Industrial Warehouse with Drive-Through
417 SE Stafford St Lawton, OK 73501
For Sale
Contact for pricing
4,500 SF warehouse on 0.63 acres with drive-through doors.
Property Size4,500 SF
Lot Size0.63 Acres
Price / SF$88.67
Days on Market1815
Property Features for 417 SE Stafford St
General Information
Standard status
Active
Size
4,500 SF
Lot size
0.63 Acres
Property subtype
Industrial
Building Details
Year Built
1955
Listing Agency:
Insight Commercial Real Estate
(580) 353-6100
Listed By:
Melissa Busse · License #OK
Source:
Crexi
Added: Aug 10, 2021
Changed: Jul 6
Last Checked: Jul 29 at 12:33PM
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
Investment Insights
Based on property information with market context.
This property features a 4,500 square foot warehouse situated on 0.63 acres of land in an industrial area. The warehouse includes a bathroom and an office area. It is equipped with 12 grade-level overhead doors, all designed with drive-through capability. The warehouse has the potential to be subdivided. The location is near Lawton Central Mall, Homewood Suites by Hilton, and Pippin Brothers. The property is suitable for warehouse or industrial use.
Key Highlights
- ±4,500sf warehouse with drive‑through capability.
- Features 12 grade‑level overhead doors.
- Can be subdivided.
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 | $33.5k | $7.44 |
| − Vacancy | −$2.3k | −$0.51 |
| EGI | $31.2k | $6.93 |
| − OpEx | −$4.7k | −$1.04 |
| NOI | $26.5k | $5.89 |
4,500 SF · lease $7.44/SF/yr · vacancy 6.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$378.9K
$331.5K – $442.1K
NOI $26,523 @ 7.0% cap · market cap 6.65%
Second Best
Industrial
$324.7K
$284.1K – $378.8K
NOI $22,727 @ 7.0% cap · market cap 5.70%
Theoretical Best
Office A
$1.11M
$968.3K – $1.29M
NOI $77,462 @ 7.0% cap · market cap 19.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- KO Storage — 221 SE Park Ave, Lawton, OK 73501
- A & G Mini Storage — SW 2nd St, Lawton, OK 73501
- Wolfe Maxi Storage — 809 SE Interstate Dr, Lawton, OK 73501
- WasteSolutions LLC — 828 SE 3rd St, Lawton, OK 73501
- Fista Innovation Park — Lawton, OK 73501
Frequently Asked Questions
What type of property is this?
Warehouse - 4,500 SF warehouse on 0.63 acres with drive-through doors.
Where is this warehouse located?
The property is located at 417 SE Stafford St Lawton, OK.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: ±4,500sf warehouse with drive‑through capability.; Features 12 grade‑level overhead doors.; Can be subdivided.
