320 SW 11th St, Lawton, OK 73501
1,460 SF garage with office on 0.34 acres.
- Added:
- Jun 18, 2024
- Days on Market:
- 727
- Last Refresh:
- May 12 at 11:03 pm
Property Features for 320 SW 11th St
General Information
- Standard status
- Active
- Size
- 1,460 SF
- Lot size
- 0.34 Acres
- Property subtype
- Retail
Listing agent Johnny Owens License #OK 084935
Listing office Cummins-Setters Commercial Partners (580) 357-2727
Listing date Jun 18, 2024
Source Crexi
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 Cummins-Setters Commercial Partners
HighLights
- Large ±1,460 sf garage space
- Located on a hard, lighted corner lot
- Includes an office space
- Sits on 2 city lots totaling ±0.34 acres
- Features 3 overhead doors
- Located at the intersection of 11th Street and D Avenue
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $31.0k | $21.24 |
| − Vacancy | −$3.2k | −$2.19 |
| EGI | $27.8k | $19.05 |
| − OpEx | −$8.3k | −$5.72 |
| NOI | $19.5k | $13.34 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Kasey's Tire & Auto — 1308 SW 2nd St, Lawton, OK 73501
- Southside Automotive & Exhaust — 1307 SW 2nd St, Lawton, OK 73501
- CROW'S BODY SHOP — 314 SW Lee Blvd, Lawton, OK 73501
- Best price automottive — 816 SW Washington Ave, Lawton, OK 73501
- City Tires Plus — 502 SW Lee Blvd, Lawton, OK 73501
Location Insight
- Map
- Local Demand
- City
- Lawton
- County
- Comanche
- State
- Oklahoma
- Longitude
- -98.404718
- Latitude
- 34.604644
