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Industrial Property For Sale
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211 SW Texas Ave, Lawton, OK 73501

5,000 SqFt industrial property available for purchase.

Property Size5,000 SF
Price / SF$120
Days on Market228

Property Features for 211 SW Texas Ave

General Information

Standard status Active
Size 5,000 SF
Property subtype Industrial
Zoning I-3

Building Details

Year Built 1977
Year Renovated 2025
Listing Agency: Insight Commercial Real Estate
Listed By: Melissa Busse · License #OK
Source: Crexi
Added: Mar 3 Changed: Oct 17 Last Checked: Oct 16 at 6:15AM

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

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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This is a 5,000 square foot industrial property available for sale.

Key Highlights

  • Industrial property
  • 5,000 SqFt
  • Built in 1977

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$25,253
Cap Rate
4.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$505,060 $505.1K
Cap Rate 7%
$360,757 $360.8K
Cap Rate 9%
$280,589 $280.6K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$39.0K $7.80/SF
− Vacancy
−$2.9K −$0.59/SF
EGI
$36.1K $7.22/SF
− OpEx
−$10.8K −$2.16/SF
NOI
$25.3K $5.05/SF
Area
Comanche County, OK
Vacancy
7.50%
Lease Rate
$7.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$505,060
Cap Rate 7%
$360,757
Cap Rate 9%
$280,589

Alternative Uses

Best Use
Industrial
$360.8K
$315.7K – $420.9K (±1% cap)
NOI $25,253 @ 7.0% cap · market cap 4.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.23M
$1.08M – $1.43M (±1% cap)
NOI $86,069 @ 7.0% cap · market cap 14.34%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Industrial properties

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Restaurant Big Box & Wholesale Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

115
Businesses Nearby

Demographics for 73501, OK

19,158
Population
9,216
Households
2.1
Avg Household Size
37
Median Age
16%
College-Educated
87%
High-School Grad
105.0 sq mi
ZIP Area
182
Density / Sq Mi
$49,061
Median Household Income
$31,399
Median Earnings
$831
Median Rent
$119,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Industrial property - 5,000 SqFt industrial property available for purchase.
Where is this industrial property located?
The property is located at 211 SW Texas Ave Lawton, OK.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Industrial property; 5,000 SqFt; Built in 1977
(580) 353-6100 Call to check price and availability
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