Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    2315 Sheridan Rd Lawton, OK 73505

    Sponsored
    For Sale
    $849,000

    Established Restaurant, High Traffic Area

    Property size:
    9,460 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional mixed-use investment opportunity encompasses a thriving Papa Louie's Pizzeria, strategically located on a high-traffic corner of Sheridan Road in Lawton, Oklahoma. The property boasts a substantial 9,460 square feet, spread across multiple buildings, offering diverse operational spaces. The main restaurant building at 2315 NW Sheridan Rd features two entrances, a built-in bar, security cameras, two ADA-compliant restrooms, and ample space for potential expansion. Adjacent at 2012 NW Smith Ave is a building with a brand new roof, over 1,700 square feet of kitchen space, an 8x12 walk-in refrigerator, and additional room for seating. A separate 1,440 square foot warehouse at 2307 NW Sheridan Rd includes three overhead doors and water availability. The 0.63-acre lot benefits from highly visible pole signage. The property's prime location near Fort Sill, a major US Army post, ensures a consistent customer base. Nearby businesses include Family Dollar and Chrome Link Harley Davidson. All existing inventory, including pool tables, kitchen equipment, game machines, dance floor, and inflatables, is included in the sale. The restaurant is currently operational, presenting a turnkey opportunity for an owner/user. The property is zoned C-5 and was built in 1975. The asking price is $849,000, translating to $89.75 per square foot. Individual buildings are also available for lease.

    Property Features for 2315 Sheridan Rd

    General Information

    Property type
    Restaurants
    Square Feet
    9,460 SF
    Lot Size
    27,443 SF

    Building Details

    Year Built
    1975

    HighLights

    • Fully equipped restaurant including all inventory: pool tables, kitchen equipment, game machines, dance floor, and inflatables.
    • Currently operating restaurant.
    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 Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lawton
    County
    Comanche
    State
    Oklahoma
    Longitude
    -98.4219782
    Latitude
    34.6322421

    Nearby Similar for Sale

    • $400,000
      6,000 SF

      Turnkey Church/Training Facility in Lawton

      6,000 SF building ideal for church or training center.
      104 SW 11Th St, Lawton, OK 73501
      View Details
    • $895,000
      22,080 SF

      Lawton Commercial Property For Sale

      22,080 SF commercial property in Lawton, Oklahoma.
      102 SW 11Th St, Lawton, OK 73501
      View Details
    • $139,900
      1,824 SF

      Lawton Office Building For Sale

      Versatile office building with high visibility on Cache Road.
      1222 NW Cache Rd, Lawton, OK 73507
      View Details
    • $115,000
      2,531 SF

      Lawton Triplex with New Upgrades

      Triplex in Lawton, OK, with new roof and siding.
      1602 NW Columbia Ave, Lawton, OK 73507
      View Details
    • $54,900
      1,400 SF

      Lawton Townhome with Owner Finance

      Townhome with granite countertops, open floor plan, owner finance.
      1122 NW 52Nd Cir, Lawton, OK 73505
      View Details
    • $285,000

      Well-Maintained Duplex Near Cameron University

      Spacious duplex near Cameron University, ideal for investors or owner-occupants.
      2505 SW C Ave, Lawton, OK 73505
      View Details
    • $5,900,000
      37,200 SF

      Lawton, OK Shopping Center

      Anchored shopping center with national tenants and high occupancy.
      1217 NW Sheridan Rd, Lawton, OK 73505
      View Details
    • $180,000

      Office Building in Lawton, OK

      Office building for sale in Lawton, Oklahoma.
      1201 NW Arlington Ave - A B C D E, Lawton, OK 73507
      View Details
    • $92,000
      1,680 SF

      Lawton Duplex: Investment Opportunity

      Well-maintained duplex in Lawton, OK, generating $15,048 annual rental income.
      15 NW 25Th St, Lawton, OK 73501
      View Details
    • $425,000

      Lawton Multifamily Investment Opportunity

      Eleven-unit property near Fort Sill generating monthly income.
      1910 NW Hoover Ave, Lawton, OK 73507
      View Details
    • $119,000
      1,254 SF

      Lawton, OK Retail Freestanding Building

      Commercial property with great visibility and flexible layout in Lawton.
      1527 W Gore Blvd, Lawton, OK 73501
      View Details
    • $495,000
      9,000 SF

      Lawton, OK Retail Storefront Building

      9,000 SF retail building on 0.424 acres in Lawton, OK.
      2126 SW Lee Blvd, Lawton, OK 73501
      View Details

    FAQs

    What type of property is this?
    Restaurant - Established Restaurant, High Traffic Area
    Where is this restaurant located?
    The property is located at 2315 Sheridan Rd Lawton, OK.
    What is the asking price?
    The asking price for this property is $849,000.
    What are key features of this property?
    This property features: Fully equipped restaurant including all inventory: pool tables, kitchen equipment, game machines, dance floor, and inflatables.; Currently operating restaurant.;
    Request Owner's contact information
    2315 Sheridan Rd Lawton, OK 73505
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2315 Sheridan Rd
    Lawton, OK 73505
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    2315 Sheridan Rd Lawton, OK 73505
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.