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    1217 Cache Rd Lawton, OK 73507

    For Sale
    $195,000

    Prime Lawton location, vacant, high traffic.

    Property size:
    6,680 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This 6,680-square-foot commercial property at 1217 NW Cache Rd, Lawton, OK 73507, is priced to sell quickly at $195,000 ($29.19/sq ft). The vacant building, built in 1971, sits on a 0.58-acre lot and is zoned C-5, making it ideal for a variety of uses, including QSR and restaurant operations. While the property is being sold "as is," it boasts a structurally sound building with existing features such as a vent hood and walk-in coolers. A second-floor private office space provides additional versatility. The large parking lot complements the property's high-traffic location just west of I-44, experiencing approximately 22,000 cars per day. Nearby businesses include Rise & Shine Omelet Grill, Wichita Furniture, Sundance Rentals, and Phillips 66. This presents a unique opportunity for investors seeking a quick turnaround or entrepreneurs looking to establish a thriving business in a high-visibility area. Deferred maintenance is noted.

    Property Features for 1217 Cache Rd

    General Information

    Property type
    Restaurants
    Square Feet
    6,680 SF
    Lot Size
    25,265 SF

    Building Details

    Year Built
    1971

    HighLights

    • Motivated Seller, Priced to Sell Quickly.
    • Private Offices Available.
    • High‑Traffic Location, 22,000 Cars Per Day.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Puerto Rico To Go ... Puerto Rican Restaurant

    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
    -98.4079284
    Latitude
    34.6237107

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    FAQs

    What type of property is this?
    Restaurant - Prime Lawton location, vacant, high traffic.
    Where is this restaurant located?
    The property is located at 1217 Cache Rd Lawton, OK.
    What is the asking price?
    The asking price for this property is $195,000.
    What are key features of this property?
    This property features: Motivated Seller, Priced to Sell Quickly.; Private Offices Available.; High-Traffic Location, 22,000 Cars Per Day.
    Request Owner's contact information
    1217 Cache Rd Lawton, OK 73507
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    Lawton, OK 73507
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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
    1217 Cache Rd Lawton, OK 73507
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