Downtown Lot with Small
For Sale
Contact for pricing
702 SW F Ave, Lawton, OK 73501
Downtown lot for sale with a 639 SF warehouse.
Property Size639 SF
Price / SF$117.37
Days on Market1101
Property Features for 702 SW F Ave
General Information
Standard status
Active
Size
639 SF
Property subtype
Land
Listing Agency:
Cummins-Setters Commercial Partners
Listed By:
Ted Warkentin · License #OK 157217
(580) 284-0044
Source:
Crexi
Added: Oct 24, 2023
Changed: Oct 26
Last Checked: Oct 26 at 2:15PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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
Estimated NOI and Cap Rate
NOI / Yr
$3,766
Cap Rate
5.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$75,320
$75.3K
Cap Rate 7%
$53,800
$53.8K
Cap Rate 9%
$41,844
$41.8K
Market Conditions
NOI Build-Up for 639 SF
Gross rent
$4.8K $7.44/SF
− Vacancy
−$323 −$0.51/SF
EGI
$4.4K $6.93/SF
− OpEx
−$665 −$1.04/SF
NOI
$3.8K $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 Rate 5%
$75,320
Cap Rate 7%
$53,800
Cap Rate 9%
$41,844
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.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,391
Businesses Nearby
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
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
