Large I-3 Flex
301 NE 20th St Lawton, OK 73507
For Sale
Contact for pricing
Large flex building on 2.21 acres with an open floor plan, zoned I-3, and suited for a variety of business needs.
Property Size2,400 SF
Lot Size2.21 Acres
Price / SF$70.42
Days on Market367
Property Features for 301 NE 20th St
General Information
Standard status
Active
Size
2,400 SF
Lot size
2.21 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
Changed: Jul 29
Last Checked: Jul 29 at 6:30AM
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 large flex space for sale includes an open floor plan designed to support a variety of business needs. The property is zoned I-3 and includes a building set on 2.21 acres.
The site is located on NE 20th Street, just north of the VFW, with nearby businesses including ABC Animal Hospital and Los Tres Restaurant.
With its I-3 zoning and open layout, the property offers flexibility for users seeking a versatile flex-style building configuration.
The site is located on NE 20th Street, just north of the VFW, with nearby businesses including ABC Animal Hospital and Los Tres Restaurant.
With its I-3 zoning and open layout, the property offers flexibility for users seeking a versatile flex-style building configuration.
Key Highlights
- Large flex space for sale on NE 20th Street, just north of the VFW
- Building on 2.21 acres with an open floor plan
- Zoned I‑3 for a variety of business needs
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 authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Flex space - Large flex building on 2.21 acres with an open floor plan, zoned I-3, and suited for a variety of business needs.
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 for sale on NE 20th Street, just north of the VFW; Building on 2.21 acres with an open floor plan; Zoned I‑3 for a variety of business needs
