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Lawton Land Ready For Development
For Sale
$250,000

505 SW Bishop Road, Lawton, OK 73501

COMMERCIAL - Lawton, OK

Property SizeContact for details
Days on Market160

Property Features for 505 SW Bishop Road

General Information

Property type Commercial Sale
Property subtype Other
Lot features Corner, Rectangle, Cleared
Subdivision WEIGHTMAN
Standard status Active
Listing Agency: RE/MAX PROFESSIONALS · RE/MAX International
Listed By: KIMBERLY THOMAS · License #148264
Added: Mar 26 Changed: Aug 4 Last Checked: Sep 1 at 2:06AM
MLS# 170880

Copyright © 2026 Lawton Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This is a 9.18-acre lot of land, currently zoned I-3, and is suitable for development. The property is relatively flat with few trees. A 14" water line is located on the west side, and a 16" water line is on the east side of the property. The city sewer line is situated across 6th Street from the north side of the lot. Summit Utilities gas lines are accessible, featuring a 6" high-pressure line on Bishop Road and a 4" line on 6th Street. The property is located near I-44, providing convenient access for transporting goods. Additionally, it is less than a mile from the Lawton-Fort Sill Regional Airport. Two industrial businesses are situated just north of the property, with a bank service center to the east.

Key Highlights

  • Prime land (9.18 acres) zoned I‑3 ready for development.
  • Conveniently located near I‑44 for easy access and hauling.
  • Less than a mile from Lawton‑Fort Sill Regional Airport.

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Plumbing Service Law Firm Real Estate Agency Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

110
Businesses Nearby

Demographics for 73501, OK

19,158
Population
9,216
Households
2.1
Avg Household Size
37
Median Age
16%
College-Educated
87%
High-School Grad
105.0 sq mi
ZIP Area
182
Density / Sq Mi
$49,061
Median Household Income
$31,399
Median Earnings
$831
Median Rent
$119,400
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Industrial land - 9.18 acres of I-3 zoned land near I-44.
Where is this industrial land located?
The property is located at 505 SW Bishop Road Lawton, OK.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Prime land (9.18 acres) zoned I‑3 ready for development.; Conveniently located near I‑44 for easy access and hauling.; Less than a mile from Lawton‑Fort Sill Regional Airport.
More about this property
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