF
− Vacancy
−$1.5K −$0.51/SF
EGI
$20.8K $6.93/SF
− OpEx
−$3.1K −$1.04/SF
NOI
$17.7K $5.89/SF
Area
Comanche County, OK
Vacancy
6.80%
Lease Rate
$7.44 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$353,640
Cap Rate 7%
$252,600
Cap Rate 9%
$196,467
Alternative Uses
Best Use
Warehouse
$252.6K
$221.0K – $294.7K
NOI $17,682 @ 7.0% cap · market cap 8.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$737.7K
$645.5K – $860.7K
NOI $51,641 @ 7.0% cap · market cap 25.95%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
718
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 73505, OK
46,881
Population
22,124
Households
2.1
Avg Household Size
36
Median Age
25%
College-Educated
90%
High-School Grad
64.6 sq mi
ZIP Area
726
Density / Sq Mi
$57,496
Median Household Income
$33,601
Median Earnings
$915
Median Rent
$147,200
Median Home Value
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Market
Properties on Market for Warehouses in Lawton
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Storeline Self Storage — 902 NW 21st St, Lawton, OK 73507
- StoreLine Self Storage — 1204 NW 21st St, Lawton, OK 73507
- Paradise Mini Storage — 2013 NW Kingsbury Ave, Lawton, OK 73507
- KO Storage — 2504 NW 20th St, Lawton, OK 73507
Frequently Asked Questions
What type of property is this?
Warehouse - Industrial warehouse available for purchase at an established address, offering space suited for storage and light industrial needs.
Where is this warehouse located?
The property is located at 1802 SW SHERIDAN RD Lawton, OK.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Industrial warehouse built in 1983; 3,000 SF industrial space; Listed available for purchase at an established address
