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    101 D Ave Lawton, OK 73501

    Sponsored
    For Sale
    $1,460,000

    Fully occupied, high-cap-rate warehouse.

    Property size:
    29,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This ±29,600 square foot warehouse, located at 101 SE D Ave, Lawton, OK 73501, presents a compelling investment opportunity. Built in 1940 and renovated in 2014, this industrial property boasts a 5.50% cap rate and is priced at $1,460,000 ($49.32/sq ft). Situated on a 0.82-acre lot zoned I-4, the property features a 26' eave height and 32' peak height. The warehouse includes a sprinkler system and overhead natural gas infrared heaters. Multiple loading docks offer varying grade and dock heights, with the largest overhead door measuring 14'x16' and the smallest 10'x10'. Reinforced concrete floors provide durability. The building also includes two offices, one bathroom, and a showroom, all of which offer expansion potential. A separate rear lot (approximately 19,894 sq ft, measuring 203' x 98') is included, and both front and rear yards are fenced. The property is currently under a triple net lease and enjoys a prime location in Lawton's industrial park, near downtown and I-44, with nearby businesses including Glen Oil, Pippin Brothers Home Services, Pepsi Bottling Company, and New York Life Insurance.

    Property Features for 101 D Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    29,600 SF
    Lot Size
    35,719 SF

    Building Details

    Year Built/Renovated
    1940/2014

    HighLights

    • 100% Occupied Investment Opportunity
    • Multiple Docks
    • High Bay Warehouse with Overhead Doors
    Property Profile Location Intelligence

    Current Use by Public Records

    Morrison Supply Company- ... Plumbing Supply Store

    Suggested Use

    Restaurant Realty agency Dental Office Law Firm Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lawton
    County
    Comanche
    State
    Oklahoma
    Longitude
    -98.3857889
    Latitude
    34.6035597

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    FAQs

    What type of property is this?
    Distribution property - Fully occupied, high-cap-rate warehouse.
    Where is this distribution property located?
    The property is located at 101 D Ave Lawton, OK.
    What is the asking price?
    The asking price for this property is $1,460,000.
    What are key features of this property?
    This property features: 100% Occupied Investment Opportunity; Multiple Docks; High Bay Warehouse with Overhead Doors
    Request Owner's contact information
    101 D Ave Lawton, OK 73501
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    Lawton, OK 73501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    101 D Ave Lawton, OK 73501
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