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    1312 Sheridan Rd Lawton, OK 73505

    For Sale
    $1,100,000

    1.13-acre commercial lot, high traffic area.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 1.13-acre development site presents a rare opportunity in Lawton, Oklahoma. Located at 1312 NW Sheridan Rd, this property sits on one of Lawton's busiest thoroughfares, ensuring high visibility and accessibility for any commercial venture. Currently zoned C-5, this land offers significant potential for a diverse range of developments, catering to both local businesses and national franchises. The asking price is $1,100,000. The existing structures on the property are to be removed by the buyer, making this a blank canvas for your vision. This is a unique opportunity to acquire a substantial parcel in a highly desirable location, with limited comparable properties available on Sheridan Road. The property's address is precisely 1312 NW Sheridan Rd, Lawton, OK 73505, situated within Comanche County. Its prime location offers unparalleled exposure and convenience, making it an ideal investment for those seeking a high-impact commercial development. The lot size is 1.13 acres, providing ample space for a variety of projects. This is a truly exceptional opportunity to establish a presence in a thriving Lawton market. Don't miss this chance to secure a piece of Lawton's commercial landscape.

    Property Features for 1312 Sheridan Rd

    General Information

    Property type
    Specialty properties
    Lot Size
    49,223 SF

    HighLights

    • $1,100,000 asking price.
    • 1.13‑acre commercial development site.
    • Located in Lawton, Oklahoma, at 1312 NW Sheridan Rd, in Comanche County, zip code 73505.
    • C‑5 zoning.
    • High‑traffic location on Sheridan Road, one of Lawton's busiest streets.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon 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
    -98.4226632
    Latitude
    34.6219189

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    FAQs

    What type of property is this?
    Specialty property - 1.13-acre commercial lot, high traffic area.
    Where is this specialty property located?
    The property is located at 1312 Sheridan Rd Lawton, OK.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: $1,100,000 asking price.; 1.13-acre commercial development site.; Located in Lawton, Oklahoma, at 1312 NW Sheridan Rd, in Comanche County, zip code 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
    1312 Sheridan Rd Lawton, OK 73505
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