Insulated Warehouse with Roll-Up
For Sale
Contact for pricing
707 SW 4TH ST LAWTON OK 73501-5202, Lawton, OK 73501
Paved warehouse near an alley provides practical access for storage use in a central Lawton location.
Property Size1,600 SF
Price / SF$106.25
Days on Market144
Property Features for 707 SW 4TH ST LAWTON OK 73501-5202
General Information
Standard status
Active
Size
1,600 SF
Property subtype
Industrial
Zoning
R1
Building Details
Year Built
1999
Buildings
1
Listing Agency:
Cummins-Setters Commercial Partners
Listed By:
Linda Mask · License #OK 124359
(580) 357-2727
Source:
Crexi
Added: Apr 13
Changed: Aug 30
Last Checked: Aug 30 at 10:41AM
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 1,600-square-foot warehouse was built in 1999 and features full insulation, one roll-up door, and two walk-through doors. The building is completely paved and includes a bathroom, although the plumbing has not been fully connected. Its warehouse configuration supports storage use, with straightforward access near the alley.
The property is situated in a residential area of downtown Lawton, Oklahoma, and is zoned R1. The combination of a paved site, insulated interior, and multiple entry points provides a functional setting for warehouse operations or storage.
The property is situated in a residential area of downtown Lawton, Oklahoma, and is zoned R1. The combination of a paved site, insulated interior, and multiple entry points provides a functional setting for warehouse operations or storage.
Key Highlights
- 1,600‑square‑foot warehouse built in 1999
- Fully insulated building with one roll‑up door
- Two walk‑through doors provide additional entry points
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$9,430
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.55%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$188,600
$188.6K
Cap Rate 7%
$134,714
$134.7K
Cap Rate 9%
$104,778
$104.8K
Market Conditions
NOI Build-Up for 1,600 SF
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.
Gross rent
$11.9K $7.44/SF
− Vacancy
−$809 −$0.51/SF
EGI
$11.1K $6.93/SF
− OpEx
−$1.7K −$1.04/SF
NOI
$9.4K $5.89/SF
Area
Comanche County, OK
Vacancy
6.80%
Lease Rate
$7.44 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$188,600
Cap Rate 7%
$134,714
Cap Rate 9%
$104,778
Alternative Uses
Best Use
Warehouse
$134.7K
$117.9K – $157.2K
NOI $9,430 @ 7.0% cap · market cap 5.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$393.5K
$344.3K – $459.0K
NOI $27,542 @ 7.0% cap · market cap 16.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,428
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Questions? Ask Rey
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Similar Off Market Nearby
- KO Storage — 221 SE Park Ave, Lawton, OK 73501
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- A & G Mini Storage — SW 2nd St, Lawton, OK 73501
- Storeline Self Storage — 1104 SW C Ave, Lawton, OK 73501
- Fista Innovation Park — Lawton, OK 73501
Frequently Asked Questions
What type of property is this?
Warehouse - Paved warehouse near an alley provides practical access for storage use in a central Lawton location.
Where is this warehouse located?
The property is located at 707 SW 4TH ST LAWTON OK 73501-5202 Lawton, OK.
What is the asking price?
The asking price for this property is $170,000.
What are key features of this property?
This property features: 1,600‑square‑foot warehouse built in 1999; Fully insulated building with one roll‑up door; Two walk‑through doors provide additional entry points
