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    2608 Lee Blvd Lawton, OK 73505

    For Sale
    $495,000

    High-traffic, 100% occupied retail center.

    Property size:
    5,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional Lawton, OK retail property, located at 2608 SW Lee Blvd, presents a compelling investment opportunity. The 5,000 square foot building, constructed in 2007, is situated on a 2.38-acre lot and zoned I-1. The property comprises a single, one-story structure housing four individual retail spaces, each measuring 1,250 square feet. Currently operating at 100% occupancy with a multi-tenant lease structure, this property offers a stable income stream. Each unit features a spacious open retail area, a dedicated storage room, a restroom, attractive glass storefront, and a convenient back door. HVAC units are securely caged and locked. The property benefits from its location on a high-traffic street, ensuring excellent visibility and accessibility for tenants and customers. Tenants are responsible for their own utilities, minimizing management responsibilities. The substantial 2.38-acre lot offers significant potential for future expansion or development. The rear land presents a particularly attractive opportunity for the construction of additional mini-storage units, further enhancing the property's value and income potential. The asking price is $495,000, representing a price per square foot of $99. This sale-leaseback opportunity provides a strong return on investment with a gross lease structure. This property is an ideal addition to any portfolio seeking stable income and future growth potential in a thriving Lawton, OK market.

    Property Features for 2608 Lee Blvd

    General Information

    Property type
    Lifestyle centers
    Square Feet
    5,000 SF
    Lot Size
    103,673 SF

    Building Details

    Year Built
    2007
    Buildings
    1
    Stories
    1
    Units
    4
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop 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
    -98.4289809
    Latitude
    34.5942504

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    FAQs

    What type of property is this?
    Lifestyle center - High-traffic, 100% occupied retail center.
    Where is this lifestyle center located?
    The property is located at 2608 Lee Blvd Lawton, OK.
    What is the asking price?
    The asking price for this property is $495,000.
    Request Owner's contact information
    2608 Lee 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
    2608 Lee Blvd Lawton, OK 73505
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