Garage with Office on
For Sale
Contact for pricing
320 SW 11th St, Lawton, OK 73501
1,460 SF garage with office on 0.34 acres.
Property Size1,460 SF
Lot Size0.34 Acres
Price / SF$152.05
Days on Market863
Property Features for 320 SW 11th St
General Information
Standard status
Active
Size
1,460 SF
Lot size
0.34 Acres
Property subtype
Retail
Zoning
C-5
Investment Type
Owner/User
Building Details
Tenancy
Single
Listing Agency:
Cummins-Setters Commercial Partners
Listed By:
Johnny Owens · License #OK 084935
(580) 357-2727
Source:
Crexi
Added: Jun 18, 2024
Changed: Oct 25
Last Checked: Oct 26 at 2:40PM
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
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Investment Insights
Based on property information with market context.
This garage property features approximately 1,460 square feet of space, including an office area. The structure includes 3 overhead doors. It is situated on two city lots, totaling approximately 0.34 acres. The property is located at the corner of 11th Street and D Avenue.
Key Highlights
- Large ±1,460 sf garage space
- Located on a hard, lighted corner lot
- Includes an office space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,471
Cap Rate
8.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$389,420
$389.4K
Cap Rate 7%
$278,157
$278.2K
Cap Rate 9%
$216,344
$216.3K
Market Conditions
NOI Build-Up for 1,460 SF
Gross rent
$31.0K $21.24/SF
− Vacancy
−$3.2K −$2.19/SF
EGI
$27.8K $19.05/SF
− OpEx
−$8.3K −$5.72/SF
NOI
$19.5K $13.34/SF
Area
Comanche County, OK
Vacancy
10.30%
Lease Rate
$21.24 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$389,420
Cap Rate 7%
$278,157
Cap Rate 9%
$216,344
Alternative Uses
Best Use
Retail
$278.2K
$243.4K – $324.5K
NOI $19,471 @ 7.0% cap · market cap 8.77%
Second Best
Industrial
$105.3K
$92.2K – $122.9K
NOI $7,374 @ 7.0% cap · market cap 3.32%
Theoretical Best
Office A
$359.0K
$314.2K – $418.9K
NOI $25,132 @ 7.0% cap · market cap 11.32%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,269
Businesses Nearby
35k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 91%
Dining 5%
Home Improvements & Furnishings 4%
BancFirst
Shops & Services
6,830 visits/mo
0.5 miles
Valero Energy
Shops & Services
6,755 visits/mo
0.2 miles
Stripes
Shops & Services
6,241 visits/mo
0.4 miles
Valero Energy
Shops & Services
4,447 visits/mo
0.3 miles
City National Bank
Shops & Services
4,348 visits/mo
0.4 miles
Demographics for 73501, OK
19,158
Population
9,216
Households
2.1
Avg Household Size
37
Median Age
16%
College-Educated
87%
High-School Grad
105.0 sq mi
ZIP Area
182
Density / Sq Mi
$49,061
Median Household Income
$31,399
Median Earnings
$831
Median Rent
$119,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Auto Alignment & Frame Co — 509 SW Lee Blvd, Lawton, OK 73501
- Glass Doctor of Lawton — 505 SW Lee Blvd, Lawton, OK 73501
- CWILL TOWING SERVICES — 412 SW Summit Ave, Lawton, OK 73501
- ASE Automotive — 1015 SW 2nd St, Lawton, OK 73501
- Jim's Tire Services — 204 SW Summit Ave, Lawton, OK 73501
Frequently Asked Questions
What type of property is this?
Auto shop - 1,460 SF garage with office on 0.34 acres.
Where is this auto shop located?
The property is located at 320 SW 11th St Lawton, OK.
What is the asking price?
The asking price for this property is $222,000.
What are key features of this property?
This property features: Large ±1,460 sf garage space; Located on a hard, lighted corner lot; Includes an office space
