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 Market1906
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: Oct 26
Last Checked: Oct 26 at 3:51PM
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
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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 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 / Yr
$26,523
Cap Rate
6.65%
Suggested Prices Based on Cap Rates
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
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 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.
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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
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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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- KO Storage — 221 SE Park Ave, Lawton, OK 73501
- WasteSolutions LLC — 828 SE 3rd St, Lawton, OK 73501
- Wolfe Maxi Storage — 809 SE Interstate Dr, Lawton, OK 73501
- A & G Mini Storage — SW 2nd St, Lawton, OK 73501
- Fista Innovation Park — Lawton, OK 73501
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.
