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Warehouse with New Overhead Doors
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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
Listed By: Melissa Busse
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.

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 (±1% cap)
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 (±1% cap)
NOI $86,069 @ 7.0% cap · market cap 14.34%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Warehouses

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.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

115
Businesses Nearby
Well-served
Demand for This Use

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

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Lawton RV & Boat Storage — 670 SW Bishop Rd, Lawton, OK 73501
  • A-1 Moving & Storage, Inc. — 2115 SW 6th St, Lawton, OK 73501
  • 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
(580) 353-6100 Call to check price and availability
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