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    1102 40Th St Lawton, OK 73505

    Sponsored
    For Sale
    $350,000

    Prime 2-acre lot, ideal medical office.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.07-acre commercial property, located at 1102 NW 40th St in Lawton, Oklahoma (zip code 73505), presents a unique development opportunity. Situated in Comanche County, this C-3 zoned lot offers immediate access to city water, sewer, and electricity. Its strategic location directly behind The Home Depot, just south of the high-traffic NW Cache Rd and west of NW 38th St, ensures high visibility and accessibility. The property benefits from its proximity to a thriving commercial area, with neighboring businesses including Locke Supply, The P & B Center, Starbucks Coffee, Baymont by Wyndham Hotel, and Candlewood Suites. This presents a compelling investment opportunity for developers seeking to establish a medical office building or similar venture in a high-demand location. The asking price for this exceptional property is $350,000. The APN is 0068648. This property is classified as Retail, Office, Hospitality, Mixed Use, and Land, with a subtype of Medical Office and Development Site. Don't miss this chance to acquire a prime piece of Lawton real estate.

    Property Features for 1102 40Th St

    General Information

    Property type
    Medical offices
    Lot Size
    90,169 SF

    HighLights

    • 2.07‑acre site, south of high‑traffic NW Cache Road, directly behind Home Depot.
    • City water, sewer, and electricity readily available.
    • Excellent location near Locke Supply, P&B Center, Starbucks, Baymont Inn & Suites, and Candlewood Suites.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Gym & Fitness Skin Care Clinic Daycare Center Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Lawton
    County
    Comanche
    State
    Oklahoma
    Longitude
    -98.4421173
    Latitude
    34.6186341

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    FAQs

    What type of property is this?
    Medical office - Prime 2-acre lot, ideal medical office.
    Where is this medical office located?
    The property is located at 1102 40Th St Lawton, OK.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: 2.07-acre site, south of high-traffic NW Cache Road, directly behind Home Depot.; City water, sewer, and electricity readily available.; Excellent location near Locke Supply, P&B Center, Starbucks, Baymont Inn & Suites, and Candlewood Suites.
    Request Owner's contact information
    1102 40Th St Lawton, OK 73505
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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
    1102 40Th St Lawton, OK 73505
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