Corner Retail
New
For Sale
Contact for pricing
2601 NW Fort Sill Blvd, Lawton, OK 73507
The property is currently occupied by a tenant.
Property Size1,583 SF
Price / SF$189.51
Days on Market2
Property Features for 2601 NW Fort Sill Blvd
General Information
Standard status
Active
Size
1,583 SF
Property subtype
RETAIL
Additional Details
Corner Location
Yes
Tenant in Place
Yes
Listing Agency:
Insight Commercial Real Estate Brokerage, LLC
Listed By:
Melissa Busse
(580) 353-6100
Source:
Moodyscre
Added: Oct 26
Last Checked: Oct 26 at 2:27PM
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
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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 retail space contains 1,583 square feet and is occupied by a tenant.
The property is situated at the corner of NW Fort Sill Blvd and NW Commerce Cirle in Lawton, Oklahoma.
The property is situated at the corner of NW Fort Sill Blvd and NW Commerce Cirle in Lawton, Oklahoma.
Key Highlights
- 1,583‑square‑foot retail space
- Occupancy by a tenant
- Corner location at NW Fort Sill Blvd and NW Commerce Cirle
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,112
Cap Rate
7.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$422,240
$422.2K
Cap Rate 7%
$301,600
$301.6K
Cap Rate 9%
$234,578
$234.6K
Market Conditions
NOI Build-Up for 1,583 SF
Gross rent
$33.6K $21.24/SF
− Vacancy
−$3.5K −$2.19/SF
EGI
$30.2K $19.05/SF
− OpEx
−$9.0K −$5.72/SF
NOI
$21.1K $13.34/SF
Area
Comanche County, OK
Vacancy
10.30%
Lease Rate
$21.24 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$422,240
Cap Rate 7%
$301,600
Cap Rate 9%
$234,578
Alternative Uses
Best Use
Retail
$301.6K
$263.9K – $351.9K
NOI $21,112 @ 7.0% cap · market cap 7.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$389.3K
$340.6K – $454.2K
NOI $27,249 @ 7.0% cap · market cap 9.08%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
168
Businesses Nearby
11k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
4,501 visits/mo
0.2 miles
Stripes
Shops & Services
3,514 visits/mo
0.3 miles
Valero Energy
Shops & Services
3,087 visits/mo
0.2 miles
Demographics for 73507, OK
21,605
Population
10,504
Households
2.1
Avg Household Size
38
Median Age
27%
College-Educated
90%
High-School Grad
243.8 sq mi
ZIP Area
89
Density / Sq Mi
$61,092
Median Household Income
$36,244
Median Earnings
$916
Median Rent
$155,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - The property is currently occupied by a tenant.
Where is this retail space located?
The property is located at 2601 NW Fort Sill Blvd Lawton, OK.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 1,583‑square‑foot retail space; Occupancy by a tenant; Corner location at NW Fort Sill Blvd and NW Commerce Cirle
