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    1401 Parkridge Blvd Lawton, OK 73505

    Sponsored
    For Sale
    $1,450,000

    10,000 SF Office, 100% Occupied

    Property size:
    10,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    399
    This exceptional C-Class commercial property, located at 1401 SW Parkridge in Lawton, Oklahoma, presents a compelling investment opportunity. The single-story, 10,000 square foot building, constructed in 2006, sits on a 0.9-acre lot and is currently 100% occupied, generating a consistent rental income stream. Detailed financial information, including the rent roll, is available upon request. The property is zoned C-4, allowing for a variety of uses, including office, medical, and retail spaces, providing flexibility for future tenants or potential redevelopment. The building's prime location in Lawton, Comanche County, Oklahoma, 73505, offers excellent visibility and accessibility. This is a rare chance to acquire a fully leased, well-maintained commercial property in a thriving market. The asking price is $1,450,000. Serious inquiries only.

    Property Features for 1401 Parkridge Blvd

    General Information

    Property type
    Retail properties
    Square Feet
    10,000 SF
    Class
    C
    Lot Size
    39,204 SF

    Building Details

    Year Built
    2006
    Buildings
    1
    Stories
    1
    Property Profile Location Intelligence

    Current Use by Public Records

    DLO Lawton Southwest ... Medical Laboratory Select Physical Therapy ... Physical Therapy Clinic Bodywork by Naomi Massage Therapist Joseph Mcfarlane Physical Therapist Leonor Watkins Physical Therapist

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lawton
    County
    Comanche
    State
    Oklahoma
    Longitude
    -98.4420459
    Latitude
    34.5894953

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    FAQs

    What type of property is this?
    Retail property - 10,000 SF Office, 100% Occupied
    Where is this retail property located?
    The property is located at 1401 Parkridge Blvd Lawton, OK.
    What is the asking price?
    The asking price for this property is $1,450,000.
    Request Owner's contact information
    1401 Parkridge Blvd 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
    1401 Parkridge Blvd Lawton, OK 73505
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