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Property profile & analytics
OFF-MARKET
Estimated value
$1,280,000
Retail space
2309 Lee Blvd Lawton, OK 73505-8352
Individually Owned
Absentee Owner
Free & Clear
Property ID
US69-0326915
Property summary
AI-generated overview
This exceptional 37,084-square-foot single-tenant executive office and retail building, located at 2309 SW Lee Blvd in Lawton, Oklahoma, presents a unique leasing opportunity. Built in 1975 and extensively renovated in 2016, the property boasts a new roof and parking lot. The building's layout is highly adaptable, featuring 27,213 square feet of ground floor space, complemented by 7,282 square feet and 2,762 square feet of space on the upper west and east sides, respectively. Suite 7, situated upstairs, offers the potential for division into two separate suites, depending on tenant needs. The property is zoned I-1 and is ideally suited for a large, single-use tenant such as a call center or defense contractor. The landlord is open to considering space division based on the specific use and lease terms. Strategically located near the intersection of SW Sheridan and SW Lee Blvd, between Goodyear and Interstate 44, this property offers excellent visibility and accessibility. Comanche County location and 73505 zip code.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1975
Total area
27,040 SF
Lot
2.14 ac (93,218 SF)
APN
26987
UPID
US69-0326915
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.78M
Blend (final)
Blend
$1.28M
Owner & transaction history
RONALD G NANCE
RONALD G NANCE
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lawton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lawton submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.28M
Range $1.15M – $1.41M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$47 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$13,596
Tax year 2023
Assessed value
$125,724
Assessed 2023
Previous assessed
$125,724
+0.0% YoY
Effective rate
10.81%
On assessed value
Assessed land
$46,469
Assessed improvement
$79,255
Land market value
$413,060
Improvement market value
$704,488
Total market value
$1,117,548
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1975
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
27,040 SF
Lot
2.14 ac (93,218 SF)
APN
26987
UPID
US69-0326915
Jurisdiction
COMANCHE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1975
Heating
YES
Cooling
Yes
Stories
1
Lot
2.14 ac
Current owner
From public records · entity-resolved
RONALD G NANCE
Individual
Free & Clear · 0 yrs held
Mailing address
1 SW 11TH ST STE #180, LAWTON, OK 73501-3840
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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