Industrial Warehouse with Drive-Through
For Sale
Contact for pricing
417 SE Stafford St, Lawton, OK 73501
4,500 SF warehouse on 0.63 acres with drive-through doors.
Property Size4,500 SF
Lot Size0.63 Acres
Price / SF$88.67
Days on Market1860
Property Features for 417 SE Stafford St
General Information
Standard status
Active
Size
4,500 SF
Lot size
0.63 Acres
Property subtype
Industrial
Zoning
I-3
Lease Type
Modified Gross
Building Details
Year Built
1955
Listing Agency:
Insight Commercial Real Estate
Listed By:
Melissa Busse · License #OK
(580) 353-6100
Source:
Crexi
Added: Aug 10, 2021
Changed: Sep 7
Last Checked: Sep 12 at 4:12AM
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 Insight Commercial Real Estate
Investment Insights
Based on property information with market context.
This property features a 4,500 square foot warehouse situated on 0.63 acres of land in an industrial area. The warehouse includes a bathroom and an office area. It is equipped with 12 grade-level overhead doors, all designed with drive-through capability. The warehouse has the potential to be subdivided. The location is near Lawton Central Mall, Homewood Suites by Hilton, and Pippin Brothers. The property is suitable for warehouse or industrial use.
Key Highlights
- ±4,500sf warehouse with drive‑through capability.
- Features 12 grade‑level overhead doors.
- Can be subdivided.
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
$26,523
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
6.65%
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%
$530,460
$530.5K
Cap Rate 7%
$378,900
$378.9K
Cap Rate 9%
$294,700
$294.7K
Market Conditions
NOI Build-Up for 4,500 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
$33.5K $7.44/SF
− Vacancy
−$2.3K −$0.51/SF
EGI
$31.2K $6.93/SF
− OpEx
−$4.7K −$1.04/SF
NOI
$26.5K $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%
$530,460
Cap Rate 7%
$378,900
Cap Rate 9%
$294,700
Alternative Uses
Best Use
Warehouse
$378.9K
$331.5K – $442.1K
NOI $26,523 @ 7.0% cap · market cap 6.65%
Second Best
Industrial
$324.7K
$284.1K – $378.8K
NOI $22,727 @ 7.0% cap · market cap 5.70%
Theoretical Best
Office A
$1.11M
$968.3K – $1.29M
NOI $77,462 @ 7.0% cap · market cap 19.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
755
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
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
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Frequently Asked Questions
What type of property is this?
Warehouse - 4,500 SF warehouse on 0.63 acres with drive-through doors.
Where is this warehouse located?
The property is located at 417 SE Stafford St Lawton, OK.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: ±4,500sf warehouse with drive‑through capability.; Features 12 grade‑level overhead doors.; Can be subdivided.
