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    1 2Nd St Lawton, OK 73501

    For Sale
    $2,203,264

    4.38 Acres, $2.2M Asking Price

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 4.38-acre commercial land parcel presents a significant investment opportunity in Lawton, Oklahoma. Located at 1 NW 2nd St, this property boasts a highly desirable location within Comanche County, offering excellent visibility and accessibility. The expansive lot size provides ample space for a variety of commercial developments, catering to diverse business needs. With its strategic positioning and significant acreage, this property is ideally suited for large-scale projects requiring substantial land area. The asking price is $2,203,264. The property's APN is 208831130, providing easy identification for due diligence. Situated in the 73501 zip code, this location offers convenient access to major transportation routes and a thriving local economy. This is a rare opportunity to acquire a substantial commercial land holding in a prime Lawton location. The property's size and location make it an attractive prospect for developers seeking to capitalize on the growing commercial sector in this dynamic area of Oklahoma. Serious inquiries are encouraged to explore the potential of this exceptional commercial land offering. The property is classified as commercial land.

    Property Features for 1 2Nd St

    General Information

    Property type
    Land
    Lot Size
    190,793 SF

    HighLights

    • 4.38‑acre lot.
    • Commercial land.
    • Commercial land parcel.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lawton
    County
    Comanche
    State
    Oklahoma
    Longitude
    -98.390131
    Latitude
    34.609468

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    FAQs

    What type of property is this?
    Land - 4.38 Acres, $2.2M Asking Price
    Where is this land located?
    The property is located at 1 2Nd St Lawton, OK.
    What is the asking price?
    The asking price for this property is $2,203,264.
    What are key features of this property?
    This property features: 4.38-acre lot.; Commercial land.; Commercial land parcel.
    (580) 284-0044
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    1 2Nd St 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
    1 2Nd St Lawton, OK 73501
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