Flex Space on NE
301 NE 20th St Lawton, OK
301 NE 20th St, Lawton, OK, 00000
Contact for pricing
For Sale
Contact for pricing
Flex space available for sale on 2.21 acres.
Property Size2,400 SF
Lot Size5.12 Acres
Price / SF$70.42
Days on Market357
Property Features for 301 NE 20th St
General Information
- Standard status
- Active
- Size
- 2,400 SF
- Lot size
- 5.12 Acres
- Property subtype
- FLEX_R_AND_D
Listing Agency
Insight Commercial Real Estate Brokerage, LLC
(580) 353-6100
Listed by
Melissa Busse
(580) 353-6100
Source
Moodyscre
Added: Jul 28, 2025 Checked: Jul 19 at 4:45 am
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.
This flex space is available for sale and features an open floor plan. The property is zoned I-3, offering the opportunity to accommodate a variety of business needs. The building is situated on approximately 2.21 acres. The property is located on NE 20th Street, just north of the VFW. Nearby businesses include the VFW, ABC Animal Hospital, and Los Tres Restaurant. The property size is 2,400 square feet.
Key Highlights
- Large flex space suitable for a variety of business needs
- Zoned I‑3, offering diverse business opportunities
- Sits on a large ±2.21 acre lot
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 | $18.7k | $7.80 |
| − Vacancy | −$1.4k | −$0.59 |
| EGI | $17.3k | $7.22 |
| − OpEx | −$5.2k | −$2.16 |
| NOI | $12.1k | $5.05 |
2,400 SF · lease $7.80/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Flex RnD
$424.6K
$371.5K – $495.4K
NOI $29,722 @ 7.0% cap · market cap 17.59%
Second Best
Industrial
$173.2K
$151.5K – $202.0K
NOI $12,121 @ 7.0% cap · market cap 7.17%
Theoretical Best
Office A
$590.2K
$516.4K – $688.6K
NOI $41,313 @ 7.0% cap · market cap 24.45%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Flex space available for sale on 2.21 acres.
Where is this flex space located?
The property is located at 301 NE 20th St Lawton, OK.
What is the asking price?
The asking price for this property is $169,000.
What are key features of this property?
This property features: Large flex space suitable for a variety of business needs; Zoned I‑3, offering diverse business opportunities; Sits on a large ±2.21 acre lot
