Warehouse with New Overhead
For Sale
Contact for pricing
211 SW Texas Ave, Lawton, OK 73501
Warehouse building features newly installed 16' overhead doors and a roof replacement completed in October 2017.
Property Size5,000 SF
Price / SF$120
Days on Market143
Property Features for 211 SW Texas Ave
General Information
Standard status
Active
Size
5,000 SF
Property subtype
INDUSTRIAL
Additional Details
Highway Access
Yes
Building Details
Year Renovated
2017
Listing Agency:
Insight Commercial Real Estate Brokerage, LLC
(580) 353-6100
Listed By:
Melissa Busse
(580) 353-6100
Source:
Moodyscre
Added: Mar 10
Changed: Jul 25
Last Checked: Jul 25 at 9:57PM
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.
Warehouse building with approximately 5,000 square feet and dimensions of 50' x 100'. The property includes newly installed 16' overhead doors and a roof replacement completed in October 2017.
Located within an industrial park in south Lawton with close access to I-44. Surrounding businesses include FedEx Freight, Lawton Animal Welfare, Lawton Public Works, and Cosmetic Specialty Labs.
Located within an industrial park in south Lawton with close access to I-44. Surrounding businesses include FedEx Freight, Lawton Animal Welfare, Lawton Public Works, and Cosmetic Specialty Labs.
Key Highlights
- ±5,000 SF warehouse building (50' x 100')
- New 16' overhead doors installed
- Roof replacement completed October 2017
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 | $37.2k | $7.44 |
| − Vacancy | −$2.5k | −$0.51 |
| EGI | $34.7k | $6.93 |
| − OpEx | −$5.2k | −$1.04 |
| NOI | $29.5k | $5.89 |
5,000 SF · lease $7.44/SF/yr · vacancy 6.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$421.0K
$368.4K – $491.2K
NOI $29,470 @ 7.0% cap · market cap 4.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.23M
$1.08M – $1.43M
NOI $86,069 @ 7.0% cap · market cap 14.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
115
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Similar Off Market Nearby
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- Allied Van Lines — 2115 SW 6th St #200, Lawton, OK 73502
- Coleman American Moving Services, Inc. — 2115 SW 6th St, Lawton, OK 73502
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse building features newly installed 16' overhead doors and a roof replacement completed in October 2017.
Where is this warehouse 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: ±5,000 SF warehouse building (50' x 100'); New 16' overhead doors installed; Roof replacement completed October 2017