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    445 2Nd St Lawton, OK 73507

    Sponsored
    For Sale
    $431,244

    0.99-acre commercial lot, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.99-acre commercial land parcel presents a unique investment opportunity in the heart of Lawton, Oklahoma. Situated at 445 NW 2nd St, this property is part of the ongoing 2nd Street redevelopment project, a significant 17-block revitalization effort in Lawton's central business district. The lot, designated as outparcel A, enjoys a highly visible location at the north end of the Lawton Town Center. Its strategic placement directly north of a Mattress Firm store ensures high traffic and excellent exposure for any future development. The asking price for this prime commercial land is $431,244. With its size and location within a thriving redevelopment zone, this property offers significant potential for a variety of commercial uses, making it an attractive investment for discerning buyers seeking a foothold in Lawton's dynamic commercial landscape. The property's address is precisely 445 NW 2nd St, Lawton, OK 73507, within Comanche County. The lot encompasses 43,124.4 square feet (0.99 acres) and is ready for immediate development. This is a rare opportunity to acquire a strategically located commercial lot in a rapidly growing area.

    Property Features for 445 2Nd St

    General Information

    Property type
    Land
    Lot Size
    43,124 SF

    HighLights

    • $431,244 asking price.
    • 0.99‑acre commercial land parcel.
    • Located at 445 NW 2nd St, Lawton, OK 73507.
    • Situated in the Lawton Town Center redevelopment project.
    • Adjacent to Mattress Firm.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lawton
    County
    Comanche
    State
    Oklahoma
    Longitude
    -98.3898209
    Latitude
    34.6142375

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    FAQs

    What type of property is this?
    Land - 0.99-acre commercial lot, ideal for development.
    Where is this land located?
    The property is located at 445 2Nd St Lawton, OK.
    What is the asking price?
    The asking price for this property is $431,244.
    What are key features of this property?
    This property features: $431,244 asking price.; 0.99-acre commercial land parcel.; Located at 445 NW 2nd St, Lawton, OK 73507.
    (580) 284-0044
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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
    445 2Nd St Lawton, OK 73507
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