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    42nd And K Ave Lawton, OK 73505

    For Sale
    $186,000

    33.4 Acres, R-4 Zoning, Development Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 33.4-acre commercial land parcel presents a unique development opportunity in Lawton, Oklahoma. Located at the intersection of SW 42nd and K Avenue, this unplatted property offers significant potential for a variety of uses. The property is zoned R-4, allowing for a range of residential and commercial development options. Its proximity to Cameron University, approximately six-tenths of a mile north of SW 42nd Street and West Lee Boulevard, makes it particularly attractive for projects targeting the student population or the broader Lawton community. Imagine a vibrant community with apartments, shops, and restaurants catering to both students and residents. The land's strategic location, combined with its considerable size (approximately 31 acres of unplatted land plus additional acreage), offers developers a blank canvas to create a thriving and profitable venture. The asking price is $186,000, translating to $6,000 per acre, representing a compelling value for this prime commercial land in a growing area. This property is situated three blocks west of SW 38th Street, offering easy access to major thoroughfares and amenities. This is a rare opportunity to acquire a large tract of land in a desirable location with excellent development potential.

    Property Features for 42nd And K Ave

    General Information

    Property type
    Land
    Lot Size
    1,454,904 SF

    HighLights

    • 33.4‑acre commercial land parcel in Lawton, OK, ideal for development.
    • Located at SW 42nd and K Avenue, zoned R‑4 for residential and commercial uses.
    • $186,000 asking price ($6,000/acre).
    • Near Cameron University, offering proximity to a large student population.
    • Excellent access to major thoroughfares.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lawton
    County
    Comanche
    State
    Oklahoma
    Longitude
    -98.4461348
    Latitude
    34.5973678

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    FAQs

    What type of property is this?
    Land - 33.4 Acres, R-4 Zoning, Development Potential
    Where is this land located?
    The property is located at 42nd And K Ave Lawton, OK.
    What is the asking price?
    The asking price for this property is $186,000.
    What are key features of this property?
    This property features: 33.4-acre commercial land parcel in Lawton, OK, ideal for development.; Located at SW 42nd and K Avenue, zoned R-4 for residential and commercial uses.; $186,000 asking price ($6,000/acre).
    (580) 357-2727
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    Lawton, OK 73505
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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
    42nd And K Ave Lawton, OK 73505
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