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    1127 Cache Rd Lawton, OK 73507

    For Sale
    $1,300,000

    High-traffic retail space, Lawton, OK

    Property size:
    30,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional Lawton, Oklahoma retail property, located at 1127 NW Cache Rd, presents a rare investment opportunity. Boasting 30,000 square feet on approximately 1.92 acres, this storefront sits on a hard corner with 360 feet of frontage along NW Cache Rd and Ft. Sill Blvd, two of Lawton's busiest thoroughfares. The property benefits from high visibility, being the first commercial building visible upon exiting I-44. The substantial annual average daily traffic count of 15,900 vehicles underscores its prime location. Built in 1950 and extensively renovated in 2022, including a new roof in 2023, the property features new flooring and LED lighting throughout. The main retail space offers seven entrances, allowing for flexible subdivision into smaller retail units, creating a potential shopping center. Two warehouses, one with two and the other with three overhead garage doors, provide additional space. Ample parking and multiple entrances enhance convenience. The property is zoned C-5, and the asking price is $1,300,000 ($43.33/sq ft). Nearby businesses include U-Haul, Central Junior High, Cache Road Plaza, and Hello Gorgeous Hair Studio. An adjacent 0.63-acre parcel is also available for purchase separately for $300,000. The current owner-user business will discontinue upon closing. This property offers excellent signage opportunities facing both NW Cache Rd and Ft. Sill Blvd.

    Property Features for 1127 Cache Rd

    General Information

    Property type
    Individual retail properties
    Square Feet
    30,000 SF

    Building Details

    Year Built/Renovated
    1950/2022

    HighLights

    • 30,000 SF retail building on 1.92 acres at a hard corner with 360' of frontage on NW Cache Rd and Ft. Sill Blvd in Lawton, OK.
    • High‑visibility location, first commercial building visible from I‑44, with 15,900 AADT.
    • New roof (2023), extensive 2022 renovations including new flooring and LED lighting.
    • Excellent signage opportunities on two major thoroughfares.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Wichita Furniture Furniture Store

    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
    -98.406028256555
    Latitude
    34.623226150089

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    FAQs

    What type of property is this?
    Individual retail property - High-traffic retail space, Lawton, OK
    Where is this individual retail property located?
    The property is located at 1127 Cache Rd Lawton, OK.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: 30,000 SF retail building on 1.92 acres at a hard corner with 360' of frontage on NW Cache Rd and Ft. Sill Blvd in Lawton, OK.; High-visibility location, first commercial building visible from I-44, with 15,900 AADT.; New roof (2023), extensive 2022 renovations including new flooring and LED lighting.
    Request Owner's contact information
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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
    1127 Cache Rd Lawton, OK 73507
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