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    6502 Cache Rd Lawton, OK 73505

    For Sale
    $1,990,000

    High-traffic retail center, 29,860 SF

    Property size:
    29,860 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 29,860-square-foot shopping center in Lawton, Oklahoma, presents a compelling investment opportunity. Located on NW Cache Road, Lawton's highest-traffic thoroughfare, this single-story, Class C property boasts excellent visibility and accessibility. Built in 1972, the 1.03-acre site features a single building with 40 parking spaces and is zoned C-5, allowing for retail and/or office use. Currently 90% occupied by long-term tenants, who are responsible for their own repairs and utilities, this turnkey investment requires minimal deferred maintenance. The property features building facade signage, capitalizing on its prime location and high traffic volume. Low inventory in the area further enhances its investment value. This property offers a stable income stream with significant upside potential for a savvy investor. The eleven units are well-maintained and ready for immediate income generation. This is a rare opportunity to acquire a well-positioned, high-performing retail center in a thriving market.

    Property Features for 6502 Cache Rd

    General Information

    Property type
    Lifestyle centers
    Square Feet
    29,860 SF
    Class
    C
    Lot Size
    44,867 SF

    Building Details

    Year Built
    1972
    Buildings
    1
    Stories
    1

    HighLights

    • High‑traffic location with excellent visibility.
    • Building signage opportunities available.
    • Ample parking with 40 spaces.
    • 90% occupancy rate anchored by long‑term tenants.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    A1 Appliance Parts ... Appliance Repair Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -98.4731469
    Latitude
    34.6230837

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    FAQs

    What type of property is this?
    Lifestyle center - High-traffic retail center, 29,860 SF
    Where is this lifestyle center located?
    The property is located at 6502 Cache Rd Lawton, OK.
    What is the asking price?
    The asking price for this property is $1,990,000.
    What are key features of this property?
    This property features: High-traffic location with excellent visibility.; Building signage opportunities available.; Ample parking with 40 spaces.
    Request Owner's contact information
    6502 Cache Rd 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
    6502 Cache Rd Lawton, OK 73505
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