Auto Service and Warehouse
2307 SW I Ave Lawton, OK 73505
2307 SW I Ave, Lawton, OK, 73505
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For Sale
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3,540 SF single-story metal/steel building with radiant heating, offices, and large overhead doors on a 0.16-acre lot.
Property Size3,540 SF
Lot Size0.16 Acres
Price / SF$61.86
Days on Market99
Property Features for 2307 SW I Ave
General Information
- Standard status
- Active
- Size
- 3,540 SF
- Lot size
- 0.16 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1985
Listing agency
Cummins-Setters Commercial Partners
Listed by
Kip Cummins · License #OK176412
Source
Crexi
Added: Apr 15 Updated: Jul 22 at 4:37AM Checked: Jul 22 at 4:37AM
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
Investment Insights
Based on property information with market context.
This well-maintained single-story commercial building totals 3,540 SF and was built in 1985. Constructed with metal/steel framing and a gable roof, the property includes radiant heating and offers dedicated office space alongside a flexible warehouse/service area. Large overhead doors provide straightforward access for trucks and deliveries, supported by ample on-site parking. The overall condition is described as average, and the building is positioned as move-in ready.
The property sits on a 0.16-acre (6,848 SF) lot in a high-visibility southwest Lawton location. It was previously operated as the home of Redneck Doors, and the configuration is well-suited for a range of hands-on business uses.
The space is designed to support practical operations such as auto service and equipment-focused businesses, with the combination of overhead access, office areas, and on-site parking for daily workflow.
The property sits on a 0.16-acre (6,848 SF) lot in a high-visibility southwest Lawton location. It was previously operated as the home of Redneck Doors, and the configuration is well-suited for a range of hands-on business uses.
The space is designed to support practical operations such as auto service and equipment-focused businesses, with the combination of overhead access, office areas, and on-site parking for daily workflow.
Key Highlights
- 3,540 SF single‑story metal/steel commercial building built in 1985 on a 0.16‑acre (6,848 SF) lot
- Radiant heating and durable gable roof
- Large overhead doors for truck and delivery access
Local Financial Insights For Industrial
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 | $27.6k | $7.80 |
| − Vacancy | −$2.1k | −$0.59 |
| EGI | $25.5k | $7.22 |
| − OpEx | −$7.7k | −$2.16 |
| NOI | $17.9k | $5.05 |
3,540 SF · lease $7.80/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$674.5K
$590.2K – $786.9K
NOI $47,212 @ 7.0% cap · market cap 21.56%
Second Best
Flex RnD
$626.3K
$548.0K – $730.7K
NOI $43,839 @ 7.0% cap · market cap 20.02%
Theoretical Best
Office A
$870.5K
$761.7K – $1.02M
NOI $60,937 @ 7.0% cap · market cap 27.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- The Bent Fork — 2702 W Gore Blvd, Lawton, OK 73505
FAQs
What type of property is this?
Flex space - 3,540 SF single-story metal/steel building with radiant heating, offices, and large overhead doors on a 0.16-acre lot.
Where is this flex space located?
The property is located at 2307 SW I Ave Lawton, OK.
What is the asking price?
The asking price for this property is $219,000.
What are key features of this property?
This property features: 3,540 SF single‑story metal/steel commercial building built in 1985 on a 0.16‑acre (6,848 SF) lot; Radiant heating and durable gable roof; Large overhead doors for truck and delivery access
