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    1201-1215 Park Ave Lawton, OK 73501

    For Sale
    Contact for pricing

    Prime Lawton location, R-4 zoning, development potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1.3-acre commercial land parcel presents a unique investment opportunity in Lawton, Oklahoma. Located at 1201-1215 SW Park Avenue, this property boasts a highly desirable R-4 zoning classification, the most dense residential zoning permitted within Lawton city limits. The lot has been completely cleared of existing structures, providing a clean slate for development. Its size encompasses approximately half a city block, offering significant potential for various commercial ventures. The property's strategic location adjacent to 1111 SW Park Avenue makes it particularly suitable for use as a parking lot to serve the neighboring commercial property, though other uses are certainly possible given the R-4 zoning. The asking price for this exceptional property is $15,000. This represents a compelling entry point into the Lawton commercial real estate market, offering substantial upside potential for the discerning investor. The property is situated in Comanche County, Oklahoma, with a zip code of 73501. Detailed geographic coordinates are available upon request.

    Property Features for 1201-1215 Park Ave

    General Information

    Property type
    Land
    Lot Size
    56,628 SF

    HighLights

    • 1.3‑acre commercial land parcel in Lawton, OK, at 1201‑1215 SW Park Avenue.
    • R‑4 zoned, Lawton's highest density residential zoning, allowing for diverse commercial uses.
    • Completely cleared, half‑city‑block lot ready for development.
    • $15,000 asking price.
    • Excellent location adjacent to 1111 SW Park Avenue, suitable for parking or other commercial ventures.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Lawton
    County
    Comanche
    State
    Oklahoma
    Longitude
    -98.40616603
    Latitude
    34.59642156

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    FAQs

    What type of property is this?
    Land - Prime Lawton location, R-4 zoning, development potential.
    Where is this land located?
    The property is located at 1201-1215 Park Ave Lawton, OK.
    What is the asking price?
    The asking price for this property is $15,000.
    What are key features of this property?
    This property features: 1.3-acre commercial land parcel in Lawton, OK, at 1201-1215 SW Park Avenue.; R-4 zoned, Lawton's highest density residential zoning, allowing for diverse commercial uses.; Completely cleared, half-city-block lot ready for development.
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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
    1201-1215 Park Ave Lawton, OK 73501
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