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    2Nd St Lawton, OK 73501

    For Sale
    Contact for pricing

    3.5-acre lot, prime downtown location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 3.5-acre commercial land parcel presents a unique development opportunity in the heart of Lawton, Oklahoma. Located in Lawton's Downtown Center Part 2, Lot 3, Block 1, this property boasts 452 feet of frontage on North Railroad Street. The land is zoned I-3, I-1, R-3, and C-5, offering considerable flexibility for a variety of commercial uses. The land value is priced between $2 and $3 per square foot. This strategic location offers high visibility and accessibility, situated near major retailers including Kohl's, Joann Fabrics, Dick's Sporting Goods, Ulta, Bed Bath & Beyond, Dollar Tree, and the Hilton Garden Inn. The property's proximity to these established businesses and two hotels ensures high traffic and strong potential for return on investment. This is an exceptional opportunity to acquire a sizable, well-located parcel ready for immediate development in a thriving Oklahoma city. The property's zoning allows for diverse development options, making it an attractive investment for both short-term and long-term growth. The high traffic streets provide excellent visibility and accessibility for any commercial venture.

    Property Features for 0 2Nd St

    General Information

    Property type
    Land
    Lot Size
    152,460 SF

    HighLights

    • Two developable land parcels.
    • High‑traffic street frontage on both lots.
    • Adjacent to two hotels.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lawton
    County
    Comanche
    State
    Oklahoma
    Longitude
    -98.2431747
    Latitude
    34.5618456

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    FAQs

    What type of property is this?
    Land - 3.5-acre lot, prime downtown location.
    Where is this land located?
    The property is located at 2Nd St Lawton, OK.
    What are key features of this property?
    This property features: Two developable land parcels.; High-traffic street frontage on both lots.; Adjacent to two hotels.
    (580) 353-6100
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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
    2Nd St Lawton, OK 73501
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