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    1218-1220 31St St Lawton, OK 73505

    For Sale
    $550,000

    Fully occupied, high-traffic Lawton office buildings.

    Property size:
    7,100 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional investment opportunity presents two fully occupied office buildings situated at the highly visible corner of NW 31st St & NW Cache Rd in Lawton, Oklahoma. The property consists of two buildings totaling 7,100 square feet, offering a compelling blend of modern amenities and prime location. Building 1218, approximately 1,500 square feet, is a newer construction (2017) featuring office space, a utility room, two restrooms, and a sizable shop area with overhead doors. Building 1220, encompassing approximately 5,600 square feet, underwent a complete renovation in 2016, boasting high-end finishes throughout. This building offers multiple offices across two stories, a refreshed exterior, and ample on-site asphalt parking. The property is zoned C-5 and benefits from its location in a high-traffic area with excellent visibility. Nearby businesses include popular restaurants such as Burger King, Jack in the Box, Taco Bell, and McAlister's Deli, ensuring a steady flow of potential customers and employees. This property is ideal for investors seeking a stable, income-generating asset in a thriving commercial area. The buildings were originally constructed in 1979. This turnkey investment offers immediate cash flow and significant potential for future appreciation.

    Property Features for 1218-1220 31St St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    7,100 SF

    Building Details

    Year Built/Renovated
    1979/2016
    Buildings
    2
    Stories
    2
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant 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
    -98.430637539886
    Latitude
    34.623042760614

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    FAQs

    What type of property is this?
    Office Property / Space - Fully occupied, high-traffic Lawton office buildings.
    Where is this office property / space located?
    The property is located at 1218-1220 31St St Lawton, OK.
    What is the asking price?
    The asking price for this property is $550,000.
    (580) 353-6100
    Request Owner's contact information
    1218-1220 31St 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
    1218-1220 31St St Lawton, OK 73505
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