Downtown Lot with Small
702 SW F Ave Lawton, OK 73501
For Sale
Contact for pricing
Downtown lot for sale with a 639 SF warehouse.
Property Size639 SF
Price / SF$117.37
Days on Market1010
Property Features for 702 SW F Ave
General Information
Standard status
Active
Size
639 SF
Property subtype
Land
Listing Agency:
Cummins-Setters Commercial Partners
(580) 284-0044
Listed By:
Ted Warkentin · License #OK 157217
Source:
Crexi
Added: Oct 24, 2023
Changed: Jul 10
Last Checked: Jul 28 at 4:37PM
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 Cummins-Setters Commercial Partners
Investment Insights
Based on property information with market context.
This property features a lot located downtown, which includes a 639 square foot warehouse.
Key Highlights
- Downtown location
- Warehouse included
- 639 SF warehouse
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 | $4.8k | $7.44 |
| − Vacancy | −$323 | −$0.51 |
| EGI | $4.4k | $6.93 |
| − OpEx | −$665 | −$1.04 |
| NOI | $3.8k | $5.89 |
639 SF · lease $7.44/SF/yr · vacancy 6.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$53.8K
$47.1K – $62.8K
NOI $3,766 @ 7.0% cap · market cap 5.02%
Second Best
Industrial
$46.1K
$40.3K – $53.8K
NOI $3,227 @ 7.0% cap · market cap 4.30%
Theoretical Best
Office A
$157.1K
$137.5K – $183.3K
NOI $11,000 @ 7.0% cap · market cap 14.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Commercial land - Downtown lot for sale with a 639 SF warehouse.
Where is this commercial land located?
The property is located at 702 SW F Ave Lawton, OK.
What is the asking price?
The asking price for this property is $75,000.
What are key features of this property?
This property features: Downtown location; Warehouse included; 639 SF warehouse
